Australian betting group Ainsworth Game Technology has announced their 2020 full year financial results, posting an operating loss of $50.3 million due to the Covid-19 pandemic.
The full year results ending June 30th, 2020 were:
Ainsworth CEO Lawrency Levy said that the results are hopefully short-term, and that the group is taking measures to steady the boat. "We took proactive measures to streamline our overheads and restructure previous financing arrangements to ensure we can endure the current downturn," said Levy. "AGT is well positioned as customers across our major markets look to recover from the effects of the pandemic."