{"id":133,"date":"2024-06-15T11:32:18","date_gmt":"2024-06-15T08:32:18","guid":{"rendered":"https:\/\/luckycreek100nodepositbonus2024.icu\/2024\/06\/15\/aristocrat-leisure-weathers-covid-19-storm-with-strong-online-performance\/"},"modified":"2024-06-17T13:11:34","modified_gmt":"2024-06-17T10:11:34","slug":"aristocrat-leisure-weathers-covid-19-storm-with-strong-online-performance","status":"publish","type":"post","link":"https:\/\/luckycreek100nodepositbonus2024.icu\/2024\/06\/15\/aristocrat-leisure-weathers-covid-19-storm-with-strong-online-performance\/","title":{"rendered":"Aristocrat Leisure Weathers COVID-19 Storm with Strong Online Performance"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/pflkxvzT8mo\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Australian gaming powerhouse, Aristocrat Leisure, experienced a notable decline in its financial results for the fiscal year concluding September 30, 2020.  Earnings after taxes and excluding non-recurring expenses tumbled by 47% to AU$476.6 million (roughly US$348.8 million), a direct consequence of the worldwide COVID-19 crisis.<\/p>\n<p>Despite the difficult environment, the firm still generated AU$4.14 billion in overall income.  Although this signifies a 6% reduction compared to the prior year, it underscores their adaptability amidst widespread shutdowns of casinos and gaming establishments.  Their online division emerged as a bright spot, accounting for a substantial 57% of total income.  The Americas persisted as a crucial market, comprising 33% of overall revenue.<\/p>\n<p>Aristocrat recognized the severe effects of the pandemic on their brick-and-mortar operations, especially from March onward as lockdowns and physical distancing protocols were implemented.  Nevertheless, they maintain a positive outlook on the future, referencing their &#8220;capacity to sustain a long-term path of superior, enduring expansion.&#8221; This assurance is supported by their solid financial position, including ample cash flow, minimal debt, and a strong balance sheet.  As of September 30, 2020, Aristocrat held operating permits across 328 jurisdictions in 84 nations and employed over 6,000 individuals globally, with a significant number situated in the United States. <\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >Australian gaming powerhouse, Aristocrat Leisure, experienced a notable decline in its financial results for the fiscal year concluding September 30, 2020. Earnings after taxes and excluding non-recurring expenses tumbled by 47% to AU$476.6 million (roughly US$348.8 million), a direct consequence of the worldwide COVID-19 crisis. [&hellip;]<\/p>\n","protected":false},"author":59,"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 Hit by COVID-19, Profits Down 47%<\/title>\n<meta name=\"description\" content=\"Australian gaming giant Aristocrat Leisure saw profits plummet due to the global pandemic. Despite the challenges, the company still generated billions in revenue. 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