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Digital revenues soar at Aristocrat
Tuesday November 25,2014 : DIGITAL PERFORMANCE UP AT ARISTOCRAT
Fiscal FY 2014 sees digital revenues soar four-fold to $47.5 million.
The land and online gambling content and equipment supplier Aristocrat has noted in its fiscal 2014 FY report that digital performance has been outstanding, with revenues up four-fold to $47.5 million.
Other highlights from the report include:
* Net profit after tax up 10.2 percent to $118.1 million;
* Earnings per share up 6.7 percent to 20.7 cents.
* Revenue rose by 6.9 percent to $870.3 million, (excluding Japan revenue, an increase of 13 percent);
* On a net basis, a loss of $16.4 million following a debit related to the sale of the firm’s lottery business;
* Market gains in shrinking North American land gaming sector sales;
* Land machines installed rose 20 percent to 9,071 in North America;
* In Japan the pachinko slot sector slipped, resulting in a 6.2 dip in units shipped to that country;
* The release of the firm's next big game - Black Lagoon 2 - has been delayed by a rework caused by regulatory changes;
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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