Ainsworth Game Technology has issued a public clarification addressing recent media coverage linking its CEO Harald Neumann and majority shareholder Novomatic AG to an ongoing Austrian corruption investigation. The company reaffirmed its commitment to regulatory transparency and emphasized that most of the referenced investigations have already been discontinued without findings of wrongdoing.
Background: A Complex Legal History Dating Back to 2019
The case stems from a broad investigation launched by Austria’s Economic and Corruption Prosecutor’s Office (WKStA) in 2019. This expansive probe targeted over 100 individuals, including senior executives from Novomatic, one of Europe’s largest gambling technology firms. At the time, Harald Neumann served as a non-executive director on Ainsworth’s board while also holding leadership roles at Novomatic.
Ainsworth stated that it first became aware of the investigations in August 2019 through Austrian media reports. In response, it immediately notified gaming regulators in all applicable jurisdictions, a move consistent with its strict probity and disclosure obligations.
Regulatory Oversight and Compliance Measures
According to Ainsworth’s statement, the majority of the cases involving Neumann and Novomatic have been formally closed by Austrian authorities, with the necessary approvals confirming no findings of misconduct. A single investigation remains active, but no charges have been filed.
Importantly, Harald Neumann underwent and passed a comprehensive probity review before being appointed CEO of Ainsworth in October 2021. He is currently licensed in over 100 regulated jurisdictions, indicating a strong track record of compliance amid heightened regulatory scrutiny.
Ainsworth reiterated:
“We have complied with all disclosure and regulatory requirements since 2019, and all updates have been timely provided to relevant gaming authorities.”
Novomatic’s Acquisition and Strategic Intent
This clarification arrives at a crucial time, as Novomatic is seeking full ownership of Ainsworth. The Austrian giant currently holds a 52.9% stake and is offering $1.00 per share to acquire the remaining equity, in a deal first announced in April 2025. Pending shareholder approval, the acquisition is expected to close by the end of Q2 2025.
The move is seen as part of Novomatic’s broader plan to integrate and streamline its global gaming operations, with Ainsworth playing a key role in its expansion strategy—particularly in the Australasian and North American markets.
Company Outlook: Strong Domestic Recovery, Global Challenges Persist
Despite the distraction of legal headlines, Ainsworth recently provided a positive trading update, forecasting $14 million in pre-tax profit for H1 2025. This was largely driven by the successful launch of its new Raptor cabinet and a rebound in Australian market performance.
However, international revenues remain under pressure, with ongoing macroeconomic and regulatory challenges affecting performance in key markets such as Mexico and parts of Europe.
Conclusion: Compliance, Leadership, and Strategic Transition
Ainsworth’s handling of the situation appears measured and transparent, reinforcing its reputation in an industry where regulatory probity and corporate governance are critical. While one final legal matter remains under review in Austria, the company has taken proactive steps to ensure stakeholders are informed and reassured.
As Novomatic inches closer to full ownership, and Ainsworth capitalizes on product innovation at home, the company finds itself at a pivotal moment—balancing risk, reputation, and opportunity on a global scale.
