Ainsworth Appoints Lawrence Levy as Chief Executive Officer

Lawrence Levy was appointed Chief Executive Officer of Ainsworth Game Technology Limited on 1 July, 2019 subject to necessary regulatory approvals.

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Prior to this appointment, Mr Levy has held senior positions within the gaming industry over a successful career spanning 37 years. His industry experience comprises of all areas in casino operations, sales and management; living and working in 19 countries across Europe, North and East Africa, Latin America, ex-Russian states and now Australia. Most recently, he held the position of Vice President Global Sales for Novomatic AG Austria.

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Commenting on his appointment, Ainsworth CEO, Mr Lawrence Levy said “I am both delighted and motivated to be given the opportunity to guide Ainsworth, a world-renowned provider of gaming technology, into its next phase of development. The legacy that Len Ainsworth and Danny Gladstone built is a great platform for me to start from. I am confident that my years in this industry, both as operator and supplier, will serve to support the innovations and developments needed to further grow our market share worldwide.”

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Further noting, Mr Danny Gladstone, outgoing CEO, will remain on the board at AGT as a Non-Executive Director and will commence this new role from 1 July 2019.

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Ainsworth look forward to continuing to utilise Danny’s vast industry experience and strong customer relationships as a Non-Executive director. Danny will also assist with the orderly transition of the new CEO.

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Ainsworth Chairman, Mr Graeme Campbell, added: “We are pleased to welcome Lawrence to his new role as CEO. Under his leadership we look forward to Ainsworth strengthening its position as a major provider of innovative gaming technology to the global market.”

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Mr Campbell further noted: “On the behalf of Ainsworth, the Board and shareholders, we would like to acknowledge and thank Danny for his ongoing contributions to Ainsworth. Danny’s strategies to build our presence in the Americas, grow our recurring revenues, invest in innovation, and forge a strategic partnership with Novomatic have strengthened AGT and have built the foundations for future growth.”