Ainsworth Game Technology (AGT) has appointed a new Chairman and Interim Company Secretaries following the immediate resignations of Chairman Danny Gladstone and Company Secretary Mark Ludski.
The company said both executives stepped down after notifying the board of their decision in light of recent media reports concerning personal payments made to them more than eight years ago.
According to AGT, the pair concluded that their resignations were in the best interests of the business, allowing management and the board to focus on executing the company’s strategic objectives.
Following this, long-serving Director Graeme Campbell has been appointed Chairman. Campbell, who has served as an Independent Non-Executive Director since 2007, brings more than three decades of experience advising hotels and registered clubs.
He has also joined the company’s Regulatory and Compliance Committee, while Independent Director Heather Scheibenstock has assumed the role of Committee Chair.
The appointments form part of a broader board renewal process that has included the recent addition of Non-Executive Director Birgit Wimmer and follows the appointment of CEO Ryan Comstock earlier this year.
AGT said it will immediately begin a search for an additional independent Non-Executive Director.
The company has also named CFO Lynn Mah as Interim Company Secretary, alongside Andrew Kabega of BoardRoom as Interim Joint Company Secretary.
Kabega will serve as the primary contact for communications with the Australian Securities Exchange.
Separately, AGT addressed reports concerning an inquiry involving its US subsidiary by the Forest County Potawatomi Gaming Commission. The company stated that the regulator concluded the subsidiary had fully complied with information requests and subsequently renewed its licence on 28 May 2026, confirming it remains in good standing.
The leadership changes come during a challenging period for AGT, which recently forecast a significant decline in H1 earnings amid weaker trading conditions in North America.
AGT recently forecast first-half 2026 revenue of approximately AU$116m ($83m), representing a 24% year-on-year decline, largely due to weaker performance in North America
