ALL 0.14% $29.61 aristocrat leisure limited

From the newswires... Credit Suisse's industry checks suggest...

  1. drg
    1,442 Posts.
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    From the newswires...

    Credit Suisse's industry checks suggest that slot-machine maker Aristocrat Leisure's new Dragon Link machine is "off to a great start." So the investment bank remains confident its forecast for 20,000 participation units, an arrangement where casinos and Aristocrat share revenue, will be reached in North America by mid-2019. That recurring revenue is considered more stable than selling slot machines, which goes through cycles. Credit Suisse adds that a cause for concern is the Heart of Vegas app possibly experienced weak revenue in December. Shares are up 0.9% today, erasing most of yesterday's drop. ([email protected]; @Mike_Cherney)

    *DJ Aristocrat Leisure Price Target Raised 2.8% to A$25.30/Share by Credit Suisse
 
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