Ainsworth comments on historical investigations into CEO Harald Neumann
Summary
Ainsworth Game Technology has addressed the recent media articles regarding investigations initiated by the Austrian Economic and Corruption Prosecutor’s Office into over 100 individuals, including CEO Harald Neumann and Novomatic AG. These investigations, known to Ainsworth since August 2019, were monitored closely to keep regulators informed. Notably, the investigations are now nearly concluded, with most being discontinued, and Mr Neumann has been deemed suitable for his role as CEO.
Key Points
- The Austrian investigations into CEO Harald Neumann began in 2019 and involve over 100 individuals.
- Ainsworth informed gaming regulators as soon as they were made aware of the investigations.
- Only one investigation remains ongoing, with most allegations being dropped and no findings of misconduct reported.
- Neumann has been found suitable to serve as CEO following internal compliance checks.
- Ainsworth has consistently provided updates on the investigations as part of its regulatory obligations.
Why should I read this?
If you want to stay in the know about the corporate governance and compliance issues that could affect major players in the gaming industry, this article sheds light on a pivotal moment for Ainsworth and its CEO, Harald Neumann. It’s a fascinating peek behind the curtain at how businesses navigate regulatory scrutiny while ensuring leadership integrity.
