Caesars Casino Pa Ainsworth has stepped down as the executive director of Ainsworth Game Technology following its acquisition by Novomatic. (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. blackjack online free 1 million shares to Novomatic for approximately AUD 473. 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. Paragon R Casino Mibions Uofk “Novomatic is now one of the few internationally active companies to have passed strict compliance checks from these international authorities. online casino dealer job description ”The company made particular note of its regulatory approval from the Nevada Gaming Control Board. clearwater casino event center seating chart Those approvals made Novomatic the first Austrian company ever to gain regulatory approval in Las Vegas. wild horse pab casino sheraton hotel lucky creek casino bonus codes 2021 downstream casino learning center With the sale now completed, Len Ainsworth has resigned as the executive director of AGT.

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However, the company founder has agreed to stay on to help the company as a consultant for an additional year. He will also retain ownership of 1. 87 percenisland resort and casino packagest of the company. casino extreme bonus ohne einzahlung 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. “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. gta 5 casino slot machine glitch casino near me henderson nv

”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. AGT just opened a new Las Vegas headquarters in 2016. “We are attracted to Ainsworth Game because of its superior gaming technology, clear industry expertise and impressive international footprint, especially in the U. River Spirit Casino Concert Tickets Kaob S. golden palace casino boulogne sur mer 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.

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. boulder station casino in las vegas Novomatic is already a company with plenty of international presence. best online slots real money pa Downstream Casino Concert Tonight High The company employs 25,000 workers, and has installedisland resort and casino packages 260,000 machines at 2,100 venues in 45 different countries. peppermill casino ownership The firm also provides sports betting systems and lottery terminals. Located in a relatively rural area just six miles from the Nepal-India border, Tiger Palace Resort is going after the millions of Indians in the nearby surrounding region who love to wager. Gambling remains predominantly outlawed in India, despite recent discussions regarding a possible easing of laws. thunder valley casino wiki

Nepal’s Tiger Palace Resort is taking a page out of Las Vegas’ nongaming success stories, and offering lavish wedding ceremonies at its venue. (Image: Tiger Palace)Benefitting from that problem now is Nepal’s newly opened five-star Tiger Palace Resort in Bhairahawa. Tachi Palace Casino Fresno Ca Oloa Though the property won’t hold its official grand opening celebration until March, the resort started welcoming guests in September. seneca niagara casino buffalo new york The majority of India’s legal casinos are in Goa, which is more than 1,200 miles away from Tiger Palace. Gambling venues can also be found on the western coast in Mumbai and Daman, as well as Sikkim in the northeastern corner free slots jackpot party