0103 GMT - Aristocrat Leisure's (ALL.AU) US$500 million deal to buy mobile-game developer Plarium opens billions of dollars worth of new markets for the Australian slot-machine manufacturer. Aristocrat already had exposure to the $3.2 billion social-casino market through 2012's buy of developer Product Madness. But CEO Trevor Croker says Plarium opens up the strategy. Including Plarium, Aristocrat's digital business will make up 22% of revenue, versus 14% now. Aristocrat jumps 5.1%, putting the year's pop at 41%. ([email protected]; @Mike_Cherney)
(END) Dow Jones Newswires
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$66.49 |
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Mkt cap ! $36.16B | |||
| Open | High | Low | Value | Volume |
| $67.50 | $67.50 | $65.92 | $138.3M | 2.127M |
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| No. | Vol. | Price($) |
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| 6 | 42920 | $66.49 |
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| Price($) | Vol. | No. |
|---|---|---|
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