Newington. Poker nmachine sales up

Ainsworth Technology, in Newington, sold 565 poker machines – up 41 per cent – in the last three-month period and saw its market share rise to 23 per cent from 19 per cent a year earlier.

Newington. Company a market darling

Poker machine maker, Ainsworth Game Technology, at Newington, has become a market darling as brokers and investors warm to its innovation and international growth story, according to The Australian Financial Review

Newington. Shares up 220 per cent

Poker machine manufacturer, Ainsworth Technology, at Newington, has been one of the hottest small caps this. The shares are up 220 per cent on hype about its United States expansion. Following an equity raising, Ainsworth’s market capitalisation is almost $500 million, according to The Australian Financial Review.

Newington. CEO based in Las Vegas

Daniel Gladstone, CEO, of Ainsworth Games Technology, with its headquarters and poker-machine design facility based, at Newington, will spend the next 12 months in Las Vegas launching the company’s poker machines in the United States. The company opened a 4650-square-metre site in Las Vegas, late last year, replacing a smaller facility in Florida.

Newington. USA expansion

Ainsworth Games Technology, with its headquarters and poker-machine design facility based at Newington, has expanded its operations in the USA after posting a 24 per cent growth; almost half its international revenue is raised in the USA The company opened a 4650-square-metre site in Las Vegas, late last year, replacing a smaller facility in Florida.

Newington. Base in Las Vegas

Ainsworth Game Technology, based in Newington, plans to sell poker machines in Nevada, and is in the process of establishing a development and manufacturing base in Las Vegas

Newington Revenue up 55 per cent

During the financial year 2011 reporting period, Ainsworth Game Technology, at Newington, achieved significant growth within Australia, with domestic revenue increasing 55 per cent from $48.2 million during the financial year 2010 to $74.7 million for 2011. Domestic revenue represented 76 per cent of total revenue, with the largest contributors being the NSW and Queensland markets, which accounted for 89 per cent of domestic revenue. International revenue was $23.3 million, compared to $21.0 million for the previous corresponding period, representing an 11 per cent increase.

Newington. Infringement

Aristocrat Leisure has commenced proceedings against Ainsworth GameT echnology, at Newington, for infringing a range of the group’s patents...

Newington. Poker machine sales up

After poker machine company, at Newington, Ainsworth Game Technology’s profits were held back in recent years by high research and development costs, the expense of entering new markets overseas and a coinciding lack of scale at home, its growing sales are finally flowing through to the bottom line, according to CEO, Danny Gladstone. The company controls a little more than 8 per cent of the Australian market in terms of installed machines, but its share of shipments has been tracking well above that level for more than a year.

Newington. Profit recovery for Ainsworth

Ainsworth Game Technology, in Newington, posted a $3.3 million profit for the first six months of 2010-11, bounced back from a $4.2 million loss in the previous corresponding period. The company designs and manufactures poker machines and sells them in Australia, Europe, Asia and the US. North America was the key off shore market.

Newington. Expansion overseas

Australian poker machine manufacturer, Ainsworth Game Technology, at Newington, intends to continue expansion of activities in the Americas to capitalise on its product initiatives while progressing necessary product approvals in newly licensed markets. Particular focus will be given to the establishment of an operating presence within Nevada, the foremost gaming market of North America, following the granting of a licence in this key jurisdiction. The company has offices around the world.