Jacaranda Advisory

Industry Update - March 2014 - No. 113

Queensland Gaming Revenue Trend 

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

Total state gaming revenue has increased 3.71% on March 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 6.23% 5.20%
Brisbane North 4.50% 4.13%
Brisbane South 6.54% 5.49%
Brisbane West 8.61% 8.21%
Brisbane Inner City -0.13% 0.08%
Cairns 4.14% 5.07%
Darling Downs 3.62% 6.06%
Fitzroy -3.63% -2.87%
Gold Coast 11.24% 5.02%
Ipswich 5.87% 2.55%
Logan - Beaudesert 5.11% 0.62%
Mackay 0.34% -5.47%
Moreton Bay North -1.74% 1.86%
Moreton Bay South 9.48% 2.62%
Queensland - Outback 0.19% 0.16%
Sunshine Coast 9.86% 4.33%
Toowoomba 1.81% 3.92%
Townsville -2.86% -1.43%
Wide Bay -6.34% 0.25%
Queensland TOTAL 3.71% 2.59%

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


Amalgamation, new sites and diversification

If your club is looking at a second or third site, greenfield or amalgamation or, alternatively, diversifying into other areas such as retail, motel and hotel accommodation, or retirement villages, Jacaranda can assist with providing sound due diligence, feasibility and finance aspects.

Please contact Frank or Steve for further information.

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
Email: 
steve@jacarandaadvisorygroup.com.au
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