{"id":23,"date":"2024-06-11T03:50:44","date_gmt":"2024-06-11T00:50:44","guid":{"rendered":"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/11\/ainsworth-predicts-strong-finish-to-fiscal-year-on-global-gaming-market-recovery\/"},"modified":"2024-06-12T10:30:48","modified_gmt":"2024-06-12T07:30:48","slug":"ainsworth-predicts-strong-finish-to-fiscal-year-on-global-gaming-market-recovery","status":"publish","type":"post","link":"https:\/\/islandreelsnodepositbonuscodes.icu\/2024\/06\/11\/ainsworth-predicts-strong-finish-to-fiscal-year-on-global-gaming-market-recovery\/","title":{"rendered":"Ainsworth Predicts Strong Finish to Fiscal Year on Global Gaming Market Recovery"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/XknRJ4WSn1o\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Australian gaming enterprise, Ainsworth Game Technology, anticipates a robust conclusion to their financial year, estimating pre-tax earnings of AU$1 million (US$780,000) for the six-month period concluding December 31, 2021.  This optimistic projection is driven by a recovering worldwide market post-COVID-19 pandemic, which has bolstered the company&#8217;s revenue and profit anticipations for the latter half of the year.<\/p>\n<p>This profit forecast disregards the influence of exchange rate variations and singular occurrences, like the AU$33 million profit from the March 2021 divestiture of the company&#8217;s Nevada production facility.  Ainsworth projects earnings before interest, taxes, depreciation, and amortization (EBITDA) to hit AU$13.2 million for the second half of the year, representing a substantial 128% surge compared to the initial half.  For the complete fiscal year, EBITDA is estimated to be AU$19 million.<\/p>\n<p>Solidifying their standing further, Ainsworth recently secured a five-year, US$30 million arrangement with GAN, a prominent gaming provider. This pact grants GAN access to Ainsworth&#8217;s present and forthcoming online real-money games within the United States.  Boasting a collection of 79 exclusive games, Ainsworth is poised to utilize this collaboration to provide a steady flow of novel and captivating content.  Effective July 1, 2021, the agreement will see GAN incorporate Ainsworth&#8217;s current online operations in New Jersey, along with its expansion strategies in Michigan and Pennsylvania. This tactical maneuver enables Ainsworth to concentrate on crafting premium, high-performing land-based gaming content while capitalizing on the burgeoning online market. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australian gaming enterprise, Ainsworth Game Technology, anticipates a robust conclusion to their financial year, estimating pre-tax earnings of AU$1 million (US$780,000) for the six-month period concluding December 31, 2021. This optimistic projection is driven by a recovering worldwide market post-COVID-19 pandemic, which has bolstered the company&#8217;s revenue and profit anticipations for the latter half of [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ainsworth Game Technology Predicts Strong Finish to Financial Year<\/title>\n<meta name=\"description\" content=\"Australian gaming company Ainsworth is forecasting a profitable end to the year, driven by a recovering global market. 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