Ainsworth brings in Levy as new CEO

Australian gaming machines and content provider Ainsworth Game Technology has named Lawrence Levy as it new CEO.

Levy will take up his new role on a full-time basis from July 1, 2019, having spent more than 37 years working in various capacities across the gaming industry.

He replaces Danny Gladstone, who announced in September of last year that he was to step down as CEO on June 30, 2019, after more than 12 years in the role. Gladstone will remain with Aristocrat in a yet-to-be-confirmed role.

Levy was most recently vice president of global sales at Novomatic, where he had been heading up sales in Europe for Ainsworth, following the Austrian gaming giant's acquisition of a controlling stake in the supplier.

Novomatic’s global sales division took control of Ainsworth’s sales management in Europe in August 2017, having already agreed to acquire a 52.52% stake in the provider for €300m (£250,100/$338,400). Novomatic finalised the purchase in January of last year.

“Lawrence is a highly respected and experienced gaming executive and I am confident that he will further assist the company to achieve its strategies to become a leading provider of innovative gaming technology to the global market,” Ainsworth chairman Graeme Campbell said of the appointment.