Aristocrat Leisure Ltd (ALL)

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Aristocrat Leisure Ltd (ALL) Profile

Aristocrat Leisure Ltd (ALL.xasx) is a gambling machine manufacturer headquartered in Sydney, Australia. Aristocrat is the largest gambling machine manufacturer in Australia and one of the largest manufacturers of slot machines globally, offering a range of products and support services to the gaming industry and manufacturing gaming machines, designing games and providing gaming systems, consulting services, and gaming accessories. The company has marketing and development offices in Russia, the United States and South Africa and employs 6,500 people across 23 global locations. Aristocrat has several distribution partnerships, including Sammy Corporation in Japan, and in October 2021, announced a bid to buy Playtech for $3.7B (USD). Aristocrat Leisure Ltd stock is listed on the Australian Securities Exchange (ASX) and has a market capitalisation of $29.47B (AUD) as of January 2022. Aristocrat continues to invest in expanding digital game pipeline and portfolio diversification for growth by acquiring Helsinki-based free-to-play mobile gaming studio Futurplay, establishing a further Helsinki-based studio, Northern Stars, and acquiring Playsoft, the Gdansk in Poland based mobile gaming studio.

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Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 17055

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