Oriana Branon will oversee all external and internal communications for the Gaming division as a member of the executive leadership team, reporting to CEO of Aristocrat Gaming, Hector Fernandez.
Aristocrat Leisure is the top pick in Australian gaming for analysts at J.P. Morgan, who expect the company to post an almost 20 percent gain in revenue this year.
The monthly AGEM Index rose by 20.68 points to 883.10 in May from the prior month, marking a 2.4 percent increase from April, pushed up by Konami and Aristocrat.
Despite mixed operating conditions and supply chain disruptions, Australia-listed Aristocrat Leisure reports a 41 percent increase in NPATA in the six months ended March 31, 2022, and says it is accelerating its investments in the online real money gaming space.
Aristocrat Leisure’s strong credit metrics would support a plan to expand in real money online gaming through mergers and acquisitions, Fitch Ratings said in a note.
Aristocrat Leisure Limited and International Game Technology have entered into a ten-year patent cross-licensing agreement which will cover a wide range of utility and hardware design patents including those for remote game server technologies.
Australian gaming supplier Aristocrat Leisure announced today that following the resignation of its CFO Julie Cameron-Doe in December last year, the executive will serve her last day with the company on Friday, April 15, 2022.
Aristocrat Leisure says it has been assisting its Ukraine-based employees and their families relocate, while it has suspended the operation of its mobile games in Russia amid the ongoing crisis.
Aristocrat said it’s forming a new business division, which will be headed by Mitchell Bowen, to accelerate its plans to develop real money online gaming.
J.P. Morgan has cut its share price target on Aristocrat Leisure after the failure of its bid for Playtech, but said it retains its “overweight” rating on the stock.