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Aristocrat’s CEO said that the US catastrophe was to blame for the company’s 2008 financial results, which often were poor and some of its competitors experienced record growth. Sweeping budget slashes were made in order to counteract an anticipated revenue drop, including major staff retrenchments across all company areas. 2009 seemed to be a difficult year for Aristocrat Enjoyment Limited and the business reported a great AUD$157. 8m net loss over the 12 months.
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