Aristocrat results fall short of expectations

23 August 2007

AUSTRALIA -- As reported by Bloomberg: "Aristocrat Leisure Ltd., the world's second-largest maker of slot machines, fell the most in three months on the Australian Stock Exchange after first-half sales in Japan were 45 percent below forecast.

"The shares fell 3.6 percent after Sydney-based Aristocrat said it sold just 11,063 games in Japan during the half, compared with a May forecast of 20,000 units.

"Chief Executive Officer Paul Oneile, who faces stalling earnings in his biggest markets of the U.S. and Australia, is struggling to revive sales of his Pachislo machines in Japan as new regulations curbing payouts prove less popular with gamblers. Aristocrat marketed four new games in the half with demand for its `Danceman' machine falling short of expectations.

"...Aristocrat shares fell 48 cents to A$12.85 at the 4:10 p.m. close of trading in Sydney, extending this year's decline to 19 percent. The stock was the biggest decliner in the Morgan Stanley Capital International World Index during Asian trading hours..."


Related Links
Aristocrat Technologies, Inc. Gaming Vendor Information

Featured Vendors
Sunkist Graphics, Inc.
Casino City Press
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
TOP ONE TECH LIMITED
.Dot-iGaming.com
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
.Dot-iGaming.com
Fully loaded advanced casino platform. One time (low) fee, 100% your property, start now!
Slot Machines Unlimited
Plastic Card ID
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Plastic Card ID
The World’s Lowest Prices on Printed Plastic Cards and Card Printers!
TDN Money Systems
TribalHub
TDN Money Systems
Cage, cash/chip handling experts representing CountR, ARCA, AccuCASH, Fujitsu & NCR
TribalHub
23rd Annual TribalNet Conference Sept 12-15, 2022 Grand Sierra Resort & Casino in Reno, NV
Oklahoma Indian Gaming Association (OIGA) Conference
Betson Imperial Parts & Service
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: Aug 9-11, 2022 in Tulsa!
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Broadband Hospitality
Kallop
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
Kallop
Reward every play like a VIP with exclusive luxury brands at affordable prices.
AmericanChecked
Imagine This
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Casino Network
Rymax Marketing Services, Inc.
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Casino Schedule Ease
Global Gaming Expo (G2E)
Casino Schedule Ease
Get a 90-Day Free Trial of 100% contactless, customizable table game & full casino scheduling
Global Gaming Expo (G2E)
The largest gathering of global, commercial and tribal gaming professionals in North America.
Talisman Group Creators of EZ Baccarat
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.


Your Guide to 15,522 Gaming Industry Suppliers