Jacaranda Advisory

 Industry Update - November 2013 - No. 109

Queensland Gaming Revenue Trend 

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

Total state gaming revenue has increased 1.36% on November 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

Nov 2013/Nov 2012

Financial YTD Nov 2013/Nov 2012

Brisbane East

7.33%

4.32%

Brisbane North

3.22%

2.23%

Brisbane South

5.43%

3.51%

Brisbane West

10.10%

8.90%

Brisbane Inner City

-3.48%

-1.28%

Cairns

0.24%

4.78%

Darling Downs

9.71%

7.51%

Fitzroy

-3.87%

-2.93%

Gold Coast

4.21%

3.12%

Ipswich

1.94%

1.70%

Logan - Beaudesert

0.70%

-0.18%

Mackay

-5.32%

-5.87%

Moreton Bay North

-0.63%

1.98%

Moreton Bay South

7.74%

1.00%

Queensland - Outback

3.27%

1.30%

Sunshine Coast

2.68%

3.30%

Toowoomba

0.17%

2.19%

Townsville

-4.91%

-2.72%

Wide Bay

-1.53%

1.12%

Queensland TOTAL

1.36%

1.92%

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


Extended Licensed Trading Hours Applications

The existing moratorium on extended licensed training hours in Queensland expires on 31st December and regulators have confirmed venues will be able to submit applications for trade beyond 12am after this date.

Any applications received by OLGR for trading hours to be extended at the time the moratorium was implemented need to be resubmitted after 1st January 2014.  This applies to both liquor and gaming licensed trading times.

Jacaranda Advisory can assist you by providing advice in relation to possible extensions and preparation of your application, including Community Impact Statements (CIS) and Demand for Gaming Submissions.

Whilst the applications cannot be submitted immediately it is a good idea to complete as much preliminary work as possible to make the application process as efficient as possible upon the lifting of the moratorium.


Christmas closure period

Please note our office will be closed from the afternoon of Tuesday, December 24th 2013 through until Thursday, January 2nd 2014.  The Directors and Staff wish you, your colleagues, and your families a very Merry Christmas and all the best for the New Year.

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

 

 

 

 

 

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Email: 
steve@jacarandaadvisorygroup.com.au
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