EILERS: Gaming Supplier KPI’s – 4Q22

We estimate total U.S. & Canada B2B EGM revenue increased +22% y/y and +7% q/q to ~$1.2 billion in 4Q22. Aristocrat generated the most B2B EGM revenue in U.S. & Canada for the quarter driven by leadership in both the gaming operations and game sales markets this quarter. IGT and the Other group increased share moderately over the past year. For CY22, B2B EGM revenue increased +24% y/y to ~$4.4 billion.