Las Vegas, NV 89118 USA
Ainsworth Game Technology Limited (ASX:AGI) (“Ainsworth”) is an Australian publicly listed company headquartered in Newington, Sydney, Australia.
As a global company with offices located around the world, Ainsworth is committed to a vision of delivering excellence in gaming solutions and being a leading supplier in regions within Australasia, Europe, North and Latin America.
The Company’s Board of Directors and management strongly support the principles of good corporate governance to create long-term value for shareholders and maintaining the Company’s strong reputation for integrity. This is particularly important given the highly regulated nature of the industry Ainsworth operates within, and is essential for securing new gaming licences and protection of over 275 current licences globally.
With a fully integrated operation, Ainsworth encompasses the entire product development cycles, from conception through to installation, service and support. Innovative game designs and leading technology is consistently at the forefront of development teams to ensure entertainment and player appeal.
The global pandemic has necessitated the introduction of safety precautions in line with professional health recommendations which have been implemented in all Ainsworth offices with the health and safety of employees being a priority.
Ainsworth Videos and Product Demos
LAS VEGAS, NV October 21, 2020 – Ainsworth Game Technology Limited (ASX: AGI) (“Ainsworth”) announced it has reached an agreement to provide exclusive Keno, Video Poker and Reel content for Golden Gaming across its route in Montana.
The three-year agreement gives Golden Gaming exclusive rights to use the Montana Gold MultiGame, which includes a variety of content that is among the top performing in the competitive Montana Video Lottery Terminal market.
This announcement comes less than six months after Ainsworth purchased the assets of MTD Gaming Inc. MTD developed and supplied premium performing and unique Poker, Keno and Reel content for Video Lottery Terminal markets such as Montana, Louisiana and South Dakota.
“This is our first large agreement following the acquisition of MTD’s assets,” said Ainsworth Chief Commercial Officer Deron Hunsberger. “We are thrilled to continue to be working extremely closely with the most respected route operator in the U.S. in Golden Gaming. We are confident the strong performance of this product in Montana will provide a strong return-on-investment for Golden and a unique experience for players.”
Ainsworth plans to expand the offering of these Keno, Video Poker and reel slot MulitGame products across multiple markets in the coming months, including Nevada, California, Arizona and New Mexico.
Golden Gaming Senior Vice President of Distributed Gaming Blake Sartini said: “Ainsworth and the former MTD product make for a great match. We are excited to have the exclusive content rights in Montana and looking forward to a mutually beneficial long-term partnership.”
RUSH STREET INTERACTIVE PARTNERS WITH REPUTABLE GAMING PROVIDER AINSWORTH TO LAUNCH NEW ONLINE SLOT GAMES AT PLAYSUGARHOUSE.COM IN NEW JERSEY
LAS VEGAS, NV October 19, 2020 – Rush Street Interactive (RSI) is thrilled to partner with Ainsworth Game Technology Limited (ASX: AGI) (“Ainsworth”) to bring a selection of Ainsworth’s most exciting slot games to RSI’s popular NJ online casino site, https://pa.playsugarhouse.com/?l=RiversPhiladelphia
PlaySugarHouse.com players in New Jersey will now have the chance to spin the reels on several of Ainsworth’s strongest performing titles such as Viking Reign, Amazon Gold, Sweet Chilli and Action Dragons. Additionally, Ainsworth will be adding new slot games regularly so that PlaySugarHouse.com players will have a continual flow of exciting and innovative Ainsworth game content available to play on the site.
“It’s great news for our players that we are adding Ainsworth content to our robust library of slot games,” says Richard Schwartz, President of Rush Street Inertactive, which operatates PlaySugarHouse.com. “Every week we’re adding new games for players to enjoy, and the partnership with Ainsworth provides us with a great suite of new slot games that supports our goal of always delivering a dynamic and premium experience for our valued players.”
“We are excited to partner with the highly acclaimed online casino operator, RSI, to bring our content to a new audience in New Jersey,” said Ainsworth Online General Manager Jason Lim. “We’re now happy to be offering PlaySugarHouse.com players the chance to win big while experiencing some of our more popular land-based games in an online environment, as well as introducing them to some exciting new titles we’re developing for future release at PlaySugarHouse.com.”
LAS VEGAS, NV October 1, 2020 – Ainsworth Game Technology Limited (ASX: AGI) (“Ainsworth”) and Resorts Casino in Atlantic City, N.J. recenty announced the latest thrilling Ainsworth games can now be played at www.ResortsCasino.com and www.MoheganSunCasino.com.
Resorts Casino players can now aim to win big on a variety of Ainsworth titles like Golden Dollars and Wild Nights with new games being released on a regular basis.
“We are excited to have our content available on the Resorts Casino sites,” said Ainsworth Online General Manager Jason Lim. “Our growth in the New Jersey online market continues and we’re seeing that players enjoy the unique experience of Ainsworth games. Many of these games have been popular for many years in Atlantic City land-based properties. Now players can experience them in a new way online.”
Ed Andrewes, CEO of Resorts Interactive Casino, said “It’s great news to have Ainsworth titles live on www.ResortsCasino.com and www.MoheganSunCasino.com. Ainsworth’s high and low denomination games make a tremendous addition to our already broad library of games We believe that these games will resonate particularly well with our customers who like to play in the casino as well as online, and this will further establish our position as one of the leading operators for online slots in New Jersey.”
LAS VEGAS, NV September 23, 2020 – Ainsworth Game Technology (ASX: AGI) (“Ainsworth”) announced a new partnership with SoftGamings, a B2B casino platform provider and gaming systems aggregator. Ainsworth’s casino slot games will be available through SoftGamings European and UK platform and real-money gaming operator network.
Ainsworth’s General Manager of Interactive and Online, Jason Lim said: “We are excited to be partnering with SoftGamings in continuing our expansion into the European Real Money Gaming market and look forward to growing the online business with our latest land based games.”.
SoftGamings’ Director of Partnerships, Irina Sazonova, stated: “Inking the partnership deal with Ainsworth Game Technology is a huge step forward and an important milestone for SoftGamings. We are happy to welcome the company to our family that already features 100+ providers and more than 3,000 games. Moreover, we are thrilled to offer Ainsworth’s games to our clients via SoftGamings’ unified API integration platform and look forward to a long and fruitful collaboration with the provider.”
NOVOMATIC has signed a non-exclusive distribution agreement with Ainsworth, whereby the Australian company will act as a sales and service unit for NOVOMATIC products in the Asia-Pacific region, including Australia and New Zealand.
Newly appointed Ainsworth VP Business Development & Sales Asia Pacific, Robert Dijkstra, will be representing both brands. For the past five years prior to his new role, Robert represented NOVOMATIC in the Asia-Pacific region, working closely with Ainsworth.
NOVOMATIC’s Sales Manager Southeast Asia, Michael Barsin, will also join Ainsworth as of October 1st, 2020 continuing to serve the region from his Hong Kong base, representing both brands.
The NOVOMATIC product suite for the Asian region consists of leading slot machines, market-focused games and multi-game editions, ETGs, casino management and media systems, Linked Progressives as well as sports betting solutions. Ainsworth looks forward to introducing their impressive new suite of A-Star™ cabinets into the region, further complimenting its current portfolio of stand-alone, link progressive and multi-games.
“By bringing the two companies together we can increase the diversity of offerings to our customer base through the one channel. I am looking forward to overseeing this progressive development and believe it will benefit all stakeholders”, said Robert Dijkstra.
This new distribution and after-sales service structure will enhance the service and support network for the installed machine base, provide a strong commercial structure for existing and new customers and accelerate the expansion of NOVOMATIC and Ainsworth products in the Asia-Pacific region.
20 August 2020
• AGT’s priorities are the health and wellbeing of its employees and the preservation of shareholders’
funds. The company is providing flexibility for staff to work safely and remotely.
• Customers across all AGT’s markets suspended operations from mid-March. Some reopenings of
customers’ facilities have occurred since that time, although venues have reduced CAPEX due to
visitations being well below pre pandemic levels.
• AGT implemented a series of cost saving measures to ensure the company can endure a protracted
• H2FY20 revenues impacted, $42m compared to $116m in the prior comparative period; a decline of
• FY20 underlying net loss before tax of approximately $34m, subject to audit completion and excludes
non-cash related impairment charges (LATAM one off non-cash impairment of $12m). The net loss
also excludes one off costs and Job Keeper subsidies.
• Focus on liquidity and balance sheet strength; $26.5m of cash at 30 June 2020. Debt facility with ANZ
is in the process of being restructured.
• With a reduced cost base and more flexible financing facility, AGT is positioned to benefit as
customers progressively resume more typical business levels.
Chief Executive Officer Lawrence Levy commented, “While Covid-19 hit our industry hard, we moved quickly
to protect Ainsworth. We took proactive measures to streamline our overheads and we are securing more
flexible financing arrangements to ensure we can endure a protracted downturn. AGT is now well positioned
as customers across our major markets look to recover from the effects of the pandemic”.
Subject to audit completion, AGT expects to report FY20 results as follows:
• Revenues of $149m, a decline of 36% versus the prior financial year.
• Positive adjusted EBITDA A$2.9m (excludes one-off impairment charge).
• Adjusted net loss before tax of approximately $34m – excludes one off costs including non-cash
impairment charges, Job Keeper and costs associated with the acquisition of MTD, which was
completed in March 2020.
• Included in FY20 are 67 redundancies (23 in Australia and 44 in Americas) at an annualised cost
saving of A$6.4m. In addition, 40 roles have been eliminated at a further cost saving of A$3.8m per
• Net debt of $17.5m as at 30 June 2020.
• In addition, on review of LATAM Cash Generating Unit a one-off (non-cash) impairment of A$12m is
expected at FY20.
• The FY20 final dividend has been cancelled to ensure the Company is well placed to should a
protracted downturn eventuate.
• AGT is expecting to release preliminary, unaudited FY20 results on 27 August 2020 after market close
and anticipates release of audited results in September 2020.
This delayed reporting of audited results is permitted pursuant to ASX Class Waiver Decision – Extended
Reporting and Lodgment Deadlines dated 16 June 2020 and reliance on ASIC Corporations (Extended
Reporting and Lodgment Deadlines – Listed Entities) Instrument 2020/451, which permits the extension of the
lodgment date for audited annual accounts and the other documents required to be lodged with ASIC under
section 319 of the Corporations Act 2001 (Cth), to 2 November 2020. AGT will immediately make a further
announcement to the market after the lodgment of its unaudited accounts if there is a material difference
between the unaudited accounts and the audited accounts.
Cost minimisation measures
To assist with the impact of the pandemic and restrictions established in global markets, various cost
minimisation measures were implemented in Q4.
- Executive Management voluntarily took 20% reductions in base salaries for the June quarter. This has
now been extended for the September quarter.
- Chairman waived his fees for the June quarter and has agreed to 20% reduction for the September
- Other paid directors have taken 20% reduction in fees (including sub-committee fees) for the June
quarter which has been extended for the September quarter.
- Rent concessions for Newington facility were provided. June quarter waived and 50% reduction for 6
months to 31/12/20. Other rental concessions were provided for service premises occupied.
- Stand downs were initiated across the Australian operations as well as reduced working days to 2-3
days across operational departments. In the USA, 111 employees and 15 contractors placed on
furlough with a freeze on all new hires.
Further details will be provided in FY20 results announcement.
Debt facility and liquidity
- AGT finished H1FY20 with cash balances of $42m following the repayment of borrowing during the first
half of the year.
- In H2FY20 the completion of the MTD acquisition in March required US$18m of consideration including
US$5m to be held subject to re-signing of a key contract in Montana or attaining set financial targets.
- AGT currently has a A$44m drawn debt facility with ANZ. The ANZ facility is in the process of being
amended with covenants being revised to minimum liquidity levels and quarterly sales targets. These
new conditions are intended to be in place for the remaining term of the loan, which expires in
September 2021, effectively replacing the previous covenants in place at 30 June 2020.
- The facility is expected to be reduced to A$60m with progressive reductions of A$10m in December
2020 and A$10m in each of March and April 2021.
- AGT had cash balances at 30 June 2020 of $26.5m.
A further update will be provided with the preliminary unaudited FY20 results, expected to be released to ASX
after market close on 27 August 2020.
This announcement was authorised for lodgement by the Board of Directors.
AINSWORTH AND ROAR DIGITAL LAUNCH EXCLUSIVE ONLINE SLOT GAMES WITH BETMGM, BORGATA AND PARTY CASINO BRANDS IN NEW JERSEY
LAS VEGAS, NV June 23, 2020 – Ainsworth Game Technology Limited (ASX: AGI) (“Ainsworth”) and ROAR Digital LLC, leading sports betting and gaming group, today announced that twenty exclusive Ainsworth games can now be played in New Jersey on BetMGM, Borgata and Party online casinos.
ROAR Digital’s gaming platform powers both the BetMGM and Borgata gaming brands. The sites now host a series of popular Ainsworth titles including player-favorites such as Mustang Money, Rumble Rumble, Electric Nights, Eagle Bucks and Thunder Cash. Under the terms of the agreement, ROAR Digital has a period of exclusivity to launch Ainsworth’s titles across its network.
“We are thrilled to be live across ROAR Digital’s network in New Jersey,” said Ainsworth Online General Manager Jason Lim. “Ainsworth games have been extremely popular with New Jersey land-based players for several years and we’re excited for online players to have access to our proven and high-performing content.”
Kevin Allan CTO, ROAR Digital said “This was an incredible journey and we are proud that ROAR is providing the hosting solution from our New Jersey infrastructure to enable this great partnership with Ainsworth to come to life. This blueprint can be used for other providers, both in New Jersey and other legalized online gaming states with the US.”
Matthew Sunderland, Director of Gaming for ROAR Digital said, “We are delighted to be able to launch exclusive Ainsworth online slot titles in New Jersey. We’re looking forward to giving our players some of the best and most recognized games in the industry, they will be a welcome addition to our already strong portfolio of games and are sure to be a major attraction and point of difference for our network.”
About Ainsworth Game Technology
Ainsworth Game Technology Limited (ASX:AGI) (“Ainsworth”) is a Australian publicly listed company headquartered in Newington, Sydney, Australia. Ainsworth offices are located around the world including: US and Latin America. With a fully integrated operation including design, development, assembly, testing, sales and field service; Ainsworth encompasses the entire product development cycle from conception through to installation, service and support
For more information visit: www.agtslots.com
About ROAR Digital
ROAR Digital LLC is a US sports betting and online gaming joint venture, created by MGM Resorts International (NYSE:MGM) and GVC Holdings Plc (LSE: GVC). Based in New Jersey, the venture was established in July 2018 to create a world-class sports betting and online gaming platform in the United States, in order to take advantage of the new regulated sports betting market developing in the US. Utilizing GVC’s U.S.-licensed, state-of-the-art proprietary technology platform, ROAR Digital offers sports betting and online gaming via market leading brands including BetMGM and Partypoker. The venture has exclusive access to MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. For more information visitwww.roardigital.com.
Ainsworth Media Contact:
Director of Product Marketing & Strategy
AINSWORTH GAME TECHNOLOGY ANNOUNCES A MULTI-STATE CONTENT AGREEMENT WITH GOLDEN NUGGET ONLINE CASINO, PROVIDES AWARD-WINNING OPERATOR WITH EXCLUSIVE GAMES IN NEW JERSEY
Ainsworth’s proven game content is now available on GoldenNuggetCasino.com
Las Vegas, NV — Ainsworth Game Technology (ASX: AGI) (“Ainsworth”) today announced a long-term multichannel content agreement with Golden Nugget, a leading land-based and online gaming company in New Jersey.
As part of the agreement, Ainsworth will provide Golden Nugget online casino with a series of exclusive player-favorite slot titles.
“We are very excited to be partnering with Golden Nugget to provide world-class Ainsworth slot content to online and mobile casino players,” said Ainsworth Online General Manager Jason Lim. “We believe Golden Nugget players will be instantly familiar with our games and enjoy the experience of our top titles.”
Thomas Winter, GM and SVP Online Gaming at Golden Nugget added:
“Golden Nugget prides itself on its extensive selection of online games and now with the addition of exclusive slot games from Ainsworth, we further strengthen our portfolio with their land-based pedigree content. We are thrilled to partner with Ainsworth on a multi-state agreement as we prepare for our US market expansion.”
About Ainsworth Game Technology
Ainsworth Game Technology (ASX:AGI) (“Ainsworth”) is a Australian publicly listed company headquartered in Newington, Sydney, Australia. Ainsworth offices are located around the world including: US and Latin America. With a fully integrated operation including design, development, assembly, testing, sales and field service; Ainsworth encompasses the entire product development cycle from conception through to installation, service and support
For more information visit: www.agtslots.com
About Golden Nugget Atlantic City
The Golden Nugget Atlantic City, located on Frank S. Farley Marina is a premier resort destination, offering guests more than 740 rooms and suites. The entire property went through a $150 million complete renovation 5 years ago and has taken on a fresh, modern look to include a high-energy casino featuring the most popular slot and video poker machines, table games, and poker room; nightly entertainment, new bars and lounges, Haven Nightclub, stylish retail offerings, as well as Landry’s signature world-class restaurants such as Chart House and Vic & Anthony’s Steakhouse; a luxury spa and salon; and H20 poolside lounge. The Golden Nugget has already established strong brand recognition worldwide with locations in Las Vegas and Laughlin, NV, Biloxi, MS and Lake Charles, Louisiana.
Launched in November 2013, GoldenNuggetCasino.com offers the best user experience to New Jersey online and mobile real-money gaming players. Supported by the largest selection of games for both desktop and mobile players, a user-friendly interface and a world-class Customer Service, GoldenNuggetCasino.com was voted Operator of the Year in 2015, 2016 and 2017 at the iGaming North America Awards and Operator of the Year 2017, 2018 and 2019 at the EGR North America Awards.
Ainsworth Media Contact:
LAS VEGAS (March 9, 2020) – Ainsworth Game Technology (“AGT” “Ainsworth”) announced it has purchased the assets of MTD Gaming Inc. (“MTD”).
Ainsworth plans to display MTD products in its booth at the National Indian Gaming Association Tradeshow & Convention (NIGA) on March 25-27 at the San Diego Convention Center.
MTD develops and supplies premium performing and unique Poker, Keno and video reel content for use in Multi-Game and Video Lottery Terminal (VLT) markets. MTD products are currently installed within Montana, Louisiana and more recently South Dakota. These games are highly complementary to AGT’s existing game suite.
“We are excited to join the Ainsworth team and feel that the synergies of this acquisition will be of great value to both MTD and Ainsworth customers,” said MTD President Dan Tessmer.
Ainsworth plans to offer MTD products across multiple marketing, including Nevada, California, Arizona and New Mexico.
“We are delighted to welcome MTD to Ainsworth,” said Chief Executive Officer Lawrence Levy. “The acquisition marks another positive step in transitioning AGT to growth and improved profitability. MTD’s unique Poker and Keno games are a great fit with our existing Class II and Class III offerings in the US and follows the global launch of our new A-Star cabinet hardware in February 2020. We expect to drive incremental revenues by offering these proven and highly successful games to customers in our established markets where Ainsworth operates, including California and Nevada.”
Mike Trask (702) 954-3094
LAS VEGAS (March 3, 2020) – Ainsworth Game Technology (AX: AGI) will display its brand-new A-STAR Curve cabinet at the National Indian Gaming Association Tradeshow & Convention (NIGA) on March 25-27 at the San Diego Convention Center.
The new shape of Ainsworth will be front and center in NIGA Booth #1717. The A-STAR Curve features a 43-inch floating infinity monitor, dynamic LED lighting and a state-of-the-art LCD button deck.
The new cabinet – Ainsworth’s first to launch in North America since 2017 – incorporates supreme engineering and a sleek modern design into an exciting new product for Tribal Casino partners across the country. The all new A-STAR Curve offers an elegant design that will attract players on any casino floor.
“We are incredibly excited to showcase the A-STAR Curve for the first time in front of our valued Tribal partners,” said Deron Hunsberger, Ainsworth Chief Commercial Officer. “This highly anticipated release is the result of extensive R&D efforts and brings our cabinet offerings to the next level with its modern appearance and a full suite of new game titles.”
Several games will be shown on the A-STAR, including:
Vault of Riches
One of Ainsworth’s most bonus packed titles, Vault of Riches offers the potential for a Magnifying Glass bonus on every spin. Players can also enable Free Games and Pick ‘Em features on this action filled title.
Path to Wealth
Path to Wealth gives players the chance to traverse a game board on the path to Credit Awards, Free Games, and more. The persistent-state style of game offers three-levels of Standalone Progressive Jackpots.
Mega Choice Superstar
Five classic titles are available on this MultiGame offering. Players can choose from two top performing QuickSpin titles – Super Charged 7s and Super Crystal 7s – or among the popular Ainsworth High Denom games Thunder Cash, The Enforcer and Reel Hot Fruit 7s.
This innovative title gives payers a great high volatility gambling experience. In Lucky Empress, players collect coins to unlock huge multipliers in a “spin ‘til you win” format. Add in a beautiful Asian-themed display and it has the makings of a hit.
Fortune Tree Series: Ingot Tree and Climbing Fortune
This pair of expanding pot style games gives players the chance to chase a three-level Mystery Standalone Progressive Jackpot on every spin. Each title offers a unique Free Games feature and a gorgeous Asian-themed art package.
Sliding Stacks: Diesel Dollars and March of the Zombies
This new series from Ainsworth U.S. Development Studio offers a new spin on persistent state gaming. Players who receive a full stack of Wilds on any reel keep the wilds for up to four paid spins as it moves right to left for big wins.
Elsewhere in Ainsworth’s booth, the Company will highlight a pair of new High Denom QuickSpin games – Super Charged 7s Classic and Reel Hot 7s Classic. These three-reel video slots offer five or nine-line gameplay in denominations from 25 cents and up. The two titles – first shown at G2E 2020 – will be available on both the A-STAR Curve and A640 cabinets.
In total, Ainsworth will display nearly 50 cabinets encompassing products for its Class III and Class II product lines. Other games on display will include new A640 content such as two QuickSpin titles – Afterburner 7s and Magic Wheel 7s – and Class II exclusive titles like Ultimate Festival Firestorm and Ultimate Empire Firestorm.
The A-STAR™ game portfolio includes a wide variety of core and Standalone Progressive titles, as well as an exceptional line of new Link Progressives designed with the player in mind; demonstrating the company’s commitment to the market through our vast, specially developed product range and successful long-term content.
See more here.
Company also assigns several key roles in North American Sales and Marketing
LAS VEGAS (January 9, 2020) – Ainsworth Game Technology (AX: AGI) this week announced Deron Hunsberger has been named Chief Commercial Officer. Hunsberger had been Senior Vice President of Sales and Marketing – North America since late 2017.
“I take this opportunity to congratulate Deron and wish him every success moving forward,” said Ainsworth Chief Executive Officer Lawrence Levy. “He has done tremendous work for the Company. His strong leadership and deep understanding of the current gaming market make him a perfect fit for this new role.”
Hunsberger has more than 25 years’ experience in the global gaming industry, including having held senior leadership roles at Scientific Games, WMS Gaming, Shuffle Master and Konami.
“Ainsworth has a tremendous team in place and plenty of opportunity for growth,” Hunsberger said. “I am looking forward to facing new challenges as we aim to provide strong performance for our customers across multiple markets.”
Hunsberger will continue to be based in Ainsworth’s North American headquarters in Las Vegas and will be reporting into the Chief Executive Officer. In addition to Hunsberger’s promotion, Ainsworth announced several new key roles in the North American office:
- John Archuleta has been named Director of National Accounts. He has been part of the Ainsworth sales team since 2018. Archuleta has spent more than 20-years in leadership roles at successful gaming manufacturers, including Scientific Games, Bally Technologies and Konami.
- Kimberly Fields was promoted to Director of Sales – Business Administration. Fields has been with Ainsworth for nearly six years. She has served in business administration roles in gaming companies for nearly 20 years.
- Mike Trask will serve as Director of Product Marketing and Strategy. Trask has served as Director of Marketing at Ainsworth since 2016. Previously he held marketing management positions at Scientific Games and Bally Technologies.
** Photos available upon request**
To kick-off the partnership, Lopez will visit Ainsworth booth #1259 at the Global Gaming Expo at the Sands Expo Center in Las Vegas at 2 p.m. on Tuesday, October 15.
Lopez’s multi-faceted career encompasses television, film, standup comedy, and late-night television. Lopez is also the Co-Founder and Director of The George Lopez Foundation. The mission of the foundation is to create positive, permanent change for underprivileged children, adults and military families confronting challenges in education and health, as well as increasing community awareness about kidney disease and organ donation.
Additionally, Lopez has been actively involved in Tribal Gaming through work with the National Indian Gaming Association and owns Chingon Kitchen, a restaurant with locationS in San Manuel Rockin’ Casino in California and Vee Quiva Casino in Arizona.
What: In booth appearance by George Lopez to announce a partnership with Ainsworth to develop a George Lopez-themed video slot game.
When: Tuesday, October 15, 2019; 2 pm
Where: Global Gaming Expo; Sands Expo Convention Center, 201 Sands Ave, Las Vegas, NV 89169; Ainsworth, Booth #1259
QuickSpin’s high performing titles such as Super Charged 7s, Super Lantern 8s, Super Crystal 7s and the recently released MultiPlay Super Charged 7s will take center stage alongside at least six new wheel games designed for maximum player engagement and strong casino operator return-on-investment. Additionally, Ainsworth will display more than 125 gaming cabinets to meet the needs for customer partners in Class III, Class II, Tribal Lottery System and Historical Horse Racing markets.
“G2E is the perfect time for Ainsworth to showcase the growth of our product lines, especially in the QuickSpin family,” said Ainsworth President – North America Joe Bertolone. “We will truly show how through developing QuickSpin content we are evolving the wheel and evolving Ainsworth’s core product offerings.”
Visitors to Ainsworth booth #1259 will see several new QuickSpin titles that offer innovative uses of the giant wheel on the sleek A640 portrait screen cabinet. Turbo Charged 7s offers four unique Linked Progressive jackpots with QuickSpin game play. The multi-denom configurable titles give penny players chance to chase top awards starting at $2,500, with even bigger jackpots for larger denoms up to a huge $25,000 jackpot for 10-cent players.
Super Lit Vegas adds to the QuickSpin family by offering a persistent state style of game that enables players to collect wheel spins over seven spin cycles. On the seventh spin wilds and wheel symbols are revealed for big wins.
Yet another offering – Super Charged 7s Classic -- takes QuickSpin gameplay to the High Denomination market with a five-line or nine-line game. This new title maintains a high wheel spin frequency on 25-cent and $1 denominations.
Additionally, Ainsworth will show Super Sonic 7s, a version of Super Charged 7s built for the EVO® and A600 dual screen cabinets, alongside several other versions for QuickSpin created to expand the power Ainsworth’s top performing brand.
High Denomination in Ainsworth’s DNA
Ainsworth High Denomination content has been among the top earning games in North America for several years. The development of these math models continues strong with the upcoming release of several new titles built specifically for high denom players.
Ainsworth’s booth will show how Ainsworth’s top performing content is being leveraged across platforms, as titles like Mustang Money 2, Dollar Chief, Dollar Action and Grand Dragon can now be placed on single-screen cabinets, including the A640 and A560SL Noir.
Elsewhere in the booth’s high limit area, casino operators can check out two new Symbol Driven Linked Progressive games built specifically for high denom: Kanga Riches and Fortune Ox
Ainsworth Content Library Grows
It’s not just QuickSpin. Ainsworth’s content continues to flourish with dozens of new titles across single and dual screen cabinets. In fact, several of Ainsworth’s new offerings can be placed on both the A640 and EVO cabinets to ensure customers have access to a wide array of the Company‘s best titles.
New brands like Ultimate Upgrade, a persistent state game with five play mechanics and Electric Cash, a Hold and Spin game with a Linked Progressive jackpot, can be placed on multiple styles of Ainsworth cabinest.
The A640, Ainsworth top selling box, offers a 40-inch high-definition LCD game screen, touchscreen LCD button deck and 27-inch LCD topper. In addition to the wealth of QuickSpin content, new titles debuting on the A640 include Reel Force, a series of time-on-device style games with a Cascading Reels feature, and Galaga™, part of Ainsworth’s partnership with BANDAI NAMCO Entertainment Inc.
Central Determination Gaming Flourishing
The past two years has brought continued success to Ainsworth in Central Determination Gaming markets, including expanding in Class II jurisdictions across the U.S., growth in Washington State markets and the successful implementation of Historical Horse Racing games.
Both the A640 and EVO cabinets featured at G2E will showcase plenty of fresh new content, including market exclusive QuickSpin games. At the show, Ainsworth engineers and product managers will be available to discuss in depth the unique systems to run Central Determination Gaming.
Lawrence Levy was appointed Chief Executive Officer of Ainsworth Game Technology Limited on 1 July, 2019 subject to necessary regulatory approvals.
Prior to this appointment, Mr. Levy has held senior positions within the gaming industry over a successful career spanning 37 years. His industry experience comprises of all areas in casino operations, sales and management; living and working in 19 countries across Europe, North and East Africa, Latin America, ex-Russian states and now Australia. Most recently, he held the position of Vice President Global Sales for Novomatic AG Austria.
Commenting on his appointment, Ainsworth CEO, Mr. Lawrence Levy said “I am both delighted and motivated to be given the opportunity to guide Ainsworth, a world-renowned provider of gaming technology, into its next phase of development. The legacy that Len Ainsworth and Danny Gladstone built is a great platform for me to start from. I am confident that my years in this industry, both as operator and supplier, will serve to support the innovations and developments needed to further grow our market share worldwide.”
Further noting, Mr. Danny Gladstone, outgoing CEO, will remain on the board at AGT as a Non-Executive Director and will commence this new role from 1 July 2019. Ainsworth look forward to continuing to utilize Danny’s vast industry experience and strong customer relationships as a Non-Executive director. Danny will also assist with the orderly transition of the new CEO.
Ainsworth Chairman, Mr. Graeme Campbell, added: “We are pleased to welcome Lawrence to his new role as CEO. Under his leadership we look forward to Ainsworth strengthening its position as a major provider of innovative gaming technology to the global market.”
Mr. Campbell further noted: “On the behalf of Ainsworth, the Board and shareholders, we would like to acknowledge and thank Danny for his ongoing contributions to Ainsworth. Danny’s strategies to build our presence in the Americas, grow our recurring revenues, invest in innovation, and forge a strategic partnership with Novomatic have strengthened AGT and have built the foundations for future growth.”
As everyone knows, in early 2018, Novomatic AG and Len Ainsworth closed the transaction resulting in the transfer and ownership of Mr. Ainsworth’s shares, representing 52% of the publicly available shares, to Novomatic AG. As a result of the transaction, Novomatic AG became a majority shareholder of Ainsworth and also gained a seat on Ainsworth’s Board of Directors. Ainsworth Game Technology will continue to run its global business as a stand-alone, public company. The companies enjoy an arm’s length, synergistic relationship in compliance with Australian Stock Exchange stipulations and limitations with regard to any potential additional share ownership and investment in the future. Additionally, as parts of the transaction arrangement, there will be additional collaboration, including an ongoing effort by both companies to identify cost side savings as they relate to common suppliers, Novomatic AG acting as the European distributor for Ainsworth product and the companies’ share of content and operating synergies between Greentube and Ainsworth Online businesses, among others. This arrangement benefits both companies.
2. You’ve just announced your plans for retirement and are stepping down in mid-2019. What does the future hold for Ainsworth’s CEO position?
Yes, I have announced that I am stepping down as CEO. But I am not retiring and will be with Ainsworth in a yet to be defined role and I will continue to serve on the Board. I’ve been in the CEO chair for 11 years and have seen tremendous growth and change to the company. We’ve brought Ainsworth to the Americas region in a meaningful way, opened a state-of-the-art Americas operational headquarters, expanded our Latin American businesses and continued to mature our product offerings and company and now is the right time. In fact, while this tends to be rare in the gaming industry, Ainsworth is actually engaging in proper succession planning. This announcement reflects our commitment to visibility for our shareholders and our reporting requirements as a public company. It’s also important to note that our Americas leadership team remains intact and focused on continued growth in the region to match our commitment to deliver shareholder value as a global gaming company. Most importantly, during the search for our new CEO, there will be no impact on the day-to-day operations of the company. This is the primary reason for this measured approach as we maintain consistency and stability as we look to fill my position.
3. Recently, Ainsworth completed the single largest installation of its historical horse racing solution in a partnership with Churchill Downs. What is your vision for the future of the historical horse racing segment?
Our partnership with Churchill Downs was to develop and deliver historical horse racing terminals and system for its entry into the historical horse racing market in Kentucky. Our initial shipment of 900 terminals was delivered to Churchill Downs’ brand-new Derby City Gaming facility in Louisville. This was a seminal project for our company, as we created this product in close collaboration with Churchill Downs and gave us a great chance to flex our development muscle. The project clearly demonstrates Ainsworth’s unique capability of being large enough to deliver on a project like Derby City, but nimble enough to react to our partners’ bespoke product needs. This is also a huge opportunity to leverage opportunities in the emerging historical horse racing market as jurisdictions potentially pursue these types of implementations.
4. What new markets do you see providing additional growth for Ainsworth?
Historical horse racing can certainly be one of those areas. We also believe that our Class II offerings can continue to be significant contributor for the company in the future. In the past year, we have entered several new Class II markets for the first time and are excited about growing that recurring revenue footprint. Late last year, we also entered the Washington State ESTS market where we are focused with new products and staff. We’re pursuing many opportunities in the Canadian market, as well. And without a doubt, we are always on the lookout for possible acquisitions and niche markets where we can use our strong balance sheet and financial stability to increase the bottom line.
Churchill Downs Incorporated (NASDAQ:CHDN) ("CDI") opened the 85,000-square-foot facility last week. Every historical horse racing terminal at the facility has been developed and manufactured by Ainsworth.
The historical horse racing games can be played Ainsworth’s entire range of cabinets, including the A640, A600, A600 Slant Top, A560, A560SL Noir and Wide Boy. The titles and platforms have been specifically engineered for historical horse racing, certified by an independent testing lab and approved by the Kentucky Horse Racing Commission.
“Ainsworth has done a tremendous job at providing innovative pari-mutuel historical horse racing products that will be enjoyed by the guests at our new facility,” said CDI CEO Bill Carstanjen. “We believe these machines will generate significant revenue for Kentucky purses and go a long way to strengthen the Commonwealth’s racing circuit.”
Derby City Gaming is now open at 4520 Poplar Level Road—Churchill Downs' former Trackside.
In addition to the historical horse racing devices, the world-class property includes food venues, a bar with seating and televisions, a parking area and a player’s club reward center offering special perks and benefits.
“This is truly a historic moment for Ainsworth and we are extremely proud our relationship with CDI,” said Ainsworth CEO Danny Gladstone. “These historical horse racing machines showcase Ainsworth’s commitment to both innovation and customer service. We are looking forward to continuing to work with CDI on a daily basis to ensure strong product performance and a great return-on-investment.”
Photo: Download high res image here: https://we.tl/sSvPyrJJs8
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Ainsworth Game Technology Welcomes Industry Veteran Joseph Bertolone as New President – North America
Mr. Bertolone is based in Ainsworth North American headquarters in Las Vegas. He has assumed responsibility for the company’s North American operations, reporting to Ainsworth Chief Executive Officer Danny Gladstone.
Mr. Bertolone most recently served as President and CEO of DEQ Systems Corp., a TSX Venture Exchange listed corporation. Previously, he has also held several key senior executive positions for gaming suppliers, operators and regulatory organizations in the global gaming industry.
“I look forward to working closely with Ainsworth’s North American and Australian teams to build upon the strong foundation established across the U.S. and Canada,” said Mr. Bertolone. “Ainsworth has some tremendous positive momentum and I look forward to continuing to grow and prosper, while ensuring we provide top-notch products and service to our customer partners.”
Mr. Gladstone said: “We are delighted to have Joseph lead Ainsworth’s North American business. He has proven understanding of product led growth and a successful track record of delivering strong returns for shareholders. Joseph will continue to execute Ainsworth’s growth strategy in North America by leveraging our technology capabilities and distribution footprint to drive profitable growth and recurring earnings.”
LAS VEGAS (April 2, 2018) – Ainsworth Game Technology (“Ainsworth”) announced today that John Archuleta has been appointed Regional Director of Sales.
Archuleta has spent more than 20-years in leadership roles at successful gaming manufacturers, including Scientific Games, Bally Technologies and Konami. Most recently, he served as Director of Sales at SuzoHapp.
“We are excited to add John to our team of experienced sales professionals,” said Ainsworth Vice President of Sales and Marketing – North America Deron Hunsberger. “John brings a wealth of sales and leadership experience that I believe will enable Ainsworth to better serve our valuable customer partners.”
Archuleta will be based in Ainsworth’s North American headquarters in Las Vegas. He will be responsible for strategic sales plans, cultivating customer relationships, identifying new opportunities and managing the existing Ainsworth sales team.
“It’s an exciting time to join Ainsworth,” said Archuleta. “The Company has flourished in North America with some great products and talented people. I am excited to be part of the continued growth.”
Ainsworth Game Technology and Churchill Downs Incorporated Announce Long-Term Agreement for Ainsworth to Develop Historical Racing Machines for New Facility in Kentucky
LOUISVILLE, Ky. (February 12, 2018) Churchill Downs Incorporated (NASDAQ:CHDN) (“CDI”) and Ainsworth Game Technology (ASX:AGI) (“Ainsworth”) today announced a long-term agreement in which Ainsworth will develop historical racing machines for CDI.
CDI previously announced the investment of approximately $60 million in construction and technology costs to build an 85,000-square foot historical racing machine facility, Derby City Gaming, located in Louisville at 4520 Poplar Level Road, formerly known as Trackside.
Upon receipt of regulatory approval for the newly developed historical racing machines, the Derby City Gaming facility will feature historical racing games on Ainsworth’s entire range of cabinets, including: A640, A600, A600 Slant Top, A560, A560SL Noir and Wide Boy. The titles and platforms have been specifically engineered for historical racing, and will be verified by an independent testing lab and approved by the Kentucky Racing Commission prior to becoming operational.
“Ainsworth has done tremendous work to deliver a modern and exciting pari-mutuel product,” Churchill Downs Racetrack President Kevin Flanery said. “We are eager to install the Ainsworth historical racing machines in our Derby City Gaming facility because we know they will generate significant revenue for Kentucky purses and go a long way to strengthen the Commonwealth’s racing circuit.”
Derby City Gaming is expected to open in the Fall of 2018. In addition to the more than 600 historical racing machines, the facility will include quick service food venues, a feature bar, a player’s club reward center and parking area for VIP guests.
“Ainsworth’s relationship with CDI is reflective of an exciting time in our company,” said Ainsworth CEO Danny Gladstone. “Working on this project with Churchill Downs, a leader in the racing and entertainment business, created an opportunity for us to develop an innovative pari-mutuel product and provide customers with a first class wagering experience.”
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.”
Ainsworth Game Technology Names Deron Hunsberger Senior Vice President of Sales and Marketing – North America
Mr. Hunsberger has more than 25 years’ experience in the global gaming industry, including having held senior leadership roles at WMS Gaming, Shuffle Master and Aristocrat. Most recently he served as Senior Vice President of Sales – Americas for Scientific Games.
“We are very excited to have Deron joining the Ainsworth team,” said Ainsworth President – North America Mike Dreitzer. “He brings a strategic mindset, great relationships and a history of strong leadership to the Company. As we enter 2018, we have a great deal of momentum across North American and Deron’s energy and professionalism position us to capitalize on that momentum.”
Mr. Hunsberger will be based in Ainsworth’s North American headquarters in Las Vegas. He will be responsible for leading all aspects of the Company’s sales, marketing and service efforts.
“It’s an honor to join Ainsworth,” said Mr. Hunsberger. “There is a passionate team in place and a great deal of exciting products on the horizon. We have a great opportunity for tremendous success in the coming years.”
Director of Marketing
The PPGs will be available for each individual cabinet, enabling customer partners to have complete access to Ainsworth’s library of games. The one-time fee of $3,500 covers all software conversions for four years, encompassing both previously released and future games.
Additionally, operators can opt for a monthly subscription-based model for PPGs for only $69.95 per month with a 12-month minimum.
Both options give casino operators total access to update A600 and A640 cabinets with the top-performing Ainsworth games on an ongoing basis.
“It the past 18 months, Ainsworth has created two US-based development studios to compliment the amazing work being done out of Ainsworth main development center in Australia,” said Ainsworth Senior Vice President of Sales and Marketing – North America Kelcey Allison. “We want to ensure our partners have complete access to all of the new, exciting and high-performing games being created by Ainsworth around the world. This new model enables us to ensure casino operators can get the best we have to offer at all times.”
First North American WAP in Company History Now Live
LAS VEGAS (September 20, 2017) – Ainsworth Game Technology today announced it has installed a custom Wide Area Progressive (WAP) jackpot at Seminole Gaming properties throughout South Florida. It marks the first WAP in Ainsworth’s North American history.
The Dream Hit WAP – which starts at $350,000 and must hit by $500,000 -- will be available on 60 Ainsworth games across three Seminole Gaming casinos and two Hard Rock casinos. Dream Hit will be available to players at the Seminole Hard Rock Hotel & Casino Hollywood, Seminole Hard Rock Hotel & Casino Tampa, Seminole Casino Hotel Immokalee, Seminole Casino Coconut Creek, and Seminole Casino Hollywood.
Seminole Gaming Vice President of Gaming Operations Juan Martinez said: “We’ve had many great successes with Ainsworth’s traditional local progressive set-ups allowing us to create and manage some unique and custom configurations. We are excited about carrying that technology forward for our in-house multisite (WAP).”
The Dream Hit WAP is made possible by Ainsworth’s new A-Link Controller. The new controller enables Ainsworth to create symbol-driven and mystery wide area progressives to fit any size gaming operation. Additionally, Ainsworth provides custom graphics for each installation.
“I’d like to thank the leadership of Seminole Gaming for the continued successful partnership between our organizations,” said Ainsworth President – North America Mike Dreitzer. “We are excited to – for the first time – be offering players life-changing jackpots of up to $500,000. The A-Link controller, when combined with our customized WAP offering, enables Ainsworth to continue to grow our base in North America.”
LAS VEGAS (July 10, 2017) – Ainsworth Game Technology today announced that Tulalip Resorts Casino has agreed to serve as its sponsor for required central determination gaming system testing with the State of Washington.
Testing will take place on Ainsworth A600 cabinets featuring three of the Company’s most successful games -- Twice the Diamonds; Mustang Fortune; and Cash Cave. In addition to the A600, Ainsworth plans to offer the A560SL Noir cabinet to Washington casino operators.
“I’d like to thank to leadership of Tulalip Resorts Casino for offering us the opportunity to test our new central determination product,” said Ainsworth President – North America Mike Dreitzer. “We are excited to begin this process and to soon offer our unique and industry-leading titles to casino operators in Washington State.”
LAS VEGAS—The Las Vegas debut of the new PAC-MAN™ WILD EDITION video slot will take place at eight Boyd Gaming properties across Southern Nevada, including The Orleans, Gold Coast, Cannery and more. The machines will be rolled out to properties and available to play by June 1.
The iconic PAC-MAN character is one of the most recognizable figures in video game history and was the basis for the most successful arcade game of all time. Now, PAC-MAN will arrive on casino floors this month as the star of PAC-MAN WILD EDITION, a new game from Ainsworth Game Technologies.
Boyd Gaming properties will be the first in southern Nevada to offer the game, including The Orleans Hotel and Casino, Gold Coast Hotel and Casino, Suncoast Hotel and Casino, Sam’s Town Hotel and Casino in Las Vegas; the Cannery Casino Hotel in North Las Vegas; and Fremont Hotel and Casino, California Hotel and Casino, and Main Street Station Casino Hotel Brewery in Downtown Las Vegas.
“Our customers expect the latest, hottest slot titles at our properties, and we’re excited to be able to offer Las Vegas locals and visitors alike the first opportunity to play PAC-MAN WILD EDITION,” said Matt Ryan, Senior Vice President and Chief Marketing Officer of Boyd Gaming.
The title provides all the recognizable PAC-MAN sounds and imagery loved by people around the globe. PAC-MAN WILD EDITION is the first offering as part of a strategic partnership between Ainsworth and BANDAI NAMCO Entertainment Inc.
“This is the biggest brand we have ever offered at Ainsworth,” said Ainsworth President – North America Mike Dreitzer. “The game looks amazing and it’s packed with bonuses that will attract both slot fanatics and PAC-MAN fans. We are thrilled to introduce the product at Boyd Gaming’s amazing properties.”
PAC-MAN WILD EDITION offers players all the excitement of the classic arcade game. The game features a thrilling Free Games feature, a Wheel Spin feature and a progressive jackpot. PAC-MAN appears throughout the game, offering players wilds and other fun ways to win.
For more information on Boyd Gaming properties, please visit www.BoydGaming.com.