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Ainsworth Game Technology Limited (ASX:AGI)

ALERT: Price-sensitive ASX Announcement for AGI
Current share price for AGI : $1.200 0.125 (11.63%)+
Announcement
Release
14 Aug 2026 9:31AM
Price at Release
$1.075
Full Release
download
Summary
Ainsworth Game Technology Limited (AGI) has entered a patent licence agreement with Aristocrat Technologies Australia Pty Limited. This agreement allows AGI to utilize certain Aristocrat patents, including game play feature patents like the Australian Hold & Spin™ patent family, in the Australian market. Additionally, AGI has acquired a royalty-free licence for responsible gaming patents. In return, Aristocrat is granted similar rights over Ainsworth's patents. Both companies agreed to release each other from any past claims related to these patents and established a mutual non-challenge covenant. AGI will pay Aristocrat A$8,500,000 over three and a half years.
Key Points
  • Ainsworth Game Technology Limited has entered into an agreement with Aristocrat Technologies Australia Pty Limited.
  • The agreement allows Ainsworth to use certain Aristocrat game feature patents in the Australian market.
  • Ainsworth has obtained a non-exclusive and non-transferable licence for Aristocrat’s Australian game play feature patents and responsible gaming patents.
  • Aristocrat has been granted a non-exclusive and non-transferable licence over all of Ainsworth's patents for Aristocrat branded products in Australia.
  • Both parties have released each other from all claims relating to past use of the licensed patents and agreed on a mutual non-challenge covenant.
  • Ainsworth will pay Aristocrat A$8,500,000 in installments over the term of three and a half years.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.