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Ainsworth Game Technology Launching Social Casino
Thursday November 20,2014 : AINSWORTH GAMING EYES ONLINE SOCIAL CASINO SECTOR
Players Paradise social casino due to launch in January, with another to follow.
Ainsworth Game Technology, an Australian gambling equipment and games supplier, is to enter the online social casino sector with two offerings, the first scheduled to launch early next year, titled Players Paradise.
Revealing his company's intentions this week, Ainsworth CEO Danny Gladstone said that earlier this year Ainsworth had partnered with digital platform provider 616 Digital in a joint venture to enter the social casino sector.
Paradise Player will offer social punters the best in both desktop and mobile gambling technology, he said.
Earlier, Ainsworth Game Technology warned shareholders that profits would be lower in the first half of the financial year. The warning triggered a slide of 12 percent in the company's shares, compounding a decline of some 40 percent over the past year for the A$876-million company.
"Domestic revenue for the first half of 2014-15 is expected to be similar to the second half of 2013-14 and down approximately 30 percent compared to the previous corresponding period," Gladstone told shareholders.
Analysts said they expected first-half net profit, excluding one-off items, to dip 12 percent to A$31.3 million. The full-year revenue was forecast to rise 12 percent to A$277 million, analysts predicted, noting that the company hopes to launch a series of new games to boost income, including offerings based on famous movies such as The Sound of Music and Showgirls.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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