Aristocrat lays out planned exit of interactive white-label business

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Aristocrat Leisure has confirmed the planned exit of its white-label business in its interactive segment, which is expected to be completed within this financial year.

The exit is due to the negligible profit of the business as well as internal return hurdles. It was confirmed by Chief Executive Officer and Managing Director Trevor Croker during his address at the company’s annual general meeting in Sydney this week.

Croker outlined how Aristocrat had performed over the past year, the executive changes that have been made and what the supplier has planned for the year ahead, including the future direction of its white-label business.

Croker said: “We’ve continued to review portfolio returns and industry dynamics to optimise 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 signed its first UK-based deal with Vickers.Bet back in August 2024, supplying its online casino and sports betting content and technology to the operator.

However, an exit from the business is now expected before the year is over.

Overall, Croker described 2025 as a successful year for Aristocrat, with a strong financial performance and technology investments underpinned by growth strategy discipline and consistent execution. Revenue grew by 11% year-over-year to $6.3bn, EBITDA margin expanded to 41.7% and its litigation case with Light & Wonder was settled.

The company remains “sharply focused” on what it can control for the year ahead, including precision execution, strengthening business resilience and enhancing its competitiveness regardless of external factors. Growth is being targeted in markets across Asia, Europe and in new market openings such as 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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