May 4, 2018 / 12:28 AM / a year ago

Australia's Ainsworth Game Technology halves H2 profit estimate

May 4 (Reuters) - Australia’s Ainsworth Game Technology slashed its expected pre-tax profit for the second half of the financial year on Friday and now expects profit without currency movements to be around A$20 million ($15.06 million).

Domestic sales expectations for the period were hit by factors such as competition and regulatory approval delays for its products, the company said in a statement.

Ainsworth had previously forecast profit before tax of slightly more than A$42.2 million.

$1 = 1.3280 Australian dollars Reporting by Devika Syamnath in Bengaluru Editing by Paul Tait

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