Jacaranda Advisory

Industry Update - February 2014 - No. 112

Queensland Gaming Revenue Trend 

February 2014 has shown an increase in gaming revenue growth for Queensland Hotels and Clubs.

Total state gaming revenue has increased 2.26% on February 2013.

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
Jan 2014/Jan 2013 Financial YTD Jan 2014/Jan 2013
Brisbane East 7.12% 5.20%
Brisbane North 7.94% 4.13%
Brisbane South 7.71% 5.49%
Brisbane West 6.15% 8.21%
Brisbane Inner City 0.71% 0.08%
Cairns 3.80% 5.07%
Darling Downs 2.19% 6.06%
Fitzroy -6.89% -2.87%
Gold Coast 6.12% 5.02%
Ipswich 3.59% 2.55%
Logan - Beaudesert -0.40% 0.62%
Mackay -3.13% -5.47%
Moreton Bay North 0.17% 1.86%
Moreton Bay South 6.74% 2.62%
Queensland - Outback -3.48% 0.16%
Sunshine Coast 7.01% 4.33%
Toowoomba 3.40% 3.92%
Townsville 5.31% -1.43%
Wide Bay -9.94% 0.25%
Queensland TOTAL 2.26% 2.59%

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


Position Vacant

Administration Manager/Bookkeeper - Swifts Leagues Club

Swifts Leagues Club is one of Ipswich's larger sporting clubs, offering patrons a range of facilities including, but not limited to:
-  Bistro dining 
-  Function facilities
-  Bar
-  Keno
-  Gaming
-  Live entertainment
-  Sporting facilities, including rugby league fields and lawn bowls

The Administration Manager/Bookkeeper is responsible for the administration and accounting functions of the club.

The successful applicant will need:
 -  Proven experience in administration and accounting
-  Ability to produce monthly financial accounts on an accruals basis
-  Cashbook, creditors, payroll, debtors, fixed assets, and other subsidiary ledger experience
-  Gaming administration experience preferred, but not essential
-  High level working knowledge of MYOB
-  Strong communication skills
-  Sound experience with various computer packages, including Microsoft
- Ability to supervise staff

To apply, please send your resume to Steve Koman of Jacaranda Advisory at steve@hmw.com.au or phone (07) 3234 8915.

Apprentice Mentor/Skills Advisory - Restaurant & Catering Australia

Restaurant & Catering Australia are seeking the services of an experienced hospitality professional for their West End office on a short term contract until June 30, 2014, with a possibility of a further twelve month extension.

To be successful in this role, you must possess the following attributes:
-  Strong technology and Microsoft Office skills
-  Strong written and verbal communication skills
-  Current hospitality industry experience
-  Appropriate business/industry qualifications
-  Full understanding of hospitality business operations
-  In depth knowledge of hospitality apprenticeships/traineeships
-  Ability to provide advice and support to apprentices

Travel will be required for this position, so you must hold a current driver's licence and have your own car.  A Working With Children check will be undertaken for this position.

Please apply to frankb@hmw.com.au by 28 February 2014.

Catering operational advice is now on the Jacaranda Advisory menu!

Jacaranda Advisory now has the resources to offer a full and comprehensive operational advice on club catering options.  Key items to be analysed include:

-  Maximising supply chain opportunities
-  Menu design for all areas, including functions, a la carte, bistro, coffee shop and gaming floor snack service
-  Both back of house and front of house organisational structure
-  Policies and procedures
-  Labour modelling

Please contact Frank Balzary of Steve Koman to discuss your needs.


More red tap slashed

The Attorney General Jarrod Bleijie MP recently announced further red tape reforms at the Keno and Clubs Queensland Awards for Excellence.  These reforms will join the 44 red tape reduction initiatives already implemented by the LNP to assist clubs in increasing their operations efficiencies.

These recent announcements included:

- Removing the "near rule" so that struggling clubs can be aided by a neighbour, regardless of their distance, and make it easier to amalgamate.
- Lifting the venue limit cap from 280 machines to 300.
- Ability for amalgamated entities to have up for 450 gaming machines across two sites, or 500 across 3 sites, with no more than 300 machines at one venue.
- Removing the regional reallocation boundaries to allow trading of gaming machine entitlements with any other club in Queensland.
- An increase of the maximum cash payout limit to $5,000 for all Queensland clubs, negating the need to apply to OLGR for increased limits.

These announcements are an important step forward and will go a long way in assisting the industry to operate more effectively and efficiently.

Source: Clubs Queensland


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
Copyright Jacaranda Advisory © | Privacy Policy | Disclaimer | Site Map | Online software for accountants by Wolters Kluwer