Noble Entertainment Achieves Record Profits in 2022

Noble Entertainment, a gaming corporation, announced robust financial performance for the fiscal year concluding September 30, 2022. Their earnings after taxes (NPATA) surged by a remarkable 27% compared to the prior year, hitting a substantial A$1.09 billion (roughly US$730 million). This expansion was driven by solid results in both their United States gaming activities and worldwide revenue, despite supply chain bottlenecks and uneven operational circumstances in significant regions.

Their total income also witnessed a healthy rise of 18%, reaching A$5.57 billion. This accomplishment can be partially credited to a 14% growth in the quantity of their premium Class III and Class II gaming devices deployed in the United States, totaling 31,595. Moreover, the firm encountered a 9% increase in average daily earnings per device, underscoring the potency of their product offerings and their strong effectiveness.

Noble Entertainment’s direct revenue in the United States experienced a considerable jump, soaring by 66% due to their growth in the video lottery terminal sector throughout Canada, Oregon, and Illinois. The corporation also executed strategic initiatives in 2022 by penetrating the Kentucky Historical Horse Racing and New York Lottery sectors. These favorable outcomes illustrate Noble Entertainment’s adaptability and capacity to flourish in a fluctuating market.

The upper crust of the gaming world in Australia and New Zealand remains under the influence of Aristocrat, propelled by the triumph of their MarsX platform and its impressive roster of games.

Previously in the year, they acquired Roxor, an iGaming enterprise based in the UK, broadening their footprint even further.