Ainsworth comments on historical investigations into CEO Harald Neumann
Summary
Ainsworth Game Technology has addressed media reports regarding investigations by the Austrian Economic and Corruption Prosecutor’s Office (WKStA) into over 100 individuals, including CEO Harald Neumann and Novomatic AG, initiated in 2019. Ainsworth confirmed that they were first made aware of these investigations in August 2019.
The company clarified that it communicated with gaming regulators about the investigations and provided periodic updates to ensure transparency. They stated that no significant findings have emerged from these investigations, and most have already been discontinued.
Key Points
- Ainsworth acknowledges media articles on ongoing investigations about CEO Harald Neumann.
- The investigations began in 2019, involving over 100 individuals and included Novomatic AG.
- All relevant gaming regulators were informed about the investigations’ status.
- The majority of cases involving Neumann have been discontinued, with no findings of wrongdoing.
- Neumann was found suitable for his CEO position after a probity investigation, despite the unresolved inquiries.
Why should I read this?
If you’re in the gaming or business sector, this article shines a spotlight on matters that could affect corporate governance and leadership integrity. Ainsworth’s prompt response and transparency about the investigations serve as a regulatory case study while reassuring stakeholders of the company’s strong compliance and ethical standards.