Casino 99 In Chico 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. Morongo Casino Games Ilbp 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. 3 million (1 million). Deal Required Several International ApprovalsHowever, that deal was subject to regulatory scrutiny in a variety of jurisdictions. harrah s casino laughlin That included various regulatory boards in Australia, the United States, and South America. brian christopher slots youtube 2020 “The approval involved intense scrutiny from multiple gaming boards,” Novomatic said in a press release last month. Ruby Slots Software Fctj Austria “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. Those approvals made Novomatic the first Austrian company ever to gain regulatory approval in Las Vegas. draftkings rocket casino game With the sale now completed, Len Ainsworth has resigned as the executive director of AGT. borgata casino shops However, the company founder has agreed to stay on to help the company as a consultant for an additional year. admiral casino.com He will also retain ownership of 1. thunder valley casino oklahoma free online poker iphone 87 percenjackson rancheria casino bus schedulet of the company. 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. blackjack online test “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. Is Kansas Star Casino Open Wzck

Key Insights and Expert Analysis

”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. mgm grand casino app 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. eldorado casino reno buffet market,” Graf said. bovada casino online The potential to improve their standing in the United States appeared to be a major reason for Novomatic’s interest in AGT. online gambling human trafficking 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. phone number for angel of the winds casino The company employs 25,000 workers, and has installedjackson rancheria casino bus schedule 260,000 machines at 2,100 venues in 45 different countries. casino extreme affiliate program Seminole Casino Wild Card Pwgr

The firm also provides sports betting systems and lottery terminals. lucky tiger casino free spins 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. 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. Though the property won’t hold its official grand opening celebration until March, the resort started welcoming guests in September. paragon casino logo 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