Aristocrat Leisure Limited is an Australian gambling machine manufacturer, which has its administrative and research headquarters in the Sydney suburb of North Ryde.
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10 Facts About Aristocrat Leisure
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Aristocrat Leisure was founded by Len Ainsworth, whose family maintains a substantial stake in the company, but is chairman of a different gaming company, Ainsworth Game Technology.
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Aristocrat Leisure is licensed to distribute slot machines and other gaming products in over 200 jurisdictions.
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Aristocrat Leisure's CEO blamed the US subprime mortgage crisis for poor financial results in 2008, despite the fact that competing companies have experienced record growth in the same time period.
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Aristocrat Leisure again faced difficult market conditions in 2009 with its full-year resulting in a net loss of $157.
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In July 2014 Aristocrat Leisure agreed to buy Video Gaming Technologies for about $1.
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In July 2019, Aristocrat Leisure sued Ainsworth, alleging that they had used proprietary code and media assets leaked by a former Aristocrat Leisure employee to produce a clone of its popular Lightning Link games.
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Additionally, Aristocrat Leisure announced a $500 million on-market share buyback to return some of the $1.
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Aristocrat Leisure has developed the Reel Power system, where players buy reels instead of lines, winning combinations in the standard configuration.
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The series has seen substantial popularity, to the point that Aristocrat Leisure has licensed branded areas at several North American casinos dedicated exclusively to the machines.
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