Expanding Online Gambling Market Benefits Ainsworth Game Technology

Published Tuesday, August 25, 2015 - Online-Casinos.com
Expanding Online Gambling Market Benefits Ainsworth Game Technology

The companies that have been in the gambling business for years providing the mechanical means to play slots at land based casinos are moving into the online gambling world and finding success. One such firm that has been growing and making serious inroads into the online gambling industry is Ainsworth Game Technology Limited headquartered in Newington, Sydney, Australia. with offices located in the USA, Europe, New Zealand, Macau and South America.

Last year the firm announced that it had entered into an online content licensing agreement with Playtech Limited the international designer, developer and licensor of software and services for the online, mobile, TV and land-based gaming industry.

The CEO of AGT, Danny Gladstone commented at the time, “Playtech is a renowned industry leader online and we very excited in partnering with them to expand our market leading land based slot content to new consumer audiences in the online industry.”

A recent post by the company has indicated its expansion plans into the world of online betting are proving profitable. AGT says its success in the Americas and Asia is the key reason for a year-on-year jump in profit up until June 30, 2015.

AGT revealed the profit before tax totalled Aus$94.3 million (€61.8 million/US$68.8 million), which represents an increase of 15% over last year. is Ainsworth Game Technology released a statement saying,

 “Further expansion and market share gains within the Americas and Asia were achieved during the current period following the previous development initiatives introduced within these geographical markets.” Adding,  “The key growth market of the Americas increased revenue by 47% in the period through the continued product performance of the A560SLTM in North America and by the strong foundation of its Las Vegas operations.

“The group continues to invest in new product development to assist in further capturing market share and providing revenue growth in both new and established markets.”

 

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