Ainsworth to Merge with Russian Supplier

15 Feb 2005

AUSTRALIA – As reported by the Australian: "At 81, veteran pokie king Len Ainsworth still can't resist a punt - even if it comes from behind the old Iron Curtain.

"The founder of Aristocrat Leisure yesterday announced a proposal to merge his latest project, Ainsworth Game Technology, with Russia's largest casino and gaming equipment supplier Unicum.

"…'Between St Petersburg and Sydney and Melbourne, we'll have major plans that will enable to cope with almost any expansion that might come our way,' he said. Mr Ainsworth has been captivated for some time by the potential of the Russia market after the dissolution of the Soviet Union.

"…Unicum is a private group of companies owned by Boris Belotserkovsky and already assembles and distributes AGT machines. In the next three years, it's projecting its own base of installed poker machines to ramp up from 315,000 to 600,000.

"…The merger talks have yet to conclude and the proposal must also get the green light from shareholders who will have access to an independent expert's report…"

Ainsworth to Merge with Russian Supplier is republished from CasinoCityTimes.com.

Language: English Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue
	Ainsworth to Merge with Russian Supplier 15 Feb 2005 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> AUSTRALIA – As reported by the Australian: "At 81, veteran pokie king Len Ainsworth still can't resist a punt - even if it comes from behind the old Iron Curtain. "The founder of Aristocrat Leisure yesterday announced a proposal to merge his latest project, Ainsworth Game Technology, with Russia's largest casino and gaming equipment supplier Unicum. "…'Between St Petersburg and Sydney and Melbourne, we'll have major plans that will enable to cope with almost any expansion that might come our way,' he said. Mr Ainsworth has been captivated for some time by the potential of the Russia market after the dissolution of the Soviet Union. "…Unicum is a private group of companies owned by Boris Belotserkovsky and already assembles and distributes AGT machines. In the next three years, it's projecting its own base of installed poker machines to ramp up from 315,000 to 600,000. "…The merger talks have yet to conclude and the proposal must also get the green light from shareholders who will have access to an independent expert's report…" Ainsworth to Merge with Russian Supplier is republished from CasinoCityTimes.com.