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Ainsworth suspends interim dividend as H1 profit slumps

22nd February 2017 7:00 am GMT

Australian gaming supplier Ainsworth Game Technology has posted a 38 per cent drop in net profit for the first half of its financial year ended December 31st, as revenue was hit by competitive pressures in its home Australian market and regulatory delays in North America.

Ainsworth CEO Danny Gladstone said that while the results were in line with the company’s announcement last October, the reduction in profit was “disappointing”.

“Our results were impacted by competitive domestic markets [...]

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