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’Aristocrat’s filing reportedly read…“Aristocrat Leisure Limited continues to implement a comprehensive coronavirus response, focused on protecting its strategic advantages and positioning the land-based business to respond quickly as demand returns.According to a report from GGRAsia, the Sydney-listed innovator used an official filing to detail that it will be laying off around 1,000 full-time workers and cutting a further 200 roles permanently in hopes of saving about . It purportedly explained that it is to moreover temporarily reduce by up to 20% the base salaries of its board and roughly 1,500 other employees and cut remuneration for its Managing Director, Trevor Croker (pictured), by 30%....
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These changes, and other prudent steps we are taking as part of our coronavirus response, will deliver important operational and financial flexibility, focus and efficiency through this period of uncertainty.told the newspaper…“We find ourselves in even more difficult economic conditions than when this legislation started and completion of this project could not come soon enough considering the overall economy of our city and nation at this time. These changes, and other prudent steps we are taking as part of our coronavirus response, will deliver important operational and financial flexibility, focus and efficiency through this period of uncertainty....
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In exchange for being granted the ability to operate skill games, venues will now reportedly be required to pay a monthly ,200 tax on each machine, which is expected to generate approximately 0 million that the state consequently intends to usplay keno online va avrje to help subsidize a relief fund for small businesses struggling against the economic impacts of the coronavirus pandemic.”Financial fitness:GGRAsia reported that the Australian innovator additionally used the filing to proclaim that its digital business is continuing to ‘perform strongly with higher bookings and player engagement evident across most of the portfolio’ and will likely account for approximately 40% of its aggregate annual revenues.3 million between now and the end of its financial year in September....
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