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Aristocrat suspends dividend and aims to reduce costs by $100m

28th April 2020 8:27 am GMT
SBTech

Sydney-listed gaming supplier and social gaming operator Aristocrat Leisure has decided to suspend its interim dividend as one of a number of steps to mitigate the impact of the COVID-19 pandemic on its business.

With land-based operations delivering approximately 60 per cent of group revenue, Aristocrat noted that almost all of its customers globally had suspended operations since mid-March.

The company anticipates that venue re-openings will take place on a phased basis, with a gradual ramping up [...]

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