AustraliaDaily Briefs

Daily Brief Australia: Aristocrat Leisure and more

In today’s briefing:

  • Aristocrat Leisure: Buy of NeoGames &  New Asian Focus Reinforces a Long Term Bullish Outlook


Aristocrat Leisure: Buy of NeoGames &  New Asian Focus Reinforces a Long Term Bullish Outlook

By Howard J Klein

  • The gaming equipment and systems leader offers line of new Dragon themed slot machines for upcoming Year of the Dragon as spear point of expanded Asian goals.
  • Acquisition of Israel’s NeoGames at US$1b follows failed bid last year to acquire Playtech. Move will strengthen digital footprint for sports betting and iLottery.
  • We have been bullish for five years on ALL as its shares have outperformed the market.

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