Novomatic agrees to purchase remaining Ainsworth shares
Novomatic has agreed to acquire all shares it does not currently own in Ainsworth Game Technology and take full ownership of the Australian slot machine supplier.
By Robert Fletcher
- NewsCasino & games > Slots
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GVC expects £200m windfall from machines VAT ruling
The conclusion of the legal dispute over the payment of value-added tax (VAT) on revenue generated from gaming machines has led to GVC Holding revealing that it expects to see up to £200m repaid.
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Danish gambling revenue declines 5.0% in Q1
The Danish Gaming Authority (Spillemyndigheden) has reported a 5.0% year-on-year decline in gambling revenue for the first quarter of 2020, days after revealing that land-based closures had not led to an increase in online play.
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AGS slips to loss in Q1 as Covid-19 casino closures hit
Gaming technology supplier AGS has said that enforced closures as a result of the novel coronavirus (Covid-19) global pandemic were to blame for it posting a loss of $22.6m (£18.4m/€20.9m) in the first quarter.
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