{"id":42870,"date":"2020-08-24T06:47:34","date_gmt":"2020-08-24T06:47:34","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=42870"},"modified":"2020-08-24T06:47:34","modified_gmt":"2020-08-24T06:47:34","slug":"ainsworth-announce-results-redundancies","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/ainsworth-announce-results-redundancies\/","title":{"rendered":"Ainsworth Announce Results &#038; Redundancies"},"content":{"rendered":"<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-26063\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/11\/Ainsworth_Logo-300x84.jpg\" alt=\"\" width=\"300\" height=\"84\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/11\/Ainsworth_Logo-300x84.jpg 300w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/11\/Ainsworth_Logo.jpg 1024w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/11\/Ainsworth_Logo-250x70.jpg 250w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/11\/Ainsworth_Logo-405x113.jpg 405w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/11\/Ainsworth_Logo-638x178.jpg 638w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/11\/Ainsworth_Logo-619x173.jpg 619w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>Ainsworth Game Technology the Australian based slot machine maker has reported unaudited results for the year of a loss of $24.4 million for the year ending June 30.<\/p>\n<p style=\"text-align: left;\">The company said that the damage the COVID-19 pandemic had on the industry was particularly hard and Ainsworth suffered quite badly. It was also confirmed that Ainsworth would be making some 67 redundancies with 23 in Australia and 44 in America.<\/p>\n<p style=\"text-align: left;\">A subsidiary of Novomatic Ainsworth CEO Lawrence Levy said on the recent set of results: \u201cWhile Covid-19 hit our industry hard, we moved quickly to protect AGT. We took proactive measure to streamlining our overheads and we are securing more flexible financing arrangements to ensure that we can endure a protracted downturn. AGT is now well positioned as customers across our major markets look to recover from the effects of the pandemic.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ainsworth Game Technology the Australian based slot machine maker has reported unaudited results for the year of a loss of $24.4 million for the year ending June 30. The company said that the damage the COVID-19 pandemic had on the industry was particularly hard and Ainsworth suffered quite badly. It was also confirmed that Ainsworth [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":26063,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[123,2,11,8],"tags":[],"class_list":["post-42870","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australia","category-gaming","category-headlines","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ainsworth Announce Results &amp; Redundancies - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/ainsworth-announce-results-redundancies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ainsworth Announce Results &amp; Redundancies - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Ainsworth Game Technology the Australian based slot machine maker has reported unaudited results for the year of a loss of $24.4 million for the year ending June 30. The company said that the damage the COVID-19 pandemic had on the industry was particularly hard and Ainsworth suffered quite badly. 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