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
- 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.