Aristocrat gains social casino share as revenue rises 2%, analyst says
Aristocrat Leisure’s revenue rose 2% in December while the wider sector fell 10%, according to Jefferies analyst Kai Erman’s investor note. Erman said Aristocrat’s social casino market share increased from 13.8% to 14.7% in the third quarter of 2024, while Light & Wonder was flat. He linked the company’s prospects to its focus on social gaming and the planned disposal of Big Fish and Plarium.
The analyst’s figures indicate Aristocrat gained social casino share while competitors faced weaker revenue.