• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 18 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Aristocrat Chairman lauds strong corporate governance, heightened responsibility in FY20

Ben Blaschke by Ben Blaschke
Fri 26 Feb 2021 at 07:26
Aristocrat to pay US$31 million after settlement agreement reached in Washington online social gaming case
22
SHARES
549
VIEWS
Print Friendly, PDF & Email

Aristocrat Chairman Neil Chatfield has credited an increased focus on strong corporate governance and strategic recruitment for the company’s impressive performance during the global COVID-19 pandemic.

As previously reported by Inside Asian Gaming, the global slot machine giant recorded net profit after tax for the year ended 30 September 2020 of AU$476.6 million (US$348 million), down 46% year-on-year but leaving it in a strong position with liquidity in excess of AU$2 billion.

Addressing Aristocrat’s shareholders at its Annual General Meeting in Sydney on Friday morning, Chatfield outlined key measures the company has taken to navigate the COVID-19 pandemic while strengthening its standing in the global gaming industry.

“Strong competition for top talent, particularly in the US technology sector and across Digital skillsets, only intensified as a result of the pandemic,” Chatfield said. “Aristocrat was quick to respond, escalating our focus on strategic recruitment and retention, and updating remuneration structures as detailed in the Remuneration Report.

“This intensifying war for talent is a real risk that the company faces … the Board is committed to taking proactive steps to ensure Aristocrat can continue to attract and retain the critical capabilities required to execute our strategy and advance shareholders’ interests, recognizing that we are a globally operating technology business and increasingly a market leader.”

Chatfield made particular note of four key areas the company has been looking to improve, namely the promotion of responsible gameplay, strengthening of its diversity and inclusiveness agenda, addressing climate change initiatives and helping to combat modern slavery.

“I’m pleased to say, we’re continuing to make real strides towards leadership in this important area, he said.

“We were delighted to be recognized during the year as a top performer in the Chief Executive Women ASX200 Senior Executive Census, in recognition of both our Group Executive team and Board being over 40% female.

“Promoting responsible gameplay is one of Aristocrat’s most fundamental obligations. It’s a major way that  we deliver our company mission to Bring Joy to Life through the Power of Play. We believe it’s also key to ensuring we can continue to grow our business, attract and retain great talent, and promote a sustainable games industry that’s welcome in the community.

“In 2020 Aristocrat developed a response to the recommendations of the Taskforce on Climate-Related Financial Disclosures, and a timetable to progressively expand disclosures over three years to 2022. We began in 2020 with a range of disclosures spanning governance, strategy and risk management, and also committed to determining and disclosing our emissions profile and actions across scopes 1, 2 and as appropriate, scope 3.

“This work is well underway, and we will deliver on all of the commitments we have made for 2021. We are also investing more resources to accelerate the assessment of abatement options across our global organisation, and better understand our potential pathway to ‘net zero’ emissions. We look forward to sharing more details as we make progress in this work.

“In terms of modern slavery, we’ve made further strides forward in terms of diversifying our supply chain, encouraging continuous improvement among suppliers, better assessing and addressing risks and rolling out training across key functions. The business will also publish its first statement as required by the Australian Modern Slavery Act next month. The statement identifies a range of metrics the business will use to monitor and assess the effectiveness of our compliance program going forward, with appropriate Board oversight.

“We will keep expanding our disclosures over time, in line with stakeholder interests and to ensure we can continue to effectively manage risks, capture opportunities and execute our strategy.”

RelatedPosts

10 Years Ago – Reimagining Sri Lanka

Sri Lankan cabinet approves budget proposal to increase betting levy, double casino entry for locals

Thu 18 Sep 2025 at 02:27
Macau GGR hits MOP$19.8 billion in August, up 6% month-on-month

Government figures indicate Macau’s gaming industry recorded US$17.9 billion surplus in 2024

Wed 17 Sep 2025 at 18:04
Tinian senator puts forward bill to offer online gaming licenses

Chinese nationals launch legal action over alleged fraudulent use of investment funds assigned for Tinian casino projects

Wed 17 Sep 2025 at 05:34
Philippines’ maiden PIGO platform generates GGR of US$2.3 million in first six months of operation

DigiPlus said to be eying acquisition of land-based casino pending online gaming regs

Mon 15 Sep 2025 at 21:59
Load More
Tags: AristocratAustraliacasinoChairmanGamingNeil Chatfieldslot machines
Share9Share2
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Evolution Asia
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
NWR

Related Posts

10 Years Ago – Reimagining Sri Lanka

Sri Lankan cabinet approves budget proposal to increase betting levy, double casino entry for locals

by Newsdesk
Thu 18 Sep 2025 at 02:27

The Sri Lankan cabinet has approved a proposal in the country’s 2025 budget that will see the betting levy increased and casino entry fee for locals doubled. According to a report by local business media outlet Economy Next, Cabinet Spokesman...

CDC Gaming announces reimagined Day Zero Party including “10 Women Rising in Gaming” presentation at Resorts World Las Vegas’ Allē Lounge on 66, on 5 October 2025, the Sunday prior to G2E

CDC Gaming announces reimagined Day Zero Party including “10 Women Rising in Gaming” presentation at Resorts World Las Vegas’ Allē Lounge on 66, on 5 October 2025, the Sunday prior to G2E

by Newsdesk
Thu 18 Sep 2025 at 02:08

CDC Gaming, the premier source of news, commentary and analysis for the gaming industry in the Americas and sister company to Inside Asian Gaming, has announced a revamped, reimagined and refreshed Day Zero Party ahead of this year’s Global Gaming...

Wynn says UAE development contribution to total around US$900 million as Thailand opportunity looms large

Cryptocurrency payments, smart table rollout across all games among technology innovations being planned at Wynn Al Marjan Island

by Ben Blaschke
Thu 18 Sep 2025 at 02:01

Wynn Al Marjan Island is looking to open with smart gaming tables installed across all or most of its gaming areas and payment options that include cryptocurrencies, the company has revealed. David Patent, Executive Vice President, Gaming Operations at Wynn’s...

Interview with Newport World Resorts’ Nilo Thaddeus Rodriguez

Interview with Newport World Resorts’ Nilo Thaddeus Rodriguez

by Newsdesk
Wed 17 Sep 2025 at 19:04

IAG sat down with Nilo Thaddeus Rodriguez – the President and CEO of Newport World Resorts – to discuss the property’s recent market share gains and what new features and attractions we can expect to see in the coming months.

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English