Ainsworth Gaming Reports Revenue Surge Driven by HHR Success and International Growth

Ainsworth Gaming witnessed a substantial revenue surge in the initial six months of the 2022 financial year. Their report indicated a 40% climb, achieving $72.3 million (USD) in earnings, contrasted with the corresponding timeframe the previous year. This accomplishment was primarily credited to their Historical Horse Racing (HHR) devices, generating considerable recurring income and outright purchases. The firm particularly emphasized an agreement encompassing 400 HHR units within North America that shifted to a sales framework. Furthermore, Ainsworth observed expansion in their internet gaming division and a rebound in their Latin American market as the area recuperated from the global health crisis. Overseas earnings played a pivotal part, constituting 83% of their overall revenue, demonstrating the company’s worldwide presence. Although North America prospered with a 33% revenue escalation, their domestic Australian market experienced a downturn.

We were truly enthusiastic about the enhanced results observed during the initial six months. The positive influence of reopened major global markets and the worldwide economic upswing is evident,” stated Harald Neumann, AGT’s Chief Executive Officer. “I anticipate providing further progress reports.”