Jacaranda Advisory

 Industry Update - October 2013 - No. 108

Queensland Gaming Revenue Trend 

October 2013 has shown an increase in gaming revenue growth for Queensland Hotels and Clubs.

Total state gaming revenue has increased 1.10% on October 2012.

The growth and decline that the gaming industry (as a result of the 100% non smoking ban introduced 1 August 2006, and economic factors) has experienced since January 2007 on a yearly month on month basis are illustrated in the following graph:






Calculated from Data sourced from the Queensland Government - Office of Liquor & Gaming Regulation

The Office of Liquor & Gaming Regulation have now upgraded their statistics to use the 2011 Census data Statistical Area Level 4 reporting areas.

A comparison of each area to the same month last year and also 30 June financial YTD performance is outlined below:

EGMs Net Metered Win

Area

Increase/Decrease

Increase/Decrease

Oct 2013/Oct 2012

Financial YTD Oct 2013/Oct 2012

Brisbane East

-0.05%

3.61%

Brisbane North

3.85%

2.00%

Brisbane South

1.21%

3.05%

Brisbane West

9.37%

8.61%

Brisbane Inner City

-0.74%

-0.73%

Cairns

3.29%

5.82%

Darling Downs

2.90%

6.98%

Fitzroy

-2.66%

-2.70%

Gold Coast

4.66%

2.86%

Ipswich

3.63%

1.64%

Logan - Beaudesert

0.52%

-0.39%

Mackay

-9.45%

-6.00%

Moreton Bay North

-0.78%

2.60%

Moreton Bay South

2.01%

-0.54%

Queensland - Outback

0.49%

0.85%

Sunshine Coast

3.67%

3.45%

Toowoomba

4.08%

2.68%

Townsville

-5.28%

-2.21%

Wide Bay

2.66%

1.75%

Queensland TOTAL

1.10%

1.47%

Source: Calculated from Data sourced from the Queensland Government - Office of Liquor & Gaming Regulation 


Financial Services

Do you need to obtain finance for the next renovation, purchase or development of a hospitality or other use site?

Do you need to consolidate finance facilities or obtain a revolving finance facility for equipment purchase?

Jacaranda Advisory specialises in preparing feasibility studies, pre-lending reviews and financial proposals.  Some recent projects include:

  • $5.3 million club expansion and equipment facility
  • $14 million club expansion, renovation and equipment facility
  • $14 million greenfield licensed club site
  • $9.5 million greenfield licensed club site
  • $2.4 million commercial site acquisition for retail/bulk goods use
  • $1.2 million fully developed commercial site acquisition
  • $9 million hotel acquisition
  • $3 million hotel acquisition

Having the right information is critical prior to committing to project costs and ensuring the investment is successful, as well as achieving an adequate return on investment.

We have a great relationship with major lenders and would welcome the opportunity to discuss your next significant capital expenditure or development.


Positions Vacant

POSITION VACANT

Marketing & Events Manager

Brothers Leagues Club Ipswich is Ipswich's leading entertainment venue and offers members and guests a range of facilities, including but not limited to:

  • Al fresco dining
  • Bistro and café dining
  • Function facilities
  • Bars
  • Bottle shop
  • Children's facilities
  • 235 Gaming machines
  • Keno and TAB
  • Live entertainment
  • Courtesy bus
  • Sporting facilities and partnering sporting clubs

The position reports to the Operations Manager and is responsible for strategic development of the marketing, entertainment and promotional strategy of the Club and responsible for its implementation and on going success.

The Marketing Manager also oversees and promotes major events and functions as well as liaising with the larger community and market place.

The successful applicant will need:

  • Proven experience marketing and promotions ( industry experience preferred but not essential)
  • Sound knowledge of print media, electronic and social media , point of sale, cross marketing, data bases , loyalty systems, branding, public relations as well as budgeting and reporting
  • Strong communication and written skills
  • The ability to be think strategically and successfully implement strategies
  • A high level of enthusiasm and energy
  • Be a team player and have the ability to involve and engage others

An attractive package is offered for the successful applicant.

If you have the drive to succeed and willingness to accept the challenge, please apply to frankb@hmw.com.au or phone 07 3234 8913.


If you would like to discuss any matters please feel free to give us a call on 07 3234 8917 or alternatively email one of the team Frank Balzary at frankb@hmw.com.au, Steve Koman at steve@hmw.com.au. We look forward to hearing from you.

Yours Faithfully
                                        
Steven Koman                                                     Frank Balzary
Director                                                                 Director

 

 

 

 

 

Contact Us:
Phone: +61 (7) 3367 1994
Email: 
steve@jacarandaadvisorygroup.com.au
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