Aristocrat Leisure's iLottery Performance Shows 'Strong' Momentum in Key Markets, Says Jefferies

MT Newswires Live

03/16

Aristocrat Leisure's (ASX:ALL) iLottery performance in the first quarter of fiscal year 2026 shows strong momentum in key markets, according to a Monday Jefferies note.

Gross gaming revenue and turnover increased "meaningfully" in major states including Michigan, New Hampshire, and Virginia, indicating improving market penetration and momentum, the note added.

The investment firm said that the company is expected to be well-positioned to benefit from potential future iLottery opportunities in states such as Indiana, Louisiana, and Ohio, as well as other markets more broadly.

Jefferies kept a buy rating on Aristocrat Leisure with a price target of AU$65.

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