{"id":108,"date":"2024-06-14T20:42:03","date_gmt":"2024-06-14T17:42:03","guid":{"rendered":"https:\/\/godofgambling.icu\/2024\/06\/14\/aristocrat-leisure-reports-earnings-decline-amidst-pandemic-challenges\/"},"modified":"2024-06-17T12:57:51","modified_gmt":"2024-06-17T09:57:51","slug":"aristocrat-leisure-reports-earnings-decline-amidst-pandemic-challenges","status":"publish","type":"post","link":"https:\/\/godofgambling.icu\/2024\/06\/14\/aristocrat-leisure-reports-earnings-decline-amidst-pandemic-challenges\/","title":{"rendered":"Aristocrat Leisure Reports Earnings Decline Amidst Pandemic Challenges"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/WhDU5jJXzCA\"\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 substantial decline in its fiscal outcomes for the year concluding September 30, 2020.  Their earnings after taxes but before singular expenditures tumbled by 47% compared to the prior year, reaching AU$476.6 million (roughly US$348.8 million).<\/p>\n<p>Although overall income for the year amounted to AU$4.14 billion, a 6% reduction from the preceding year, their primary profitability indicator (EBITDA) suffered a more pronounced blow, decreasing by 32% to AU$1.09 billion.  A bright spot for Aristocrat was the showing of their online gaming sector, which now constitutes a considerable 57% of their total income.  Their activities in the Americas persisted as a robust factor, representing 33% of overall revenue.<\/p>\n<p>Notwithstanding the obstacles presented by the worldwide COVID-19 crisis, Aristocrat maintained a positive outlook on its prospects. They underscored their solid financial standing, emphasizing their ample cash holdings, minimal indebtedness, and a resilient financial statement.  <\/p>\n<p>Predictably, the pandemic notably affected their land-based gaming activities, especially from March onward.  Establishment shutdowns, limitations on visitor numbers, and physical distancing protocols all played a part in the downturn of this segment.  Nevertheless, the corporation expressed confidence in its capacity to weather these difficulties and sustain a long-range path of superior, enduring expansion. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australian gaming powerhouse, Aristocrat Leisure, experienced a substantial decline in its fiscal outcomes for the year concluding September 30, 2020. Their earnings after taxes but before singular expenditures tumbled by 47% compared to the prior year, reaching AU$476.6 million (roughly US$348.8 million). Although overall income for the year amounted to AU$4.14 billion, a 6% reduction [&hellip;]<\/p>\n","protected":false},"author":21,"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 a significant drop in profits for the fiscal year ending September 30, 2020. 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