Jacaranda Advisory

 Industry Update - October 2012 - No. 96

The Queensland Hotel and Club Gaming sector continues to post positive growth in tougher economic conditions.


Queensland Gaming Revenue Trend

October 2012 has produced mixed gaming revenue growth for Queensland Hotels and Clubs.

Total state gaming revenue has increased 4% on October 2011.

Total State net metered win in Queensland gaming venues in October 2012 has increased by $6.8million or 4.1% when compared to October 2011.

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

 

Metered Win ($)

 

 

 

Metered Win Per Machine

 

 

 

 

Oct-12

Oct-11

Difference

%

Oct-12

Oct-11

Difference

%

 

 

 

 

 

 

 

 

 

Brisbane

$71,546,800

$69,598,166

$1,948,634

2.8%

$4,358

$4,303

$55

1.3%

Central West

$262,293

$289,541

-$27,248

-9.4%

$1,749

$2,161

-$412

-19.1%

Darling Downs

$7,951,009

$7,355,384

$595,625

8.1%

$3,294

$2,929

$364

12.4%

Far North

$10,392,654

$9,843,449

$549,205

5.6%

$3,956

$3,724

$232

6.2%

Fitzroy

$10,464,454

$9,920,334

$544,120

5.5%

$4,353

$4,175

$178

4.3%

Gold Coast

$24,214,952

$23,752,638

$462,314

1.9%

$4,064

$3,989

$76

1.9%

Mackay

$10,116,343

$9,098,736

$1,017,607

11.2%

$4,236

$4,012

$225

5.6%

North West

$2,626,527

$2,432,382

$194,145

8.0%

$4,370

$4,109

$262

6.4%

Northern

$9,041,829

$8,529,652

$512,177

6.0%

$4,253

$4,155

$98

2.4%

South West

$928,188

$772,377

$155,811

20.2%

$3,004

$2,618

$386

14.7%

Sunshine Coast

$12,547,885

$11,877,727

$670,158

5.6%

$3,738

$3,570

$168

4.7%

West Moreton

$1,748,592

$1,780,131

-$31,539

-1.8%

$2,890

$2,997

-$107

-3.6%

Wide Bay Burnett

$10,919,768

$10,666,374

$253,394

2.4%

$3,383

$3,290

$93

2.8%

 

 

 

 

 

 

 

 

 

Total

$172,761,294

$165,916,889

$6,844,405

4.1%

$4,057

$3,935

$122

3.1%

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

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 August 2006 on a yearly month on month basis are illustrated in the following graph.


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


Positions Vacant

General Manager - Ipswich Golf Club
Ipswich Golf Club has an 18 hole golf course and a licensed clubhouse facility offering bar food, gaming and function facilities.  An experiences and capable General Manager is sought.

Please send applications to frankb@hmw.com.au, fax (07) 3221 7431 or contact Frank Balzary on (07) 3234 8917.

Graduate Accountant - HMW Partners
HMW Partners is a Brisbane Based Chartered Accounting firm seeking a graduate for their Business Services section.  The successful candidate will gain exposure to a number of different industries and clients and will be provided with suitable mentoring and training.

Please send applications to sue@hmw.com.au or phone Sue Hobdell on (07) 3234 8988.

Further details on each position can be found on the Jacaranda Advisory website www.jacarandaadvisorygroup.com.au
Planning and Financial

Jacaranda Advisory can assist with any of the following services.
  • Feasibilities (financial and market)
  • Business Plans
  • Strategic Planning
  • 90 day operation plans
  • Club mergers
  • Hotel due diligence

Gaming and Liquor Licensing services

Do you need help with any of the following? 
  • Gaming machine increases
  • Community Impact Statements
  • Transfers of Liquor and Gaming Licenses
  • New Liquor and Gaming Licenses
  • Extension of hours applications and other variations for both Liquor and Gaming
Call the team at Jacaranda Advisory to discuss your needs further.

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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