Aristocrat Leisure's "sensational" balance sheet means it has the firepower to aggressively hunt for merger and acquisitions opportunities, according to its outgoing chief executive

Jamie Odell said the gaming machine maker's strong cashflow and falling gearing levels means investors are happy to see Aristocrat go out and make similar earnings accretive deals such as its 2014 acquisition of US group Video Gaming Technologies and its purchase of social casino games developer Product Madness.