Australian maker of slot machines Ainsworth Game Technology Ltd says Lawrence Levy (pictured) began work on Monday as its chief executive, while his predecessor in that job, Danny Gladstone, becomes a non-executive director.
Ainsworth told the Australian Stock Exchange on Monday that Mr Levy’s assumption of the post of CEO of the company depended on the consent of the regulators. The company announced the appointment of Mr Levy in April.
Ainsworth also said in Monday’s filing that the executive Mr Levy was replacing as chief executive, Danny Gladstone, would remain on the board of the company, taking a non-executive director’s seat that day.
The company said an independent non-executive director, Heather Scheibenstock, had given notice of her intention to resign her seat on the board at the annual general meeting for 2019.
The company announcement on Monday quotes Ainsworth chairman Graeme Campbell as saying of Mr Levy: “Under his leadership we look forward to Ainsworth strengthening its position as a major provider of innovative gaming technology to the global market.”
It quotes Mr Campbell as saying of Mr Gladstone: “We look forward to continuing to utilise Danny’s vast industry experience and strong customer relationships as a non-executive director.”
Sep 13, 2019The Macau government says it collected MOP76.47 billion (US$9.49 billion) in tax revenue from the city’s gaming industry in the first eight months this year. The tax revenue collected from the...
Sep 13, 2019
”After concluding 20 years of experience in gaming development, we can retain the good parts. Meanwhile, we have to face up to the problems that arose, study them and plug the loopholes”
Ho Iat Seng
Macau’s Chief Executive-designate