Daniel Eric Gladstone, also known as Danny has been the Chief Executive Officer of Ainsworth Game Technology Ltd. since February 5, 2007 and has been its Executive Director since February 25, 2010. Mr. Gladstone has held senior positions within the gaming industry over a successful career spaning 36 years. He inducted into the Club Managers Association Australia Hall of Fame in 2000.
Ainsworth Game Technology says it expects to make up for a difficult first half of the financial year, with product approval delays, temporary margin impacts, change in sales mix and lower unit sales in Asia impacting on results. The company said it expects its pre-tax profit for the first half of FY18 to be down […]
International Game Technology (IGT), has signed a patent cross-licensing agreement with Ainsworth Game Technology. The agreement will give Ainsworth access to to an industry-wide game feature patent portfolio, which Ainsworth says will enhance their market offerings. “As we position Ainsworth for future growth, we are pleased to have reached this cross-licensing agreement with IGT,” said […]
Organizers of the Australasian Gaming Expo has announced today a program of complimentary seminars that will be run over the course of the first two days of AGE 2017. Covering topics as diverse as the future of Casinos in Asia, (where at least 15 new integrated resort casino developments are likely to open in the […]
Ainsworth Game Technology Ltd. posted net profit of A$15.2 million (US$11.6 million) for the six months ended Dec. 31, 2016, in line with its guidance released last October. The results were down near 40 percent year-on-year compared to A$26.3 million in FY16H1, which the company said was expected. “Although these results are in line with […]
Ainsworth Game Technology will showcase several innovative new cabinets at the ICE this year. These products continue the momentum from a series of recent corporate events, including the new cabinet debut; executive appointment; opening of the brand new 291,000-square-foot North American headquarters in Las Vegas; new facilities for the Latin America division; NOVOMATIC integration; successful […]
Ainsworth Game Technology has warned investors that it expects to record a 57.1 percent fall in pre-tax profit in the first half of FY17 to around A$15 million (US$11.1 million) due to “challenging industry conditions” in its domestic market. The forecasted profit is down from A$35 million recorded in the first half of FY16. According […]
Ainsworth Game Technology announced the resignation of Scott Clarebrough, group general manager of strategy and development. “During his time at Ainsworth, Scott has provided impressive leadership, guidance and training to a now well established team of game designers and product development engineers,” said CEO Danny Gladstone. “On behalf of the Board we thank Scott for […]
Ainsworth Game Technology says it has agreed to buy Nova Technologies, an NIGC certified Class 2 game supplier in the U.S. with 1,300 units in participation. The Australian-listed company said it will pay $38 million ($27 million) in cash for Nova, which represents a multiple of 8.1-8.5 of trailing 12-month EBITDA. “Not only is this […]
Australian gaming supplier Ainsworth Technology saw its profit after tax more than half during the first half of the 2018 fiscal year, due in part to a fall in domestic revenue, as well as a one-off tax adjustment realized in the prior year. Net profit after tax reached A$9.7 million, down 53 percent year-on-year from […]
Gaming manufacturer Ainsworth Game Technology Ltd profit after tax fell 15.8 percent in the 2018 financial year, due to a decline in Australia, Asia and Europe sales. Profit after tax for the year was recorded at A$31.9 million (US$23.3 million), down from A$37.8 million in FY17. Ainsworth noted however that it saw much improved second-half […]
Ainsworth Game Technology said Danny Gladstone has chosen to give up his role as CEO, but will remain with the company in another capacity.