Business
Aristocrat trials cashless pokies as gamblers go online – The Australian Financial Review
Aristocrat said the pandemic had battered sales of physical gambling machines, as player purchases for online activities jumped 28.9 per cent in the six months…
The stock closed 0.12 per cent up to $40.70.
Net profit after tax at the gaming business dived 73.5 per cent from $1.3 billion to $346.5 million.
But on Aristocrats preferred measure, of normalised profit after tax and before amortisation of acquired intangibles (NPATA), earnings rose 11.8 per cent to $411.6 million.
Aristocrat chief executive officer and managing director Trevor Croker expects uncertain and volatile conditions in the near term and said the company was closely monitoring key factors…
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