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Aristocrat’s H1 Financials Shine as They Benefit from Aggressive Expansion

Global gaming solution provider Aristocrat Leisure has reported positive financial results for the first half (H1). The company’s focus on diversifying its portfolio through strategic acquisitions is already paying dividends, ensuring fiscal stability despite macroeconomic pressures. North American operations performed exceedingly well, justifying further investments in the region. Revenue Growth Retains Its Momentum Aristocrat’s H1 […]

Caesars Releases Q1 Report and Aims to Minimize Unpaid Debt

Caesars Entertainment has published its Q1 2023 report, highlighting its financial performance during the period. The company recorded rising net revenues, while net losses continued to decrease. In Q1 2023, Caesars saw its quarterly revenues rise to $2.8 billion, representing an increase of 23.7% from Q1 2022’s results. Meanwhile, the company’s net losses decreased as […]

Sydney Man Contemplates Life After Considering His Cat Instead of Suicide

Australia is currently the country with the highest number of gambling machines per capita in the world. Poker machines, popular as pokies, are everywhere. People can engage in betting on those machines in pubs, bars, clubs and even hotels. This widespread availability helped increase the popularity of the pokie machines and sadly, results in millions […]

Critics Claim NSW’s Pokies Industry Has Revived by Exploiting Vulnerable Individuals

Liquor and Gaming NSW, a regulatory body responsible for gambling in the Australian state of New South Wales, has published the local pokies industry’s 2022 results. The financial figures show that the sector has rebounded since the end of the COVID-19 pandemic but some fear this might be at the expense of the players’ safety. […]

GLPI’s Q1 Results Showcase the Triumph of Its Diversification Plan

Gaming and Leisure Properties (GLPI) has published its financial results for the first quarter of the year. The company recorded favorable results with metrics increasing across the board. As reported by GLPI, the total company revenue increased by 12.7% year-on-year to $355 million. Its income from operations, meanwhile, skyrocketed from $199.8 million in Q1 2022 […]