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Highlights
- Consumer discretionary was one of the worst-performing sectors today.
- S&P/ASX 200 Consumer Discretionary Index was down by 2.47% at 2,801.00 points at 2.51 PM AEST today.
- Most consumer services companies are trading in the red today, including Aristocrat Leisure and Crown Resorts.
The benchmark index ASX 200 opened in the red today (June 7) and the index was 1.64% down at 7,087.90 points at 2.48 PM AEST today.
A total of nine out of 11 sectors were trading lower today. IT was the worst-performing sector, followed by finance, healthcare, consumer discretionary and telecom. While energy was the best performing sector, gaining 0.15% at 2.50 PM AEST and 6.80% over the past five days.
Meanwhile, S&P/ASX 200 Consumer Discretionary Index was also down by 2.47% at 2,801.00 points at 2.51 PM AEST today.
On that note, we will talk about the performance of three ASX-listed gaming companies. These include Aristocrat Leisure Limited, Crown Resorts Limited, and BetMakers Technology Group Limited.
Also Read: ALL, CWN, PBH, BET: Why are these gaming stocks trading higher today?
Image Source: © 2022 Kalkine Media ®
Data Source- Companies’ ASX filings
Aristocrat Leisure Limited (ASX:ALL)
Australia-based gaming provider and games publisher Aristocrat Leisure Limited offers a range of products and services. Some include casino management systems, electronic gaming machines, and digital social games.
The company is also engaged in land-based businesses (including Aristocrat Gaming and VGT CLASS II) and digital businesses (including Plarium, Big Fish Games and Product Madness).
Aristocrat Leisure shares were spotted trading 1.50% lower today (07 June 2022) at AU$33.40 apiece at 3.11 PM AEST. The shares have recorded negative growth of around 23% on a YTD basis.
Crown Resorts Limited (ASX:CWN)
Crown Resorts Limited is an Australian entertainment corporation that focuses on integrated resorts for its primary businesses and investments.
Crown Resorts owns and operates several integrated resorts. Crown Melbourne, Crown Perth, Crown Sydney, Crown Aspinalls, and Wagering & Online are the company's five segments.
Crown Melbourne is a multi-faceted resort that includes dining, conferences, shopping, and entertainment. Crown Perth is an integrated resort with hotels, meeting centres, restaurants, bars, and shopping and entertainment. Crown Sydney is a hotel resort with condominiums, restaurants, bars, retail stores, a pool and spa, conference spaces, and other amenities. Crown Aspinalls, a subsidiary of the company, operates casinos in London's premier West End entertainment district.
Crown Resorts' shares were 0.74% down today at AU$12.74 each at 3.18 PM AEST. The company's shares have jumped around 7% YTD.
Source: © Lesl | Megapixl.com
PointsBet Holdings Limited (ASX:PBH)
PointsBet Holdings Limited offers sports, racing, and iGaming betting products and services through its cloud-based technology platform in Australia and New Jersey. The company is divided into three segments: Australian Trading, Technology, and the United States. Additionally, it provides gaming support; pari-mutuel advanced deposit wagering, and business-to-business services, as well as retail sports betting and software development. The company is based in Cremorne, Australia, and was launched in 2015.
PointsBet Holdings shares were trading at AU$2.47 per share, down 5.19% on ASX today at 3.27 PM AEST. The company's shares have significantly fallen this year, recording around 65% negative growth on a YTD basis.
Also Read: PointsBet Holdings (ASX:PBH) shares zoom on March quarter update
