• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Ainsworth completes acquisition of Nova Technologies

Jan 18, 2016 Newsdesk Industry Talk, Latest News  


Ainsworth completes acquisition of Nova Technologies

Australia-based casino slot machine maker Ainsworth Game Technology Ltd on Friday announced it has completed the US$38-million acquisition of U.S.-based Nova Technologies LLC, a deal first announced in November.

“All necessary regulatory approvals have been completed and Ainsworth was able to close this acquisition ahead of time. The transaction was accomplished using existing credit facilities,” said the slot machine maker.

Privately held Nova is a manufacturer of products referred to in U.S. markets as “Class II” games – sometimes also referred to as video lottery terminal games – as well as systems for such games. It has also deployed selected so-called “Class III” games – sometimes referred to as casino slot games – in certain markets.

“Nova provides Ainsworth with an immediate presence in the U.S. Class II markets and an opportunity for growth within the Americas with an expanded library of products to an increasingly large addressable market,” Ainsworth said in a filing to the Australian Securities Exchange.

The firm said an integration plan is already being executed and Nova will be operated as part of Ainsworth’s existing corporate structure in the Americas.

“We are thrilled to announce the closing of the Nova acquisition, as it represents another positive step in our continued growth in North America … This not only provides us with immediate entry into Class II markets but it further expands the current product offering in the existing markets that the group currently successfully operates in,” Danny Gladstone, Ainsworth’s chief executive, said in a statement.


  • tweet
Related articles
  • Ainsworth to review dividend policy as recovers says chair
    Ainsworth to review dividend policy as...

    Nov 29, 2022  

  • Ainsworth promotes Lynn Mah to chief financial officer
    Ainsworth promotes Lynn Mah to chief...

    Sep 30, 2022  

More news
  • Return of tours good for mass floor traffic: observers
    Return of tours good for mass floor...

    Feb 03, 2023  

  • S.Korea casino op GKL’s January sales up 230pct y-o-y
    S.Korea casino op GKL’s January...

    Feb 03, 2023  


Latest News

Return of tours good for mass floor traffic: observers

Return of tours good for mass floor traffic: observers

Feb 03, 2023  

The imminent return of package tours from mainland China will not only help boost Macau’s tourism businesses, but is also expected to help casinos gain more foot traffic in their mass gaming...
Read More
S.Korea casino op GKL’s January sales up 230pct y-o-y

S.Korea casino op GKL’s January sales up 230pct y-o-y

Feb 03, 2023  

Aristocrat completes acquisition of Roxor Gaming

Aristocrat completes acquisition of Roxor Gaming

Feb 03, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”We are confident that the Philippine gaming sector will be able to fully recover, or even surpass its pre-pandemic earnings soon”

Alejandro Tengco

Chairman and chief executive of Pagcor



Most Popular

  • Jaw-dropping wagers in Macau CNY survey: CitigroupJaw-dropping wagers in Macau CNY survey: Citigroup February 2, 2023
  • Return of tours good for mass floor traffic: observersReturn of tours good for mass floor traffic: observers February 3, 2023
  • Galaxy Macau’s new arena to host K-pop group BlackpinkGalaxy Macau’s new arena to host K-pop group Blackpink January 9, 2023
  • Aruze Gaming America opts financial rejig after legal matterAruze Gaming America opts financial rejig after legal matter February 2, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us