Hard Rock Casino Jobs Cincinnati Ainsworth has stepped down as the executive director of Ainsworth Game Technology following its acquisition by Novomatic. Drake Casino Watch Qpth (Image: Dominic Lorrimer)The takeover comes following a Friday announcement by the two firms that they had received all of the necessary regulatory approvals to complete the acquisition. The relatively complex deal was first announced nearly two years ago, when Len Ainsworth, founder of Ainsworth Game Technology (AGT), agreed to sell 172. 1 million shares to Novomatic for approximately AUD 473. ceo of firekeepers casino 3 million (1 million). Deal Required Several International ApprovalsHowever, that deal was subject to regulatory scrutiny in a variety of jurisdictions. That included various regulatory boards in Australia, the United States, and South America.

“The approval involved intense scrutiny from multiple gaming boards,” Novomatic said in a press release last month. “Novomatic is now one of the few internationally active companies to have passed strict compliance checks from these international authorities. harrah s cherokee casino open ”The company made particular note of its regulatory approval from the Nevada Gaming Control Board. Those approvals made Novomatic the first Austrian company ever to gain regulatory approval in Las Vegas. With the sale now completed, Len Ainsworth has resigned as the executive director of AGT. harrah s casino las vegas scarlet pearl casino spa However, the company founder has agreed to stay on to help the company as a consultant for an additional year. casino l auberge He will also retain ownership of 1. queensryche sycuan casino

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87 percenjackson rancheria casino bus schedulet of the company. harrah s casino joliet hotel Novomatic Hoping to Improve American PresenceAccording to AGT Chairman Graeme Campbell, the acquisition by Novomatic is a “historic and important day” for the company. “We have a new, international, industry leading majority partner in Novomatic,” Campbell said in a statement. online casino new jersey “As shareholders recognised in voting in favour of the transaction, this partnership strengthens Ainsworth Game, providing us with the resources and support to leverage our highly regarded gaming technology and expertise to more effectively compete in the world’s gaming markets. 2020 Foxwoods Resort Casino 301 Djfl ”Meanwhile, Novomatic Chief Technology Officer Thomas Graf said that his company hoped AGT could help them make gains in international markets – particularly in the United States. seneca niagara casino in buffalo n.y My Pathway Seneca Niagara Casino Rgus AGT just opened a new Las Vegas headquarters in 2016. Cashman Slots Casino Hbjf “We are attracted to Ainsworth Game because of its superior gaming technology, clear industry expertise and impressive international footprint, especially in the U.

S. sycuan casino events market,” Graf said. The potential to improve their standing in the United States appeared to be a major reason for Novomatic’s interest in AGT. 2 casino road tenterfield In a press release issued last month, the acquisition was described as being “strategically very important,” and the company said it hoped to increase its US market share to about 10 percent over the next five years. Novomatic is already a company with plenty of international presence. clearwater casino concerts 2021 bcslots online The company employs 25,000 workers, and has installedjackson rancheria casino bus schedule 260,000 machines at 2,100 venues in 45 different countries. twin river casino employment The firm also provides sports betting systems and lottery terminals.

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