{"id":105,"date":"2024-06-14T16:44:50","date_gmt":"2024-06-14T13:44:50","guid":{"rendered":"https:\/\/nodepositbonuscasino.icu\/2024\/06\/14\/ainsworth-game-technology-secures-35-million-credit-facility-with-western-alliance-bank\/"},"modified":"2024-06-17T12:54:34","modified_gmt":"2024-06-17T09:54:34","slug":"ainsworth-game-technology-secures-35-million-credit-facility-with-western-alliance-bank","status":"publish","type":"post","link":"https:\/\/nodepositbonuscasino.icu\/2024\/06\/14\/ainsworth-game-technology-secures-35-million-credit-facility-with-western-alliance-bank\/","title":{"rendered":"Ainsworth Game Technology Secures $35 Million Credit Facility with Western Alliance Bank"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/s6FcG_g-KSk\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Australian gaming machine manufacturer, Ainsworth Game Technology (AGT), has established a fresh $35 million line of credit with Western Alliance Bank (WAB).  This five-year agreement supersedes a prior agreement with ANZ Bank and affords AGT enhanced financial adaptability.<\/p>\n<p>Ainsworth intends to utilize $28 million from the new credit line to completely settle its outstanding obligations to ANZ.  The corporation will furnish additional particulars regarding the new funding arrangement upon the release of its half-year financial outcomes on February 25th.<\/p>\n<p>This development follows Ainsworth&#8217;s announcement of a robust revenue resurgence over the latter six months of 2020.  The company disclosed $72 million in revenue, a 71% surge compared to the second half of 2020, albeit still reflecting a 33% year-over-year decline attributed to the lingering pandemic&#8217;s effects on its operations.  Notwithstanding the obstacles, Ainsworth anticipates a return to profitability within the first half of 2021, forecasting earnings before interest, taxes, depreciation, and amortization (EBITDA) of $6 million. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian gaming machine manufacturer, Ainsworth Game Technology (AGT), has established a fresh $35 million line of credit with Western Alliance Bank (WAB). This five-year agreement supersedes a prior agreement with ANZ Bank and affords AGT enhanced financial adaptability. Ainsworth intends to utilize $28 million from the new credit line to completely settle its outstanding [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ainsworth Game Technology Secures $35M Credit Line with Western Alliance Bank<\/title>\n<meta name=\"description\" content=\"Leading gaming machine manufacturer, Ainsworth Game Technology (AGT), has secured a new $35 million credit line with Western Alliance Bank, providing enhanced financial flexibility for future growth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/14\/ainsworth-game-technology-secures-35-million-credit-facility-with-western-alliance-bank\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ainsworth Game Technology Secures $35 Million Credit Facility with Western Alliance Bank\" \/>\n<meta property=\"og:description\" content=\"Leading gaming machine manufacturer, Ainsworth Game Technology (AGT), has secured a new $35 million credit line with Western Alliance Bank, providing enhanced financial flexibility for future growth.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/14\/ainsworth-game-technology-secures-35-million-credit-facility-with-western-alliance-bank\/\" \/>\n<meta property=\"og:site_name\" content=\"Where Casino Dreams Come True | Licensed Online Gaming Platform\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-14T13:44:50+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T09:54:34+00:00\" \/>\n<meta name=\"author\" content=\"Charlotte &quot;Cinder&quot; Baker\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Charlotte &quot;Cinder&quot; Baker\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/14\/ainsworth-game-technology-secures-35-million-credit-facility-with-western-alliance-bank\/\",\"url\":\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/14\/ainsworth-game-technology-secures-35-million-credit-facility-with-western-alliance-bank\/\",\"name\":\"Ainsworth Game Technology Secures $35M Credit Line with Western Alliance Bank\",\"isPartOf\":{\"@id\":\"https:\/\/nodepositbonuscasino.icu\/#website\"},\"datePublished\":\"2024-06-14T13:44:50+00:00\",\"dateModified\":\"2024-06-17T09:54:34+00:00\",\"author\":{\"@id\":\"https:\/\/nodepositbonuscasino.icu\/#\/schema\/person\/66aa90d05192dc15f7d475d86e9dc496\"},\"description\":\"Leading gaming machine manufacturer, Ainsworth Game Technology (AGT), has secured a new $35 million credit line with Western Alliance Bank, providing enhanced financial flexibility for future growth.\",\"breadcrumb\":{\"@id\":\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/14\/ainsworth-game-technology-secures-35-million-credit-facility-with-western-alliance-bank\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/14\/ainsworth-game-technology-secures-35-million-credit-facility-with-western-alliance-bank\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nodepositbonuscasino.icu\/2024\/06\/14\/ainsworth-game-technology-secures-35-million-credit-facility-with-western-alliance-bank\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/nodepositbonuscasino.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ainsworth Game Technology Secures $35 Million Credit Facility with Western Alliance Bank\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nodepositbonuscasino.icu\/#website\",\"url\":\"https:\/\/nodepositbonuscasino.icu\/\",\"name\":\"Where Casino Dreams Come True | Licensed Online Gaming Platform\",\"description\":\"Explore the latest trends and insights in the online gambling industry through our up-to-date news, honest reviews, and expert articles. 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