Aristocrat Shifts Focus to Real-Money Gaming with $820M Sale of Plarium

Australian gaming leader Aristocrat Leisure Limited has finalized the sale of its mobile game development subsidiary, Plarium Global, to Modern Times Group (MTG) in a deal valued at up to $820 million. This transaction aligns with Aristocrat’s strategic objective to concentrate resources on core areas, such as real-money gaming and social casino offerings, reflecting a […]

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Nov 12, 2024 - 09:10
Aristocrat Shifts Focus to Real-Money Gaming with $820M Sale of Plarium

Australian gaming leader Aristocrat Leisure Limited has finalized the sale of its mobile game development subsidiary, Plarium Global, to Modern Times Group (MTG) in a deal valued at up to $820 million. This transaction aligns with Aristocrat’s strategic objective to concentrate resources on core areas, such as real-money gaming and social casino offerings, reflecting a […]