Jacaranda Advisory

Industry Update - February 2012 - No. 88

February 2012 has experienced positive gaming revenue growth for Queensland hotels and Clubs.

Total state gaming revenue is only up 2.6% on February 2012.


QLD Gaming Revenue Trend
Total State net metered win in Queensland gaming venues in February 2012 has increased by $364,916 or 2.6% when compared to February 2011.

The difference in State net metered win for February 2012 and February 2010 shows an increase of 10%  

A detailed breakdown by statistical division for February 2012 is as follows:


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

Fitzroy, Mackay and South West experienced an extremely large increase when compared to February 2011.

Far North, Northern, West Moreton and Wide Bay Burnett Shows a decrease in the metered win from February 2011 to February 2012.

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.

Positions Vacant
Moranbah Workers Club - Duty Manager
  • $63,000pa with quality rent-free accommodation
  • 5 weeks annual leave
  • Meal card
  • Couples considered
Please send resumes to Frank Balzary at frankb@hmw.com.au

"Gallopers" Brisbane Racing Sports & Social Club - 3x Duty Managers & Gaming Supervisor
Brand new facility opening in April 2012 with 90 gaming machines, bar, restaurant and coffee shop.  All interested should send resumes to Chris at canderson@brssc.com.au

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.


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

Income Tax - Clubs
  • Is your organization a licensed Club or Association?
  • Are you assessing your income tax status correctly?
  • Are you one of the sporting clubs currently subject to Australian Tax Office, review or audit activity. If so how can you restructure or alter practice to become non taxable or reduce tax?
  • If your organization is an income tax accessible club, are you legitimately minimizing the amount of income tax?

HMW Partners Chartered Accountants specialize in providing taxation advice to a large number of licensed clubs and other business.

If you would like to discuss your clubs current situation please call Allan De Nooyer or Steven Koman on (07) 3234 8988.


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 Frank Balzary at frankb@hmw.com.au, Steve Koman at steve@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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