Ainsworth’s Neumann Resigns Amid Licensing Issue

Harald Neumann has resigned his post as CEO of Australian slot supplier Ainsworth Game Technology after facing regulatory challenges related to his Nevada gaming license application.

Ryan Comstock, the company’s chief operating officer, will serve as interim CEO as the company initiates a search for Neumann’s successor.

The Ainsworth board acknowledged Neumann’s service without providing detailed reasons for his resignation. The appointment of Comstock as interim CEO aims to provide leadership continuity while the company addresses these regulatory and governance challenges.

The Ainsworth CEO’s resignation came after the Nevada Gaming Control Board recommended that Neumann withdraw his application for a state gaming license, a requirement for doing business in the Nevada market.

According to reports from the board, Neumann was considered unsuitable for licensing due to multiple regulatory issues, including failure to disclose key personal information, violation of company fraternization policies, and conduct described by officials as hostile, belligerent and intentionally misleading during the licensing process.