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Casino
April 26, 2022
MGM Resorts Adds Buffalo Zone by Aristocrat to Beau Rivage
Aristocrat and MGM Resorts International have negotiated an exclusive partnership that features the opening of a now-available Buffalo Zone at the Beau Rivage Resort & Casino owned by MGM. The 1,500-square-foot gaming parlor will focus on Buffalo-themed slot games featured and developed by Aristocrat. Buffalo-themed Slots for Everyone in Beau Rivage The space will be […]
Business
April 13, 2022
IGT and Aristocrat Sign Complex Patent Deal for Cross-Licensing
Global gaming equipment and content provider International Game Technology Plc (IGT) has agreed to sign a complex patent cross-licensing deal with its industry rival Aristocrat Leisure Ltd. The agreement will cover a series of important patents tied to remote game server (RGS) solutions and game features. The financial terms of the deal have remained undisclosed. […]
Business
March 9, 2022
Aristocrat Leisure Relocates Ukrainian Workforce, Cuts Ties with Russia
Australian gaming machine manufacturer Aristocrat Leisure Limited has become the latest to join the ranks of industry companies that have cut ties with Russia over its illegal invasion of Ukraine. The company said that it would suspend any existing business ties for the time being and assured that the move would not impact its earnings. […]
Business
March 7, 2022
Aristocrat’s Playtech Bid Voted Down by UK Tier One Institutions
Former chief executive officer at Playtech Tom Hall pointed the finger at Aristocrat for orchestrating the campaign around the group of Asian investors who supposedly built a blocking stake at Playtech before the shareholder vote and acted in concert to block Aristocrat’s bid, The Financial Times reported. False Conduit Claims and Share Purchase Timings The […]
Casino
February 3, 2022
Aristocrat Machines Pay Out $2M Jackpots to Arizona, Florida Players
Nothing can beat the excitement of winning a jackpot. Only recently, one resident in Florida and Arizona each turned out to be quite lucky and collected significant jackpots by playing Aristocrat Gaming’s slot machines. Florida Man Goes Home with $1.3 Million Undoubtedly, one lucky Florida resident will always remember the date January 28, 2022. On […]
Business
February 2, 2022
Playtech Shareholders Leave Aristocrat Empty-Handed
Playtech announced today the £2.1 billion ($2.85 billion) bid Australian slot manufacturer Aristocrat tabled in October last year failed to gather the required shareholder approval and has been terminated while the proposed acquisition scheme will now lapse. Vote Failed to Pass Threshold The majority of Playtech shareholders voted in favor of the proposal at the […]
Business
January 5, 2022
Playtech and Aristocrat Shareholder Meetings Delayed Over JKO Interest
Playtech has decided to postpone shareholder meetings in which Aristocrat’s takeover is set to be approved as a way to buy more time to discuss with JKO Play on a potential bid. Up until recently, Aristocrat was the frontrunner to acquire Playtech as the two companies agreed to a $3.7 billion deal in October 2021, […]
Business
December 22, 2021
Aristocrat, Playtech Concerned Over Asian Playtech Investors
As far as acquisitions go, Aristocrat’s purchase of Playtech has been run of the mill. There has been back-and-forth over price and even a few unexpected bids appearing. None of that was enough to cause the deal to lose focus. However, the sudden interest in Playtech stock out of Asia has both companies raising a […]
Business
December 8, 2021
Wynn Resorts Secures Top CFO Talent from Aristocrat
Wynn Resorts Ltd. has announced the appointment of Julie Cameron-Doe as its new chief financial officer. Cameron-Doe will step into her new position in the second quarter of 2022 as she is currently winding down from her responsibilities as CFO at Aristocrat Leisure Ltd. She is a long-standing industry veteran whose experience spans numerous companies. […]
Business
December 2, 2021
Aristocrat Acquisition of Playtech Still on Course to Complete in Q2, 2022
Australian gaming manufacturer Aristocrat Leisure Ltd. is closer to the acquisition of Playtech plc. Playtech has confirmed that the sale of its financial division, Finalto, will proceed as intended after shareholders gave their approval on Wednesday. The company is divesting the division to Gopher as it prepares to be acquired by Aristocrat. Finalto Sale Paves […]