Australian slot machine developer Ainsworth Game Technology named Lawrence Levy as chief executive officer earlier this month, replacing Danny Gladstone, who will remain on the company’s board as a non-executive director.
Levy, whose appointment is subject to regulatory approvals, has held senior positions within the gaming industry over 37 years, including all areas in casino operations, sales and management. Most recently, Levy was vice president of sales for Novomatic AG Austria.
Austria-based Novomatic owns 53 percent of Ainsworth’s shares, which are traded on the Australian Stock Exchange.
Levy has lived and worked in 19 countries across Europe, North and East Africa, Latin America, ex-Russian states and now Australia.
In a statement, Levy said his background on both operator side and supplier side, “will serve to support the innovations and developments” required to increase Ainsworth’s market share.
“I am both delighted and motivated to be given the opportunity to guide Ainsworth, a world-renowned provider of gaming technology, into its next phase of development,” Levy said. “The legacy that Len Ainsworth and Danny Gladstone built is a great platform for me to start from.
Gladstone will assist in the transition of the new CEO. He is credited with building Ainsworth’s presence in the U.S. and forging the strategic partnership with Novomatic.
“We are pleased to welcome Lawrence to his new role as CEO,” Ainsworth Chairman Graeme Campbell said in a statement. “Under his leadership we look forward to Ainsworth strengthening its position as a major provider of innovative gaming technology to the global market.”
