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Aristocrat announces inaugural gaming industry International Women’s Day
Aristocrat Gaming announced its inaugural gaming industry International Women's Day (IWD) event, set to take place on March 8, 2024, at the Sofitel Manila in the Philippines.
Donaco’s Aristo revenue up 45% quarterly due to China reopening
Aristo International Hotel, located in Vietnam near the Chinese border, has reported an increase in revenue and EBITDA following an influx of tourism from China.
Donaco International results continue to improve in 2Q23
Cambodian and Vietnamese casino operator Donaco International has reported revenue of AU$9.71 million ($6.1 million) for the third quarter of this year, marking an increase of 53 percent from the previous year.
IGSA launches Cyber Resiliency Committee, supported by Aristocrat and Light & Wonder
The International Gaming Standards Association (IGSA) has announced the creation of a ‘Cyber Resiliency Committee (CRC)’ supported by gaming machine manufacturers Aristocrat and Light & Wonder ‘to create standards for cyber risk management, cybersecurity governance and framework control standards for casino operators and their ecosystem’.
Donaco International names Joan Dabon as new secretary
Cambodian and Vietnamese casino operator Donaco International announced the appointment of Joan Dabon as company secretary, effective immediately.
Your Daily Asia Gaming eBrief: Aristocrat acquiring NeoGames for $1.2 billion
Australian gaming machine group Aristocrat is moving hard into the RMG space, announcing the acquisition of NeoGames for $1.2 billion, all to be settled with cash on hand. In Singapore, Genting announced strong results from Resorts World Sentosa, as regional visitation recovered, fuelling gaming demand.
Aristocrat acquiring RMG giant NeoGames for $1.2 billion
Aristocrat has announced that it has agreed to acquire RMG content and technology solutions company NeoGames for AU$1.8 billion ($1.2 billion), to be funded with ‘existing cash’.
Donaco International sees increase in 4Q22 EBITDA, hopes placed on China reopening
Cambodia and Vietnam casino operator Donaco International has continued its positive EBITDA trend seen in the third quarter, posting fourth quarter results of AU$1.78 million ($1.26 million), up from the AU$1.5 million ($1.06 million) delivered in the previous quarter and a sharp turnaround from the AU$1.24 million ($870,000) negative EBITDA recorded in 4Q21.
Donaco’s Star Vegas, Aristo, recovery in the next financial year: CEO
Donaco CEO Lee Bug Huy banks on the reopening of the Cambodia-Thailand land borders to fuel the company’s gradually recover in the next financial year.
J.P. Morgan “Overweights” Aristocrat shares
With most of the competitors of Aristocrat Leisure Ltd, based on opportunities in revenue stable gaming operations segment and possible growth dynamics amidst challenges in digital space, leading brokerage establishment J.P.Morgan has rated ALL share as “Overweight” and cites target price of A$46 per share from its current trading of A$34.11 per share.