Company able to manufacture, sell and/or distribute in the state
Ainsworth’s Mississippi License applications approved
2014-01-21
Reading time 36 seg
(US).- Ainsworth has announced the approval of its Manufacturer and Distributor License by the Mississippi Gaming Commission at a meeting held on 16 January 2014 in Mississippi. This enables the Company to manufacture, sell and/or distribute any gaming device or associated equipment for use and play in the state of Mississippi.
The Mississippi market has approximately 36,000 devices spread over 33 locations. This market has a number of corporate customers with whom the Company has existing and established relations.
In relation to financial performance for the 6 months ended 31 December 2013, based on unaudited management accounts, the Company expects to report profit before tax of approximately us$45 million, an increase of 50% on the pervious corresponding period. These results are subject to finalisation of period end procedures (including finalising the income tax expense) and statutory audit review.
The Company expects to release its financial results on Tuesday 25 February 2014.
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