Austrian Gaming Industries GmbH (AGI) says it is to end a sales and distribution agreement with United Kingdom-based casino equipment firm TCS John Huxley Ltd applicable to AGI’s Novomatic-branded electronic table game product range.
The deal on the product range – also known as multiplayer games – will end on July 31, said the Austrian company.
It didn’t give a reason. Nor did it respond to an emailed request from GGRAsia for more information on the move.
“As and from August, 2015, AGI will fully control all international sales and distribution of its multiplayer product range directly, through its subsidiary companies in some jurisdictions and via certain distribution partners in specific markets,” said AGI, a wholly owned subsidiary of the Novomatic Group AG.
AGI added: “TCS John Huxley will still have access to software and spare parts support, via AGI approved local channels, for this Novomatic product range and thus will be able to offer related services in certain designated markets.”
Jens Einhaus, sales director of AGI, stated: “While circumstances now dictate that AGI will now bring commercial responsibility for these products back ‘in house’, the length of our cooperation with TCS John Huxley and the excellent relationship that our companies have shared have been major factor[s] in the success of Novomatic multiplayer products around the world.”
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Analyst at Roth Capital Partners