Aristocrat Leisure invests in Kinectify

Sydney-listed gaming provider Aristocrat Leisure has made an incremental funding in Las Vegas-based anti-money laundering and compliance software program supplier Kinectify.Aristocrat’s funding in Kinectify is joined by present buyers contributing extra capital, together with Acies Investments, the Eastern Band of the Cherokee Indians, Eilers & Krejcik Gaming, and former Caesars Entertainment CEO Mark Frissora.Alongside the funding, Jason Walbridge has joined the Kinectify board of administrators as Aristocrat’s consultant to boost strategic advantages between Aristocrat and Kinectify.Walbridge has been serving in an advisory function with Aristocrat since 2022, centered notably on the event of its on-line real-money gaming enterprise, Anaxi.Prior to his present affiliation with Aristocrat, he served as chief working officer (COO) of NYX Gaming and have become COO of SG Digital following NYX Gaming’s acquisition by Scientific Games (now Light & Wonder).Preceding these two roles, Walbridge spent 18 years with Aristocrat, holding varied govt positions throughout world markets together with chief provide officer.“I’m thrilled to work with Kinectify to pioneer innovation in danger administration throughout the gaming ecosystem,” mentioned Walbridge. “I’ve been impressed by Kinectify’s observe file to date with its AML and accountable gaming know-how, and I’m excited to facilitate deeper collaboration between our corporations.”Shares in Aristocrat Leisure Ltd (ASX:ALL) closed 2.28 per cent increased at AUD$44.84 per share in Sydney Friday.

Recommended For You