Novomatic extends Ainsworth takeover offer to December 2025
The extended offer period gives shareholders additional time to consider the bid as Novomatic seeks to further expand its international gaming portfolio.
The extended offer period gives shareholders additional time to consider the bid as Novomatic seeks to further expand its international gaming portfolio.
Landmark venue to open in February 2026 with over 100 events confirmed.
Quarterly results show modest improvement in revenue quarter-on-quarter despite regulatory and operational headwinds.
The Australian supplier will provide pricing data and distribute SIS's global racing content portfolio, covering over 60,000 races annually.
The merger has now passed the necessary regulatory conditions, completing for an AU$55.4m transaction fee.
Operator reports first annual profit since FY2020 amid improved performance in Sydney and Perth.
The operator stated its previous anti-money laundering program failed to 'meet expectations' from December 2018 to August 2024 but plans to fight AUSTRAC's claim in court if required.
The company will transition its primary listing to the Australian Securities Exchange as part of its long-term strategy to align market presence with its shareholder base.
The offer for an additional 2.9% stake in the company gives shareholders an alternative to Novomatic's existing takeover bid.
The casino is set to implement carded-only play across all its EGMs from 1 December 2025.