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NOVOMATIC set to acquire majority stake in Ainsworth Game Technology

24th February 2016 7:57 am GMT

NOVOMATIC has moved to strengthen its position in the Australian and US gaming markets by acquiring a majority stake in Australian gaming supplier Ainsworth Game Technology (AGT).

The Austrian gaming giant has signed a purchase agreement with AGT founder and majority owner Len Ainsworth to acquire approximately 53 per cent of the company’s share capital.

AGT is a publicly listed company headquartered in Sydney, with offices in North and South America. The company posted revenue of AUD$240.6m for [...]

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