ALL 2.35% $29.92 aristocrat leisure limited

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    Early signs from the few venues that have reopened are showing strong demand from customers. But only a few venues have reopened to date, resulting in excess demand as the broader population is released from the long period of isolation. This is likely to moderate as more venues open.

    Venues are prioritising space to slots over tables and bingo areas. So while machines need to be more spaced out, the reduction in slot floor capacity will not be as great as it is for tables and bingo as slots are reallocated into those areas.

    Aristocrat continues to have the premium performing games and is gaining floor share. Aristocrat’s competitors are likely to be more vulnerable to having units removed. To date, Aristocrat is not seeing many of its boxes handed back at this early stage.
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