Global Gaming and Casinos Industry Specialist, Casino Business Review LLC

Howard J Klein

I am a 25+ year c-level executive of the casino industry in operations, marketing, international development and strategic planning. Currently, a consultant specializing in the casino space. Industry expert contributor and publisher of a subscription letter called "The House Edge". Extensive experience in marketing and development in the Asian gaming market while a senior executive at Caesars, Ballys Grand and Trump Taj Mahal.
Part of senior executive teams that valued acquisitions and mergers with companies in the casino, hotel, d entertainment rant  and restaurant space.

Global Gaming and Casinos Industry Specialist

Aristocrat Leisure's Playtech Acquisition, Entitlement and Shortfall

Equity Bottom-Up

<ul>
<li>Australia-based Aristocrat's business segment are diverse in slot machines, monitoring systems, digital social gaming. They are now also an earl mover in cashless gaming. Its fully valued, but still a buy.</li>
<li>2019 baseline results show pre-pandemic growth strong at home, in the US and Asia. 2020 showed tolerable decline under adverse conditions globally.</li>
<li>Its net earnings growth over 5 years averages 17.4% reflects a management that executes a long term strategy that is deserving of a higher valuation.</li>
</ul>


Australia-based Aristocrat's business segment are diverse in slot machines, monitoring systems, digital social gaming. They are now also an earl mover in cashless gaming. Its fully valued, but still a buy.
2019 baseline results show pre-pandemic growth strong at home, in the US and Asia. 2020 showed tolerable decline under adverse conditions globally.
Its net earnings growth over 5 years averages 17.4% reflects a management that executes a long term strategy that is deserving of a higher valuation.


Aristocrat Leisure Ltd: A Top Gaming Equipment Maker Poised for a Post-Pandemic Resumption Growth