Ainsworth is one of Australia’s oldest and most well-known poker machine manufacturers. The company has been around for decades, and has mainly focused its operations on Australasia – until now. In recent years, Ainsworth has been expanding into the American gambling market, and the company has recently increased its presence with the acquisition of US-based Nova Technologies.
According to SBC News, Nova Technologies has been purchased by Ainsworth for a $53 million. The acquisition will be completed during the first quarter of 2016, and it will help to boost Ainsworth’s presence in the American gaming market. Currently, the company operates 1300 pokies across the country. After the acquisition, over 2600 pokies in America will be operated by Ainsworth.
“The transaction allows us to enter Class II gaming in an immediate and significant manner. This deal represents a complementary extension of available product to the direct benefit of Ainsworth’s current customer base across the Americas,” says Danny Gladstone, CEO 0f Ainsworth. “This acquisition is earnings accretive from day one. For these reasons, it makes both great strategic and financial sense for Ainsworth.”
This news comes just one year after Ainsworth broke ground on its new Headquarters in Las Vegas. The company is certainly increasing its presence in the American gaming industry, and the local headquarters location will allow Ainsworth to be close to the action. Construction of the property will be completed by mid-2016 – just in time for Ainsworth’s acquisition deal with Nova Technologies to be finalised.
Ainsworth continues to develop fun and innovative poker machines for land-based casinos, as well as online gambling sites. As the company continues to expand, we can look forward to even more great games from this company in both the digital and land-based markets.
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