Aristocrat, the slot machine giant, is not allowing staff to travel throughout Asia in response to the Coronavirus outbreak.<\/p>\n\n\n\n\n\n\n\n
Australia: As a measure to contain the Coronavirus outbreak, global slot machine company, Aristocrat Leisure, has decided to suspend all staff travel throughout Asia.<\/p>\n\n\n\n
According to the CEO and Managing Director, Trevor Croker, the company does not expect more disruptions in its operations because of the epidemic. <\/p>\n\n\n\n
\u201cAristocrat has no direct operations in mainland China and relatively small exposure to the Asian region generally,\u201d Croker told shareholders at the company\u2019s Annual General Meeting this week.<\/p>\n\n\n\n
\u201cHowever, we have been closely monitoring developments with a focus on our people, customers and supply chain. We have temporarily suspended travel in the region, and are supporting our staff in Macau and Hong Kong. We are also proactively monitoring and managing potential supply chain impacts. At this stage we do not foresee any material adverse impacts on our business, but we will keep the market updated as appropriate\u201d, he explained.<\/p>\n\n\n\n
Aristocrat is coming off another record year in 2019, with revenue rising 22.7% to AU$4.4 billion (\u20ac2.7 billion) and profit by 22.6% to AU$894.4 million (\u20ac549.3 million).<\/p>\n\n\n\n
\u201cWe expect continued growth over the 2020 fiscal full year\u201d, the CEO said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Aristocrat, the slot machine giant, is not allowing staff to travel throughout Asia in response to the Coronavirus outbreak.<\/p>\n","protected":false},"author":2,"featured_media":3746,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Aristocrat Leisure has suspended all staff travel throughout Asia in response to the Coronavirus outbreak, though CEO Trevor Croker anticipates no material adverse impacts due to limited direct exposure in mainland China. The company, coming off a record 2019 with AU$4.4 billion revenue, expects continued growth in fiscal 2020 while proactively monitoring supply chain resilience.","focusai_entities":"Aristocrat, Aristocrat Leisure, Trevor Croker","focusai_location":"Asia, Australia, China, Macau, Hong Kong","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.7), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.85)","focusai_suggestions":[{"label":"Supply Chain Diversification Strategy?","query":"Given the proactive monitoring of supply chain impacts, what specific diversification strategies or contingency plans has Aristocrat implemented to mitigate future regional disruptions?"},{"label":"Regional Revenue Exposure Breakdown?","query":"Could Aristocrat provide a more granular breakdown of its revenue exposure and GGR contribution from specific Asian markets, beyond the general 'relatively small exposure' statement, to inform investor risk models?"}],"footnotes":""},"categories":[160,16336,157,158],"tags":[512,573],"class_list":["post-3726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-australasia-news","category-business-news","category-slider-home","tag-gaming","tag-slot-machines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=3726"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3726\/revisions"}],"predecessor-version":[{"id":3757,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/3726\/revisions\/3757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/3746"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=3726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=3726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=3726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}