ICE PREVIEW
June 27 2016, shareholder approval was granted for Len to sell 172 million shares to Novomatic AG. “On behalf of my fellow directors, management and staff we are delighted to welcome Novomatic to Ainsworth as a prospective majority shareholder. Other regulatory approvals and the licensing process are proceeding well to enable the completion of this transaction.” noted Gladstone Novomatic is a highly regarded and successful
international gaming company with an extensive library of games and technologies. There are undoubtedly significant synergies that can be developed through this relationship. Ainsworth has already made progress in exploring their game library and cooperating in the key North American market. “We look forward to making further progress on these fronts in FY17 and delivering these synergies to the benefit of all shareholders. With Novomatic we are in a stronger position to compete effectively across all markets.” added Gladstone
New Facilities for North America and Latin-America
Local, state and federal American officials joined
Ainsworth executives including Executive Director Len Ainsworth, CEO Danny Gladstone, President- North America Mike Dreitzer and President-Latin America Miguel Cuadros for a ribbon-cutting ceremony of the grand opening of Ainsworth’s 290,000-square-foot North American headquarters in Las Vegas on 30th September, 2016. Located along the 215 Beltway near South Jones
Boulevard in the valley’s emerging gaming- technology corridor, the $40 million 291,000- square-foot facility — includes office, warehouse and manufacturing space. It dwarfs the company’s former 45,000-square-foot facility near Decatur Boulevard and Badura Avenue. Ainsworth’s Executive Director, Len Ainsworth mentioned “We’ve been growing over the past few years in North America and there was a need for space for faster manufacturing and a need to house additional game developers, tech folk, engineers and other very highly skilled workers. We have a great future in this industry and the building is symbolic of that growth.” Australia-based Ainsworth is the fifth-largest gaming manufacturer in the United States and derives almost 40 percent of its revenues from its North American business, which was up 34 percent on a revenue basis year on year in fiscal 2016.
Nova Acquisition
In the eight months since Ainsworth completed the acquisition of Nova Technologies, the company has seen rapid growth in Class II markets. “We have completed the acquisition and the
integration of nova, so Class II presents a tremendous opportunity. We’re growing so Class II route in leaps and bounds and on that side of the business we have four cabinets - the A560, A560 Wideboy, Atlas 100 and A560 SL upwards of 30 titles on the nova side
and another 15 and growing on the Ainsworth side.” Noted Gladstone
Strategic Partnership Looking to build on that the company recently
secured a partnership with video games developer Bandai Namco to use its well-known characters and brands in Ainsworth slots, bringing together casino- style machine gaming with the worlds of arcade, console, mobile and video game technology. “This convergence of casino and video game
developers will help us create innovative branded content and gaming entertainment for a new generation,” said Ainsworth’s General manager of online and social casinos, Jason Lim. Now to add to Ainsworth’s incredibly successful foundation, Ainsworth are expanding their portfolio utilizing Ainsworth’s new US game design studio alongside third-party designers like Lightning Box games in Australia.
Online Growth Online and mobile gaming is an integral part of
Ainsworth’s expansion in the global gaming industry. Ainsworth has made further progress with the launch of its second social casino, King Spin Slots. This is available now in the Google Play store and Apple’s iTunes alongside Players Paradise Slots app. Releases of our latest land based
casino titles are also live in Europe and the UK through our real money gaming platform partners: NYX Gaming Group, iSoftbet and Microgaming. Ainsworth is aiming to be the first
slots provider to release games in land based casino’s, real money gaming and social casinos simultaneously by the end of 2017. Jason Lim, General Manager of Online said, “We are seeing significant and rapid growth in the online gaming sector, particularly across the social casino space on mobile. Ainsworth is looking to capitalize on this with new innovative slot content that is focused on player engagement and a rewarding experience.”
New Horizons
Throughout FY17 Ainsworth will be focused on continuing to build a stronger, more diversified and profitable global gaming and technology Group. “All across the world for Ainsworth, you’re going to see tremendous steps forward with game content and the game library, and that’s going to be really displayed at ICE.” “We feel we have the momentum,” said Gladstone, “and this show is a great place for us to showcase and continue that.”
JANUARY 2017 81
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110
