On August 26, 2026, GiG Software revealed that it plans to acquire an 80% stake in 888Africa in a deal worth €16.4 million.GiG will purchase the shares from Virtual...
Ainsworth Game Technology (AGT) has revealed that its revenue for H1 2026 fell by 23% year-on-year to AU$116.5 million, compared to 2025’s $152.1 million.
Additionally, the company’s net profit attributable to shareholders declined by a huge 78% to $1.1 million, while underlying profit before tax decreased from $13.9 million in 2025 to $4.7 million. Underlying EBITDA also dropped, reaching $17.1 million, as opposed to the previous year’s $26.9 million.
CEO of Ainsworth Game Technology, Ryan Comstock, stated:
“Given the challenging trading conditions, our focus has been on disciplined cost management to enhance margins, reducing debt, and improving our operating cash flow whilst also continuing our investment in R&D, and successfully launching new products in key markets.”
The company also reported $8.9 million in operating cash flow, which was a $13.6 million improvement, with net debt also reducing from $11.8 million to $8.5 million.
Ainsworth’s Asia Pacific business delivered strong performance, thanks to high demand for the A-STAR Raptor, while R&D comprised 22% of total revenue for H1. The company had also recently signed a licensing deal with Aristocrat Leisure, which included an $8.5 million payment that’s set to be fulfilled over 3 and a half years.
