Aristocrat Entertainment’s entry into the real money online gaming space is a matter of when not if and it’s strategy is likely to be to build the business through acquisitions, J.P. Morgan analyst Don Carducci wrote in a note commenting on the company’s latest earnings report.
“We assume multiple acquisitions of small-to-medium size, as cash remains ALL’s lever for digital & additional investment/acquisitions to vertically integrate a strategy,” he wrote.
J.P. Morgan expects digital gaming revenue growth will rise 4.5 percent in H1,2021 to $1.09 billion and for the second half to be up 8.2 percent supported by new social gaming titles.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
The Philippines has extended a ban on flights from the U.K. following the discovery of a new strain of Covid-19, but said it won't ban other nations unless there is evidence of community transmission in that country.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.