Novomatic welcomes Ainsworth shareholder approval of proposed share transaction
This relationship is expected to accelerate AGT’s development and support the creation of a stronger company with deeper product breadth enabling it to better compete against international gaming conglomerates.
Novomatic’s Chief Executive Officer Harald Neumann said that through Novomatic’s majority shareholding, AGT will benefit from collaboration across a range of markets that will be substantially positive for long term shareholder wealth creation.
Neumann emphasized: “We value the trust and support by the minority shareholders through the positive vote of approving the share transaction and will make every effort to meet their expectations. We will commence implementing the binding commitments as outlined in the Notice of Meeting to crystallize the expected benefits of the relationship.”
He further stated that completion of the share sale is subject to a range of regulatory and gaming license approvals.
AGT Chief Executive Officer Danny Gladstone said: “We are delighted to have received shareholder support and look forward to working with Novomatic on the completion of this transaction and delivering on the expected benefits for our shareholders.”
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
FanDuel CEO Amy Howe exits as Flutter faces industry shift and lowered forecast
PrizePicks expands motorsports presence through Arrow McLaren IndyCar agreement
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Riddec Games enters Nirmata Play distribution network through Stargate partnership
Flows secures Pennsylvania Gaming Control Board authorisation
Sportsbook integration: Deploying betting widgets at scale
Aristocrat Gaming showcases new Asia-focused portfolio at G2E Asia
