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Morningstar says Aristocrat’s competitive strength still in gaming machines, not iGaming

Summary by IAG
Australian gaming giant Aristocrat remains competitively better positioned in its traditional gaming machine segment than in the online gaming space, with the market currently “too optimistic about Aristocrat’s online real-money gaming venture”, according to investment research firm Morningstar. In a note, Morningstar analyst Angus Hewitt said that although Aristocrat has been expanding its online casino presence through M&A activity such as las…
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Morningstar says Aristocrat’s competitive strength still in gaming machines, not iGaming

Australian gaming giant Aristocrat remains competitively better positioned in its traditional gaming machine segment than in the online gaming space, with the market currently “too optimistic about Aristocrat’s online real-money gaming venture”, according to investment research firm Morningstar. In a note, Morningstar analyst Angus Hewitt said that although Aristocrat has been expanding its online casino presence through M&A activity such as las…

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IAG broke the news in on Thursday, March 27, 2025.
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