{"id":11194,"date":"2026-08-26T21:36:56","date_gmt":"2026-08-26T21:36:56","guid":{"rendered":"https:\/\/casino-online-best.com\/index.php\/2026\/08\/26\/ainsworth-profit-falls-78-as-north-america-revenue-drops-38\/"},"modified":"2026-08-26T21:36:56","modified_gmt":"2026-08-26T21:36:56","slug":"ainsworth-profit-falls-78-as-north-america-revenue-drops-38","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2026\/08\/26\/ainsworth-profit-falls-78-as-north-america-revenue-drops-38\/","title":{"rendered":"Ainsworth Profit Falls 78% as North America Revenue Drops 38%"},"content":{"rendered":"<div>\n<p>Ainsworth Game Technology reported a sharp first half earnings decline as weaker North America sales outweighed growth in Asia Pacific. Revenue fell 23.4% to A$116.5 million, while profit after tax dropped 77.6% to A$1.1 million for the six months to June 30, 2026.<\/p>\n<hr>\n<p><strong>Good to Know<\/strong><\/p>\n<ul>\n<li>North America revenue fell 37.6% to A$51.9 million and represented 44% of group revenue.<\/li>\n<li>Asia Pacific revenue increased 6.7% to A$36.9 million.<\/li>\n<li>Operating cash flow reached A$8.9 million, while net debt fell to A$8.5 million from A$11.8 million at the end of 2025.<\/li>\n<\/ul>\n<hr>\n<h2><strong>North America Weighs on Ainsworth Results<\/strong><\/h2>\n<p>North America produced the largest drag on Ainsworth during H1 2026. The gaming machine manufacturer blamed weaker consumer conditions, fewer new products and continued removals of historical horse racing machines in New Hampshire following regulatory changes.<\/p>\n<p>North America revenue dropped to A$51.9 million from roughly A$83 million a year earlier. Participation and leased machines also declined to 2,360 at June 30 from 2,961 one year earlier.<\/p>\n<p>Chief Executive Officer Ryan Comstock acknowledged that a lack of \u201ccompelling\u201d recent products in North America had \u201cadversely impacted\u201d performance. He said Ainsworth was addressing the issue through its product road map while maintaining \u201cdisciplined cost management to enhance margins,\u201d reducing debt and improving operating cash flow.<\/p>\n<p>Dragon Legacy, released in late May, provided some early improvement, according to Ainsworth.<\/p>\n<p>Group underlying EBITDA fell 36.4% to A$17.1 million, taking the margin to 15% from 18%. Underlying profit before tax dropped 66.2% to A$4.7 million. Ainsworth also recorded a A$2.3 million patent provision during the period.<\/p>\n<p>One positive came from gross margin, which increased to 62% from 56%. Higher average selling prices and tariff refunds contributed to the improvement. Ainsworth received nearly A$3 million in tariff refunds during the half.<\/p>\n<h2><strong>Asia Pacific Runs Against Group Decline<\/strong><\/h2>\n<p>Asia Pacific was the only major land based region to increase revenue, reaching A$36.9 million, up 6.7%. Machine sales rose to 1,087 from 1,049, while segment profit margin improved two percentage points to 25%.<\/p>\n<p>Ainsworth credited further deployment of the A-STAR Raptor range, including the single screen version. Double Dragons and Loot Express launched at more than twice the relevant casino floor average and remained above floor averages.<\/p>\n<p>Elsewhere, Latin America and Europe revenue decreased to A$25.4 million from A$31.6 million. Ainsworth Interactive revenue fell to A$2.3 million from A$2.8 million.<\/p>\n<p>International markets still generated 70% of total group revenue, leaving Ainsworth heavily exposed to conditions outside Australia.<\/p>\n<p>The weaker half also comes shortly after Ainsworth agreed to pay Aristocrat A$8.5 million over three and a half years under a patent licensing and settlement agreement announced on August 14.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/ainsworth-profit-falls-78-as-north-america-revenue-drops-38\/\">Ainsworth Profit Falls 78% as North America Revenue Drops 38%<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ainsworth Game Technology reported a sharp first half earnings decline as weaker North America sales outweighed growth in Asia Pacific. Revenue fell 23.4% to A$116.5 million, while profit after tax dropped 77.6% to A$1.1 million for the six months to June 30, 2026. Good to Know North America revenue fell 37.6% to A$51.9 million and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-11194","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/11194","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=11194"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/11194\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=11194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=11194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=11194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}