The strategic review will include a broad range of potential organic and inorganic alternatives, and there can be no assurance that any transaction will result.

As Inside Asian Gaming said, they explained: “The process will look to review and assess all strategic alternatives which could assist the Company in maximizing shareholder value. The company wants to explore all of the possibilities and various strategic alternatives that might help it increase the value of its shareholders, as Ainsworth released on Monday. However, this isn’t the real situation since the investments made in Argentina subdued the profits, but the fact is that the situation on the Australian market still remains the same. This is almost 30% less than the company earned in the same period in 2022. However, the shareholders earned AU$4.1 million, or US$2.6 million. The first half of the year wasn’t so successful for Ainsworth – in the first six months, to June 30th, the company earned revenue of AU$143.6 million, or US$92 million. The group said that ‘no expressions of interest have been received by the company’. The advisor, as announced on Monday, is Macquarie Capital. The company has already chosen a financial advisor who will help them throughout the process and revise all potential opportunities the company can take from now on. New advisors and privatization as a solution: The company will be delisted from the Australia Stock Exchange (ASX), and it will be privatized. Betting on sports futures, props and lay betsĬasino Sales, Latest Casino and Gambling News, Australia, Unsavory reports, Gaming Industry News, Casino moguls, Economy/Finance Rumours about Ainsworth Game Technology, a renowned gaming manufacturer from Australia, have been becoming louder in recent times – and now the company itself has confirmed them.

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