The stock of slot-machine maker and online games supplier Aristocrat Leisure Ltd is to be a constituent of the S&P/ASX 20 Index, from the start of trading on the Australian Securities Exchange (ASX) on June 22, according to a Friday announcement by S&P Dow Jones Indices.
Australia-listed Aristocrat Leisure will be the only gaming supplier on the S&P/ASX 20 Index. The indicator’s other constituent firms represent respectively the finance, materials, industrial, real estate, healthcare, communications, energy and consumer staples sectors.
The S&P/ASX 20 Index measures the performance of 20 “actively-traded and highly-liquid securities” that are among the largest securities listed on the Australian bourse by float-adjusted market capitalisation, according to S&P Dow Jones Indices. The rebalances of the index takes place on a quarterly basis during respectively the month of March, June, September and December.
In May, Aristocrat reported a statutory half-year profit after tax of nearly AUD1.31 billion (US$896.8 million), up 277.2 percent from the prior-year period. It said such profit was boosted by an income tax benefit of AUD925.2 million. The period covered the six months to March 31.
May 16, 2022Macau’s Court of Final Appeal announced on Monday sentences in relation to a total of nine cases concerning debt claims involving junket operators based at local casinos. In all the cases, the...
”Any reduction in [Macau gaming] tax would be positive for future profits and cash flows, all else equal”
DS Kim, Amanda Cheng and Livy Lyu
Analysts at brokerage JP Morgan Securities (Asia Pacific)