The Novomatic AG subsidiary Novomatic Gaming Industries GmbH, which has acted as a holding company for a number of brands including United Kingdom-based slot manufacturer Astra Games Ltd., has been merged into the parent, according to a circular carrying Monday’s date.
Austria’s Novomatic group has recently undergone a number of corporate changes, including acquisition of Australian slot machine manufacturer Ainsworth Game Technology Ltd. That deal formally closed in January.
In late August, the Novomatic group said its first-half 2018 earnings before interest, tax, depreciation and amortization rose to EUR318 million (US$366 million), 12.6 percent more than the prior-year period and the most on record, with the contribution of recently acquired businesses a factor in the good numbers.
