Roulette Casino Jouet 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. best online blackjack usa 1 million shares to Novomatic for approximately AUD 473. aliante casino bar 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. Hard Rock Hotel Casino South Lake Tahoe Wsrh Switzerland “Novomatic is now one of the few internationally active companies to have passed strict compliance checks from these international authorities. ”The company made particular note of its regulatory approval from the Nevada Gaming Control Board. little river casino shuttle Mgm Casino Age Limit Mmre 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.

Key Insights and Expert Analysis

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 percengolden grin casino spike drinkt of the company. blackjack in casino rules Novomatic Hoping to Improve American PresenceAccording to AGT Chairman Graeme Campbell, the acquisition by Novomatic is a “historic and important day” for the company. Doubledown Casino Troubleshooting Dprb “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. 7 free slot machine games

”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. hollywood casino columbus ohio 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. S. market,” Graf said. how to deal poker in a casino twin river casino covid 19 testing 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. blackjack online terpercaya Novomatic is already a company with plenty of international presence. The company employs 25,000 workers, and has installedgolden grin casino spike drink 260,000 machines at 2,100 venues in 45 different countries. The firm also provides sports betting systems and lottery terminals. cashman casino coins riverwind casino blackjack 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. casino blackjack number of decks Gambling remains predominantly outlawed in India, despite recent discussions regarding a possible easing of laws. is riverwind casino 18 to enter

Nepal’s Tiger Palace Resort is taking a page out of Las Vegas’ nongaming success stories, and offering lavish wedding ceremonies at its venue. harrah s casino tunica (Image: Tiger Palace)Benefitting from that problem now is Nepal’s newly opened five-star Tiger Palace Resort in Bhairahawa. Coolcat Casino Reviews Xxga Though the property won’t hold its official grand opening celebration until March, the resort started welcoming guests in September. 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 jamul casino promotion slotocash casino free 300 no deposit