Ainsworth Game Technology Addresses Media Reports on Austrian Investigations

Ainsworth Game Technology ( (AU:AGI) ) just unveiled an announcement.

Ainsworth Game Technology has acknowledged media reports regarding investigations by the Austrian Economic and Corruption Prosecutor’s Office involving its CEO, Harald Neumann, and its controlling shareholder, Novomatic AG. The company has been aware of these investigations since 2019 and has kept gaming regulators informed. Most investigations have been discontinued with no findings of wrongdoing, and the company continues to monitor the situation through its Regulatory Compliance Committee. The remaining investigation is expected to be concluded soon, with no anticipated adverse impact on the company.

The most recent analyst rating on (AU:AGI) stock is a Hold with a A$0.90 price target. To see the full list of analyst forecasts on Ainsworth Game Technology stock, see the AU:AGI Stock Forecast page.

More about Ainsworth Game Technology

Ainsworth Game Technology Ltd operates in the gaming industry, primarily focusing on the development and supply of gaming machines and related technology. The company is known for its innovative slot machines and gaming solutions, catering to a global market with a strong presence in various jurisdictions.

YTD Price Performance: 6.36%

Average Trading Volume: 450,230

Technical Sentiment Signal: Buy

Current Market Cap: A$309.9M

For detailed information about AGI stock, go to TipRanks’ Stock Analysis page.