Jacaranda Advisory

Industry Update - May 2014 - No. 115

Queensland Gaming Revenue Trend 

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

Total state gaming revenue has increased 4.92% on May 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 4.51% 5.04%
Brisbane North 9.15% 4.76%
Brisbane South 6.96% 6.04%
Brisbane West 9.05% 8.16%
Brisbane Inner City 5.09% 0.62%
Cairns 10.07% 5.36%
Darling Downs -5.92% 4.08%
Fitzroy -1.60% -2.91%
Gold Coast 10.99% 7.05%
Ipswich 7.45% 3.68%
Logan - Beaudesert 2.48% 1.72%
Mackay -9.21% -5.30%
Moreton Bay North 3.66% 1.85%
Moreton Bay South 15.01% 4.99%
Queensland - Outback 4.10% 0.77%
Sunshine Coast 8.31% 5.76%
Toowoomba 7.28% 4.04%
Townsville 3.59% -0.86%
Wide Bay -2.10% -0.79%
Queensland TOTAL 4.92% 3.07%

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.
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
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