Jacaranda Advisory

Industry Update – September 2011 - No. 83

September 2011 has experienced positive gaming revenue growth for Queensland hotels and Clubs. Total state gaming revenue is up 4.7% on September 2010.

1.     QLD Gaming Revenue Trend  

Total State net metered win in Queensland gaming venues in September 2011 has increased by $7,470,413 or 4.7% when compared to September 2010.   The difference in State net metered win for September 2011 and September 2009 shows an increase of 9.7%   A detailed breakdown by statistical division for September 2011 is as follows:

 

Metered Win ($)

 

 

 

Metered Win Per Machine

 

 

 

 

Sep-11

Sep-10

Difference

%

Sep-11

Sep-10

Difference

%

 

 

 

 

 

 

 

 

 

Brisbane

$69,863,956

$67,314,419

$2,549,537

3.8%

$4,292

$4,217

$75

1.8%

Central West

$283,350

$317,043

-$33,693

-10.6%

$1,889

$2,114

-$225

-10.6%

Darling Downs

$7,570,832

$6,995,125

$575,707

8.2%

$3,015

$2,857

$158

5.5%

Far North

$9,932,125

$9,000,370

$931,755

10.4%

$3,816

$3,409

$406

11.9%

Fitzroy

$9,803,133

$8,522,295

$1,280,838

15.0%

$4,124

$3,513

$611

17.4%

Gold Coast

$23,051,484

$23,132,906

-$81,422

-0.4%

$3,851

$3,865

-$14

-0.4%

Mackay

$9,451,824

$8,360,428

$1,091,396

13.1%

$4,166

$3,602

$564

15.6%

North West

$2,538,849

$2,408,194

$130,655

5.4%

$4,289

$3,682

$606

16.5%

Northern

$8,874,246

$8,436,212

$438,034

5.2%

$4,323

$4,121

$201

4.9%

South West

$781,208

$694,456

$86,752

12.5%

$2,648

$2,150

$498

23.2%

Sunshine Coast

$11,761,898

$11,441,842

$320,056

2.8%

$3,524

$3,324

$199

6.0%

West Moreton

$1,746,300

$1,671,456

$74,844

4.5%

$2,940

$2,814

$126

4.5%

Wide Bay Burnett

$10,478,262

$10,372,310

$105,952

1.0%

$3,229

$3,246

-$17

-0.5%

 

 

 

 

 

 

 

 

 

Total

$166,137,469

$158,667,056

$7,470,413

4.7%

$3,929

$3,761

$168

4.5%

Source: Calculated from Data sourced from Office Liquor, Gaming and Racing - Queensland Office of Gaming Regulation.  

The Darling Downs, Far North, Fitzroy, Mackay, North West and South West regions continue to experience larger increases when compared to September 2010.  

The Central West and Gold Coast shows a decrease in the metered win from September 2010 to September 2011, with the Gold Coast continuing to be depressed.  

The growth and the decline that the gaming industry (as a result of the 100% non smoking ban introduced 1 July 2006 and economic factors) has experienced since July 2006 on a yearly month on month basis are illustrated in the following graph.





Source
: Data sourced from Office Liquor, Gaming and Racing - Queensland Office of Gaming Regulation.  

2.     Licensing services  

Jacaranda Advisory provides advice if you’re wishing to alter your Hotel’s or Club’s liquor and gaming licensed hours, or acquire a new licensed venue we can assist with the various applications.

We can also assist with new gaming licences, gaming machine site increases (including community impact studies), license transfers, and changes in hours and other requirements.   

3.     Gaming Installation Reviews

Qld gaming continues to show positive signs of growth, it is now an opportune time to consider how best to maximise revenue from your gaming floor.

Jacaranda Advisory has a proven track record in providing professional advice to its clients in such areas as:   

  • Site EGM installation increases- evaluations and cost benefit analysis
  • Community Impact Statement implications and benefits
  • Floor Denomination balance and yield ratios
  • Standalone vs. Link mix and RTP%
  • Maximising ‘in house’ links opportunities
4.     Expansions / renovations

Need a feasibility or a second opinion?   If you are planning expansions or renovations and need a feasibility to support/or test your vision, we can assist.  We also prepare finance application if required.    

If you would like to discuss any matters please feel free to give us a call on 07 3234 8915 or alternatively email one of the team Steve Koman at steve@hmw.com.au, Frank Balzary at frankb@hmw.com.au or Sarah Obst sarah@hmw.com.au.

We look forward to hearing from you.  

Yours Faithfully


Steven Koman
Director  
Contact Us:
Phone: +61 (7) 3367 1994
Email: 
steve@jacarandaadvisorygroup.com.au
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