More than seven years have passed since billionaire poker machine king Len Ainsworth sold a majority stake in his namesake company to Austrian family business Novomatic. That deal, worth $500 million, ended his affiliation with Ainsworth Game Technology and gave Novomatic the chance to grow its presence in the United States.
The Ainsworth family has barely uttered a word about the company since 2018, even as shares in AGT slumped more than 55 per cent. But an attempt by Novomatic to take full control of the business has changed that.
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