Ainsworth Begins Search for New North American President

LAS VEGAS (January 26, 2018) – Ainsworth Game Technology (“Ainsworth”) announced today that the Company has begun its search for a successor to President – North America Mike Dreitzer, who announced his resignation earlier this month to pursue another opportunity.

“We look forward to naming a new president to continue to grow our North American operations and successfully execute our strategy,” said Ainsworth Chief Executive Officer Danny Gladstone. “Under Mike’s leadership, Ainsworth’s North American operations have grown to more than $80 million in revenue. Mike was instrumental in entering the Class II market following the successful acquisition of Nova Technologies and opening a state-of-the-art North American headquarters in Las Vegas.”

Gladstone added: “It will remain business as usual for all aspects of our North American operations. We have a highly capable North American team that includes several executive leaders who have been integral to our recent successes.”

Dreitzer, who has spent nearly five years at the helm of Ainsworth’s North American business, will remain in the role until Feb. 16.

“It has truly been an honor to spend almost the last five years of my career helping to build the talented and dedicated Ainsworth team,” Dreitzer said. “I have no doubt Ainsworth will continue to grow and flourish with a strong product roadmap, commitment to world-class service and passion for working every day to meet the needs of its customers. That’s the culture we have created here. I am very proud of what we have accomplished.”

The Company has made several key announcements as it enters 2018.

In late 2017, Ainsworth announced the largest single North American game installation in Company history. The 270 games are now live at the newly opened Four Winds Casino Resort in South Bend, Ind.Also, in late 2017, Ainsworth completed the installation of its first custom Wide Area Progressive (WAP) jackpot at Seminole Gaming properties throughout South Florida. The Dream Hit Jackpot is available on 60 Ainsworth games across five Seminole Gaming casinos.

In December, Ainsworth completed the first installation of its patent-pending AnyBet Progressive on 80 new A600, A600 Slant Top and A560SL Noir gaming cabinets at Jena Choctaw Pines Casino in Dry Prong, La. The unique AnyBet Progressive link, which enables players to win life-enhancing jackpots at any bet level, expands on the Company’s recent success in Class II markets.

Ainsworth announced earlier this year that Austrian gaming supplier Novomatic AG acquired a 52 percent stake in the Company after receiving all necessary regulatory approvals.

“We enter 2018 in a very strong position for continued success,” said Gladstone. “Our team and our products are poised for a great performance. With the backing of Novomatic, our majority shareholder, the Ainsworth brand will going remain strong in North America.”