Aristocrat Enters Online Gaming
By nisha
Aristocrat Leisure Ltd, the Australian company that’s bought Las Vegas-based Casino Data Systems has claimed they now look forward to a higher profile and increased flexibility and a $USD liability to hedge against CDS cash flows. Shareholders at CDS approved the merger last week, and it is subject to regulatory approvals. Aristocrat, which specialises in technology-driven gaming products and also casino management software, has recently been granted approval to sell one of its slot machines in Nevada, a move US industry experts say will likely sharpen competition as the expanding market makes room for more players.
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