Jacaranda Advisory

Industry Update - December 2013 - No. 110

Queensland Gaming Revenue Trend 

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

Total state gaming revenue has increased 2.47% on December 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
Dec 2013/Nov 2012 Financial YTD Dec 2013/Nov 2012
Brisbane East 3.75% 4.22%
Brisbane North 7.84% 3.15%
Brisbane South 6.61% 4.02%
Brisbane West 2.54% 7.83%
Brisbane Inner City 1.03% -0.92%
Cairns 4.36% 4.71%
Darling Downs 1.52% 6.53%
Fitzroy -2.43% -2.85%
Gold Coast 7.88% 3.89%
Ipswich 2.19% 1.78%
Logan - Beaudesert 1.94% 0.16%
Mackay -5.84% -5.87%
Moreton Bay North -0.22% 1.61%
Moreton Bay South 4.61% 1.60%
Queensland - Outback -0.08% 1.09%
Sunshine Coast 2.99% 3.25%
Toowoomba 5.25% 2.69%
Townsville -2.21% -2.64%
Wide Bay -0.66% 0.82%
Queensland TOTAL 2.47% 2.01%

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

Position Vacant

Bar & Gaming Manager - Morningside AFL

An excellent opportunity exists for an energetic and experienced Duty Bar/Gaming Manager or Supervisor to join the Morningside Panthers to lead their Bar, TAB and Gaming operations.

To be successful in this role you will need an outgoing personality and be eager to further develop your professional skills.  You will possess excellent communication skills, previous experience in a Beverage/Gaming supervisory role and members loyalty and promotional programs, strong computer and POS skills, and a working knowledge of bars, Keno, TAB and gaming machines.  You should also be a proven team player with well developed organisational and administrative skills, and the ability to deal with conflict resolution and customer service issues.

Specific role requirements include ensuring club standards are delivered, staff management (including rosters), management of inventory and cash, and event management and planning.  The successful applicant will need to hold current RSA and RSG certificates and an OLGR Approved Manager's Licence (or the ability to obtain).

This is a salaried, hands-on role that will require evening and weekend work.  The successful applicant will be rewarded with a competitive salary offer and will share in the club's success with an attractive bonus scheme based on key performance criteria.

To apply please email your application to ddiamond1@optusnet.com.au

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.

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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