Australia’s Ainsworth Game Technology (AGT) has reported a 6 per cent decline in revenue to AUD$265.6m for its financial year ended June 30th, despite seeing an improvement from its core Americas business.

Revenue from the Americas grew by 3 per cent to $184.4m, offsetting declines in Australia and the Rest of World, which were down 14 per cent and 37 per cent respectively to $63.6m and $17.5m.

Combined with a 3 per cent increase in operating expenses, profit after tax for the year fell by 16 per cent to $31.9m, while on a pre-currency basis, profit before tax amounted to $39.2m, exceeding the company’s original $36.0m guidance and slightly ahead of its recently upgraded guidance of $39.0m.

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