
Aristocrat is reportedly in advanced negotiations to acquire Interblock in a deal valued at around $1 billion, with some estimates suggesting the final price could reach $1.3 billion. Macquarie Capital is said to be advising on the transaction.
The potential acquisition aligns with Aristocrat’s broader M&A strategy. While the company has not issued an official statement, attempts to reach its offices in Australia and the U.S. have been met with silence, likely due to strict confidentiality agreements.
An official announcement is expected around the time of Aristocrat’s next investor day, anticipated in May.
Aristocrat, which designs and supplies gaming machines and digital content in over 90 countries, has minimal exposure to the electronic table gaming (ETG) segment. Interblock, a prominent ETG specialist, would strengthen Aristocrat’s position in this market, placing it in closer competition with providers like Light & Wonder, Aruze, and Spintec.
Interblock CEO John Connelly is expected to appear on the cover of Gaming America’s May/June edition. The proposed acquisition follows Aristocrat’s strategic overhaul in May 2024, which included the divestiture of Plarium and a restructuring of Big Fish. It also follows a recent partnership with Incentive Games to expand both free-to-play and real-money offerings across Aristocrat Interactive’s platform.