** Gaming co Aristocrat Leisure ALL.AX falls 1.1% to A$64.69
** Macquarie says U.S. casino gaming revenues, a significant part of ALL's earnings, somewhat insulated from economic slowdown as correlations with U.S. GDP not strong
** Maintains "outperform"; trims PT to A$75 from A$80
** Says ~40% of ALL's earnings may be at risk from slowing U.S. casino gaming revenues on variable fee per day Gaming Ops business, which is sensitive to economic downturns, changes in consumer spending
** Adds co's land-based business, however, more resilient than rivals in a slowdown
** Anticipates +15% continuing ops EPSA CAGR over three years, execution and legislative tailwind in iGaming/iLottery and capital management
** ALL down 1.5% so far this week
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))