KEY POINTS
Ainsworth Game Technology (ASX: AGI) jumped 16.79% to A$1.60 on Friday, even as the broader market fell about 0.68%.
The trigger was the resignation of chairman Danny Gladstone and company secretary Mark Ludski, over reports of A$10m and A$5m payments made to them by founder Len Ainsworth after he sold his…
Gaming Stocks
Gaming stocks have been getting more attention lately, mostly because online gambling keeps growing and pulling more money into the sector. What used to feel like a smaller industry is now turning into something much bigger.
The online gambling market was worth around USD 95.5 billion back in 2024, and it’s kept moving up since…
PlaySide Studios (ASX:PLY) flags a roughly A$4m FY27 revenue hit after Meta terminates its Horizon Worlds outsourced development contracts.
Ainsworth Game Technology (ASX:AGI) flagged a A$1 million H1CY26 pre-tax profit as North American revenue slid 24%.
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%…
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…
