Brian Christopher Slots Wife 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. free online governor of poker 3 The relatively complex deal was first announced nearly two years ago, when Len Ainsworth, founder of Ainsworth Game Technology (AGT), agreed to sell 172. mgm casino wiki app rsweeps riversweeps online casino 1 million shares to Novomatic for approximately AUD 473. casino foxwoods 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. ”The company made particular note of its regulatory approval from the Nevada Gaming Control Board. fantasy springs casino slots Those approvals made Novomatic the first Austrian company ever to gain regulatory approval in Las Vegas. boomtown online casino With the sale now completed, Len Ainsworth has resigned as the executive director of AGT. Phone Number For Double Down Casino Tshx
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. Big Fish Casino Ios Rhbd 87 percengolden grin casino spike drinkt of the company. mohegan sun casino online ct 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. the number to winstar casino “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. black bear casino covid vaccine cool cat casino affiliates
”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. resorts casino free play 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. 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. twin river casino yelp Novomatic is already a company with plenty of international presence. seminole casino florida The company employs 25,000 workers, and has installedgolden grin casino spike drink 260,000 machines at 2,100 venues in 45 different countries. Online Slots For Real Money Usa Rafj The firm also provides sports betting systems and lottery terminals. is chinook winds open today o casino da rasa restaurante 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. online casino in south africa with no deposit bonus Online Casino Real Money Bitcoin Edpl 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


