{"id":207,"date":"2024-06-18T13:31:56","date_gmt":"2024-06-18T10:31:56","guid":{"rendered":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/18\/aristocrat-leisure-weathers-pandemic-with-digital-growth-despite-profit-drop\/"},"modified":"2024-06-20T16:58:58","modified_gmt":"2024-06-20T13:58:58","slug":"aristocrat-leisure-weathers-pandemic-with-digital-growth-despite-profit-drop","status":"publish","type":"post","link":"https:\/\/lionslotsnodepositbonuscodes.icu\/2024\/06\/18\/aristocrat-leisure-weathers-pandemic-with-digital-growth-despite-profit-drop\/","title":{"rendered":"Aristocrat Leisure Weathers Pandemic With Digital Growth Despite Profit Drop"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/3FwZv7aVwgA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Australian gaming powerhouse, Aristocrat Leisure, experienced a substantial profit reduction during the 2020 financial year. Their declared earnings after taxes but before depreciation and amortization plummeted by 47% in comparison to the preceding year, reaching a total of AU$476.6 million (roughly US$348.8 million). This decrease occurred despite the firm generating AU$4.14 billion in income. Nevertheless, this revenue figure signifies a 6% decline when contrasted with the prior year.<\/p>\n<p>A positive aspect for the company was its digital division, which emerged as their most lucrative area, constituting 57% of overall income. This robust performance in the digital realm underscores the continuing transition towards internet-based gaming, a pattern intensified by the worldwide health crisis.  Trailing closely behind the digital sector was the Americas territory, responsible for 33% of the total revenue.<\/p>\n<p>In the face of obstacles presented by the COVID-19 pandemic, Aristocrat displayed adaptability.  As anticipated, their land-based operations were adversely affected due to closures and limitations related to the pandemic.  However, the corporation maintains a positive outlook on the future, expressing assurance in a &#8220;prolonged path of superior, enduring expansion.&#8221; This confidence is supported by their solid financial position, minimal debt, and a healthy financial statement. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian gaming powerhouse, Aristocrat Leisure, experienced a substantial profit reduction during the 2020 financial year. Their declared earnings after taxes but before depreciation and amortization plummeted by 47% in comparison to the preceding year, reaching a total of AU$476.6 million (roughly US$348.8 million). This decrease occurred despite the firm generating AU$4.14 billion in income. [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Aristocrat Leisure<\/title>\n<meta name=\"description\" content=\"Australian gaming giant Aristocrat Leisure saw profits drop in 2020, despite generating AU$4.14 billion in revenue. Is this a sign of trouble or just a blip on the radar? 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