Aristocrat Leisure has revealed that their interactive segment’s white-label business will be shut down, and the entire process is expected to be completed by the end of the financial year.
The main reason behind the decision to exit the business was that it barely generated any profit and there were internal return issues as well. CEO and Managing Director Trevor Croker confirmed this when he was addressing the Aristocrat Leisure’s annual general meeting in Sydney this week.
During the CEO briefing, Croker talked about Aristocrat’s performance last year, the recent changes in the executive team, and the company’s plans for the future year which included the direction of its white-label business.
Croker said:
We’ve continued to review portfolio returns and industry dynamics to optimize our positioning. We are planning to exit the white-label business in interactive, which largely operates in the UK and Europe, with an expected completion within this financial year. This business contributed $36m of revenues to the interactive result in FY25, but generated negligible profit and does not meet our internal return hurdles.
Aristocrat’s iGaming white-label division achieved its first UK deal with Vickers.Bet in August 2024, allowing the operator to access online casino and sports betting content and technology.
However, Aristocrat is now expected to abandon the white-label venture before the end of the year.
Croker, in fact, mainly used 2025 as a good year for Aristocrat, citing the company’s strong financial results and technology investments driven by a disciplined growth strategy and consistent execution. Revenue rose 11% year-over-year to $6.3 billion, EBITDA margin grew to 41.7%, and the company sorted out its lawsuit with Light & Wonder.
The company realizes that there are only certain things that it can control next year, such as the exact execution, strengthening the business, and becoming more competitive even in the face of external challenges. Aristocrat intends to grow in Asia and Europe as well as in new markets like the United Arab Emirates.
The CEO concluded:
We undertook significant foundational work in FY25 to position the business for sustainable, long-term future success. We are fully focused on delivering the high-quality performance and growth you rightly expect from us and we are confident we are capable of delivering.
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