May 03, 2017 Newsdesk Industry Talk, Latest News  
Austria-based gaming equipment maker Novomatic AG has named John Morris (pictured) as the company’s new vice president of global product management, with effect from April
Mr Morris will be responsible for “strategic product alignment and further development of international product management,” Thomas Graf, chief technology officer of Novomatic, was quoted as saying in a release announcing the appointment.
Mr Graf added: “This decision is not just for staffing: [the hiring of] John Morris is a very clear signal to the international markets that we will be even more active in the future.”
Mr Morris was previously product market manager – Asia for global gaming and lottery supplier International Game Technology Plc (IGT). He worked for IGT for almost three decades, holding several positions related to product management.
Commenting on his appointment as vice president of global sales, Mr Morris said: “Novomatic is one of the major players on the market, with a huge potential for development at international level. I am proud to be part of this company.”
Earlier this year, Novomatic promoted Lawrence Levy to vice president of global sales.
The company reported revenue of approximately EUR2.29 billion (US$2.50 billion) for 2016, up 10 percent year-on-year compared to the EUR2.09 billion achieved in 2015. Novomatic said the 2016 tally was the highest annual revenue the company has recorded in its 36-year history.
Novomatic announced last year the acquisition of a majority stake in Australian slot machine maker Ainsworth Game Technology Ltd.
Harald Neumann, chief executive of Novomatic, said in a statement in April that the group planned to expand its business in Asia. “Thanks to the strong presence of Ainsworth in Australia, Asia, North and South America, Novomatic will, in future, also intensify its work in these markets,” the Novomatic CEO said at the time.
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The daily run-rate of Macau’s casino gross gaming revenue (GGR) for October 1 to October 6 – all within China’s seven-day National Day holiday – was estimated at just above MOP1.08 billion...(Click here for more)
478,634
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