Australian supplier Ainsworth Game Technology said Monday it anticipates year-on-year revenue growth of around 6% for the six months to 30 June 2025, boosted by higher slot machine sales in its home market.
However, its plans to accept a takeover offer from majority shareholder Novomatic could be on shaky ground after the family of company founder Len Ainsworth voiced their opposition. Novomatic currently holds a controlling 52.9% stake.
According to a report by the Australian Financial Review, Kjerulf Ainsworth – the sixth son of Len and the company’s second largest individual shareholder with a 12% stake – is hatching a plan to stop the takeover with the support of his mother.
“We’ve got money to go and throw some serious punches,” he is quoted as saying. “It’s hard not to be motivated if you see two- or three-dozen shareholders all getting stiffed.”
