Ainsworth comments on historical investigations into CEO Harald Neumann
Summary
Ainsworth Game Technology has acknowledged recent investigations by the Austrian Economic and Corruption Prosecutor’s Office into over 100 individuals, including CEO Harald Neumann and the controlling shareholder Novomatic AG. The company became aware of these investigations in 2019 and ensured all gaming regulators were informed.
Ainsworth’s Board explained that, after legal advice, they determined no significant announcement was necessary, as the investigations are still in preliminary stages with no concrete evidence against those involved. The findings from Austrian authorities indicate that nearly all investigations involving Mr Neumann have been discontinued.
Key Points
- Ainsworth has been involved with investigations since 2019 concerning CEO Harald Neumann.
- The company communicated with gaming regulators to maintain transparency.
- Legal advice deemed that no public disclosure was required due to the preliminary nature of the investigations.
- Most investigations against Neumann have been concluded without findings of wrongdoing.
- Neumann is licensed across over 100 jurisdictions, affirming his regulatory suitability for his CEO role.
Why should I read this?
If you’re interested in the interplay of governance, regulation, and corporate leadership in the gaming industry, this article is a must-read! Ainsworth’s proactive communication and handling of potential issues highlights the importance of transparency and compliance in today’s business environment. Don’t miss out on understanding the ongoing situations affecting key figures in gaming!