Ainsworth comments on historical investigations into CEO Harald Neumann

Ainsworth comments on historical investigations into CEO Harald Neumann

Summary

Ainsworth Game Technology has made a statement regarding recent media reports discussing investigations that began in 2019 by the Austrian Economic and Corruption Prosecutor’s Office, affecting over 100 individuals, including its CEO Harald Neumann. The company had been aware of these investigations since August 2019 and has kept regulators informed. Ainsworth clarified that no significant evidence justifies the allegations, while several investigations related to Neumann and Novomatic AG have been discontinued.

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Key Points

  • Ainsworth acknowledges ongoing investigations that include CEO Harald Neumann and Novomatic AG.
  • The company became aware of the investigations in August 2019 and has cooperated with gaming regulators.
  • A legal review determined that no immediate disclosures were necessary, as findings are preliminary.
  • Most investigations have been discontinued with no wrongdoing found, aside from one, which is expected to conclude soon.
  • Neumann was considered suitable for the CEO role after a thorough probity investigation.

Why should I read this?

If you’re in the gaming or corporate sector, this article sheds light on how businesses navigate tricky regulatory waters. Ainsworth’s proactive transparency speaks volumes about their commitment to compliance and governance, making it a must-read for anyone interested in corporate integrity in the gaming industry.