punts on $1.4b US asset - 8th July 2014
chief executive of Aristocrat Leisure, Jamie Odell,
insists he can get strong growth as a result of the
groups $1.4 billion acquisition of Video Gaming
Technologies even though VGTs gaming machines
do not have much presence outside of North America.
VGT focuses on so-called Class II games, which unlike
traditional gaming machines that are powered by random
number generators, are based on a bingo style game.
Analysts have questioned the size of the Class II
market, but Mr Odell maintained Aristocrat is confident
it can grow the business.