Aristocrat Leisure Surges on A$1bn Buyback
Aristocrat Leisure (ASX:ALL) surged more than 13% today after delivering a strong half-year result and lifting its buyback by another A$1 billion. The company also raised its interim dividend to 50 cents per share. What makes the move stand out is the context. The stock had fallen around 17%…
Gaming Stocks
Tabcorp Shares Plunge After AUSTRAC Probe
Tabcorp Holdings (ASX:TAH) shares were hammered today after the wagering giant told the market it is the subject of a new AUSTRAC enforcement investigation. The stock briefly fell as much as 28% to an intraday low of A$0.82 before recovering slightly to close at around A$0.88, a 23% drop…
Light & Wonder (ASX:LNW) grew Q1 revenue to US$790 million, but net income fell as legal, interest and amortisation costs rose.
Knowing how to read a balance sheet is a key skill investors need to know, because the balance sheet is the most underrated document in an annual report. Most new investors skip straight to earnings - perhaps not knowing how importance the balance sheet is or having an appreciate but not knowing how to read…
Add a new term to your vocabulary: The Iran Ceasefire Rally. The rally on the ASX yesterday, that saw our bourse rise over 2.5% in its best day in several months, occurred amidst a 2 week suspension of hostilities in Iran. And the ASX was not alone with Asian markets and North American futures rallying,…
There are hard questions investors need to ask about their portfolio every now and again, because anyone telling you there's such a thing as a 'set and forget' investment is wrong. Markets evolve, company fundamentals shift, and macro conditions change, yet many portfolios are left largely unchecked. The most rational approach is to periodically interrogate…
The Australian gaming industry is changing rapidly, driven not by new game mechanics or floor designs, but by the underlying financial infrastructure that powers the sector. For decades, ASX-listed gaming giants have relied on traditional banking rails to process billions in turnover. However, as we move through 2026, the friction inherent in legacy financial systems…
Star Entertainment turns EBITDA positive but survival risks remain
Star Entertainment (ASX: SGR) plunged 16 per cent to A$0.14 on Friday despite reporting its first positive underlying EBITDA in several quarters. The casino operator posted A$301 million in revenue for the December quarter, up 6 per cent from the previous period. More importantly, it delivered…
New Zealand has a relatively small population, yet some of its gambling businesses make big money. But, in terms of investments, the real story for 2026 is how it's about to regulate and legalise online casinos. Kiwis are proven big gamblers at offshore sites and in sports betting, and interest is only expected to grow…
Betr Entertainment jumps on strong growth and a major share buyback
Betr Entertainment (ASX: BBT) closed at A$0.26 on Thursday, representing strong gains for the week after announcing quarterly numbers that got the market excited. The digital betting company grew turnover by 24.5% and revealed plans to buy back up to 10% of its shares.…
