GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

Ainsworth at 90

Ainsworth at 90

Len Ainsworth, the affable Australian who has launched two successful slot manufacturing companies, turned 90 July 11.

Ainsworth built his first slot machine in 1953, while working in his family’s dental equipment company. He parlayed that into Aristocrat Leisure Industries, which remains one of the top slot-makers today.

After leaving Aristocrat in 1994, he launched Ainsworth Game Technology a year later. The company, which Ainsworth still heads as executive chairman, has captured a 35 percent share of its home Australian market, as well as big shares of markets in Asia and elsewhere and, most recently, making inroads in the North American market. Ainsworth stock has risen 145 percent in the past year, making Len Ainsworth a billionaire all over again.

Asked by the Australian publication BRW how he was going to spend his birthday, the indefatigable Ainsworth replied, “At work! I’m going to go to work in the normal fashion, but tomorrow night I’m having a bit of a party.”

The publication reported that the “bit of a party” included around 400 guests.

 

    Recent Feature Articles

  • A Good Bet

    As AGS prepares to return to private ownership, stock analysts and industry experts acknowledge that the company’s future is a good bet, private or public.

  • Taxing Problem

    Wagering tax hikes could shrink markets, have unintended consequences.

  • Cashless Crescendo

    The ongoing migration to a cashless casino experience.

  • Hold for Gold, Spin to Win

    Why hold-and-spin games have come to dominate the slot industry.

  • Ronnie Johns: A Life in the Hot Seat

    Following three years as chairman of the Louisiana Gaming Control Board and close to 40 years in public service, Ronnie Johns steps down.