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US growth fails to offset Ainsworth full year revenue decline

28th August 2019 9:16 am GMT

Sydney-listed gaming supplier Ainsworth Game Technology (AGT) has posted a 12 per cent decline in revenue to AUD$234.3m for its fiscal year ended 30 June, despite strong growth from its US-facing business.

International revenue contributed 85 per cent of the annual total, up from 76 per cent in the prior year period, with revenue from the company’s home Australian market decreasing by 43 per cent to $36.1m.

The decline in Australia was mainly driven by lower sales [...]

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