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COVID-19 Impacts | Casino Gaming Equipment Market to Register $ 10 53 Billion Growth during 2021-2025

COVID-19 Impacts | Casino Gaming Equipment Market to Register $ 10 53 Billion Growth during 2021-2025
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GGRAsia – Novomatic revamps global ops, names new VP to run them

Novomatic controls Australia-listed gaming supplier Ainsworth Game Technology Ltd, a supplier active in Asia-Pacific markets. According to Tuesday’s release, Mr Komnacky will, as vice president of global operations, be responsible for improving Novomatic group’s coverage of national markets by streamlining the relationship between local representatives and head office, and by “promoting a structured exchange of information in order to take advantage of potential synergies”. The announcement stated that all of the group’s departments and divisions involved in running “approximately 1,900 gaming facilities worldwide,” as well as renting gaming equipment, will from now on be under Novomatic’s global operations segment.

Thomas komnackyRyszard preschAinsworth game technology ltdLatest newsஐன்ஸஒர்த் விளையாட்டு தொழில்நுட்பம் லிமிடெட்சமீபத்தியது செய்தி

GGRAsia – Slot maker Ainsworth expects modest profit in fiscal 2H

GGRAsia – Slot maker Ainsworth expects modest profit in fiscal 2H
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United statesAinsworth game technology ltdAustralian securities exchangeIndustry talkAinsworth gameAustria based novomaticஒன்றுபட்டது மாநிலங்களில்ஐன்ஸஒர்த் விளையாட்டு தொழில்நுட்பம் லிமிடெட்ஆஸ்திரேலிய பத்திரங்கள் பரிமாற்றம்தொழில் பேச்சுஐன்ஸஒர்த் விளையாட்டு

GGRAsia – Novomatic s 2020 EBITDA halved, posts yearly loss

Austria-based gaming equipment maker and operator Novomatic AG Group said group-wide earnings before interest, taxation, depreciation and amortisation (EBITDA) stood at EUR305.9 million (US$365.9 million) in 2020, down 55.4 percent from the previous year. The company stated that its performance last year was affected by the Covid-19 pandemic, according to its annual report. The group reported revenue of EUR1.74 billion for full-2020, a decline of 33.1 percent from a year earlier. The said that the pandemic and associated measures to contain the further spread of the virus represented a “major and unprecedented challenge”. Novomatic reported a loss attributable to shareholders of EUR227.8 million for full-year 2020. That compares with a profit of EUR88.8 million in 2019.

Ainsworth game technology ltdLatest newsஐன்ஸஒர்த் விளையாட்டு தொழில்நுட்பம் லிமிடெட்சமீபத்தியது செய்தி

GGRAsia – Slot maker Ainsworth uses US$35mln loan to pay off ANZ

Australia-based slot machine maker Ainsworth Game Technology Ltd says it has a new five-year secured-credit facility worth US$35.0 million, with United States-based lender Western Alliance Bancorp. “Proceeds of US$28 million from this new facility have been used to extinguish all company obligations under the prior revolving credit facility with Australia and New Zealand Banking Group Ltd (ANZ),” said Ainsworth Game in a Friday filing to the Australian Securities Exchange. The party to the new credit agreement is Ainsworth Game Technology Inc, a U.S.-based operating subsidiary of the group. Its parent entities within the group, AGT Pty Ltd and Ainsworth Game Technology Ltd, are guarantors of the loan.

New zealandZealand banking group ltdPty ltdAinsworth game technology ltdAlliance bancorpAustralian securities exchangeAinsworth game technology incLatest newsUnited states basedWestern allianceNew zealand banking group ltdAinsworth gameAustralian securitiesபுதியது ஜீலாந்துஜீலாந்து வங்கி குழு லிமிடெட்ப்டி லிமிடெட்