Ainsworth Game Technology, a gaming enterprise based in Australia, projects a robust performance in the latter half of its fiscal year 2021. The company anticipates a pre-tax income of approximately $780,000 (USD), fueled by an enhanced market landscape as the globe rebounds from the COVID-19 crisis. This projected profit excludes singular occurrences such as the divestiture of their Nevada production facility earlier this year. Broadly, the firm predicts earnings before interest, taxes, depreciation, and amortization (EBITDA) to be substantially greater than the preceding six months.
Amplifying this optimistic outlook, Ainsworth also lately secured a significant contract with GAN, a leading gaming platform provider. This five-year pact, estimated at $30 million, will empower GAN to furnish Ainsworth’s well-received slot games to digital players throughout the United States. This collaboration is slated to commence in July and will witness Ainsworth’s games showcased in New Jersey, Michigan, and Pennsylvania. The arrangement permits Ainsworth to concentrate on its core competency: crafting top-tier games, while GAN utilizes its platform to deliver these games to a broader online player base.