Aristocrat Leisure saw its social-casino growth go backwards in June, according to Jefferies Equity Research analyst Kai Erman, who detailed his findings in a 7 July investor report.
Social casinos, Erman wrote, “showed a tough month … across the industry.” Although Aristocrat outperformed the market, it suffered its first reverse since September 2024.
While the broader market plunged 23%, Aristocrat only declined 2.5%. Light & Wonder’s social-casino operations were down 9%, as Jackpot Party revenue plummeted 30% year over year.
The Aristocrat declivity, Erman found, was partly driven by the underperformance of Heart of Vegas and Big Fish Casino. These were down 2% and 18%, respectively.
