Jacaranda Advisory

Industry Update - April 2014 - No. 114

Queensland Gaming Revenue Trend 

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

Total state gaming revenue has increased 4.66% on April 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
Calendar YTD Mar 2014/Mar 2013 Financial YTD Mar 2014/Mar 2013
Brisbane East 3.06% 5.09%
Brisbane North 5.87% 4.34%
Brisbane South 9.13% 5.94%
Brisbane West 6.46% 8.07%
Brisbane Inner City 1.27% 0.18%
Cairns 4.21% 4.91%
Darling Downs -0.48% 5.16%
Fitzroy -3.94% -3.04%
Gold Coast 10.76% 6.65%
Ipswich 7.19% 3.31%
Logan - Beaudesert 7.12% 1.64%
Mackay -5.08% -4.92%
Moreton Bay North 3.58% 1.67%
Moreton Bay South 10.60% 4.03%
Queensland - Outback 3.18% 0.44%
Sunshine Coast 11.09% 5.50%
Toowoomba 4.09% 3.72%
Townsville 1.60% -1.29%
Wide Bay -2.29% -0.66%
Queensland TOTAL 4.66% 2.89%

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
 - $5.5 million greenfield hotel site

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.

The Federal Budget and your venue

The press has been occupied with the Federal Budget for a number of weeks prior to its announcement and will continue to be in the forthcoming weeks as budget measures are attempted to be introduced.

During this period, trading may be negatively affected in some demographic areas as patron are faced with financial uncertainty.

Some of the proposed welfare cuts and tax/levy increases may have more permanent impact on revenue in the medium term, depending on your market catchment area demographic.

New team member

Andrew Hill (B. Bus) has joined the Jacaranda Team as a consultant and will be undertaking feasibilities, community impact studies, business plans and forecasts, gaming and liquor licensing applications, and financial reviews.

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.

We wish you and your family a safe and enjoyable Easter break!

Yours Faithfully
Steven Koman                                                     Frank Balzary
Director                                                                 Director






Contact Us:
Phone: +61 (7) 3367 1994
Copyright Jacaranda Advisory © | Privacy Policy | Disclaimer | Site Map | Online software for accountants by Wolters Kluwer