Aristocrat Leisure

Good news has been in short supply for gaming machine manufacturer Aristocrat Leisure in recent years. But the recent watering down of federal independent MP Andrew Wilkie’s proposed ‘mandatory pre-commitment’ reforms is undoubtedly positive (see box in Aristocrat’s turnaround jackpot? from 28 Sep 11 (Speculative Buy – $1.98) for an explanation of mandatory pre-commitment). Rather than legislate to introduce his reforms, the government has instead proposed a trial in the Australian Capital Territory in 2013. Manufacturers will be required to make new machines ready for mandatory pre-commitment from that date, although any national rollout would not occur before 2016....

Good news has been in short supply for gaming machine manufacturer Aristocrat Leisure in recent years. But the recent watering down of federal independent MP Andrew Wilkie’s proposed ‘mandatory pre-commitment’ reforms is undoubtedly positive (see box in Aristocrat’s turnaround jackpot? from 28 Sep 11 (Speculative Buy – $1.98) for an explanation of mandatory pre-commitment).

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