Jacaranda Advisory

 Industry Update - January 2013 - No. 99

Queensland Gaming Revenue Trend 

January 2013 has produced positive gaming revenue growth for Queensland Hotels and Clubs.

Total state gaming revenue has increased 3.6% on January 2012.

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.



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:

Area

Increase/Decrease

Increase/Decrease

Jan 2013/Jan 2012

Financial YTD Jan 2013/Jan 2012

Brisbane East

1.45%

1.77%

Brisbane North

2.32%

2.56%

Brisbane South

-0.75%

1.37%

Brisbane West

-3.09%

-0.94%

Brisbane Inner City

-0.03%

-1.56%

Cairns

9.63%

6.66%

Darling Downs

16.30%

8.53%

Fitzroy

2.05%

6.99%

Gold Coast

3.92%

3.54%

Ipswich

3.49%

3.93%

Logan - Beaudesert

2.05%

3.56%

Mackay

4.34%

6.66%

Moreton Bay North

9.58%

6.28%

Moreton Bay South

-0.88%

2.15%

Queensland - Outback

5.81%

5.14%

Sunshine Coast

4.02%

3.90%

Toowoomba

4.28%

6.96%

Townsville

3.45%

3.58%

Wide Bay

2.06%

3.32%

Queensland TOTAL

3.60%

3.87%

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


Authorised Sale of Gaming Machine Authorities

The Public Trustee of Queensland has recently advertised the commencement of an authorised sale of gaming machine operating authorities.

The number of operating authorities available in each region is:

  • South East - 113
  • Coastal - 96
  • Western - 10

The average sale price from previous tenders is outlined below by region.

SOUTH EAST

Tender

Closing Date of Sale

Ind.

Gov.

Sold

Avg Price $

Tender 22

14/11/2012

204

30

234

67,152

Tender 21

06/06/2012

47

0

47

86,767

Tender 20

14/03/2012

0

0

0

-

Tender 19

09/11/2011

0

31

31

99,432

Tender 18

13/07/2011

28

89

117

91,378

Tender 17

16/02/2011

5

0

5

80,000

Tender 16

14/07/2010

7

0

7

90,714

Tender 15

10/03/2010

57

0

57

112,491

Tender 14

18/11/2009

48

0

48

112,708

Tender 13

15/07/2009

23

0

23

123,487

Tender 12

18/03/2009

12

3

15

124,667

Tender 11

31/12/2008

78

18

96

138,781

Tender 10

16/07/2008

34

1

35

149,805

Tender 9

12/03/2008

15

60

75

142,985

Tender 8

14/11/2007

84

20

104

169,221

Tender 7

02/05/2007

74

82

156

216,948

Tender 6

22/11/2006

32

88

120

283,293

Tender 5

10/05/2006

24

0

24

226,783

Tender 4

26/10/2005

70

22

92

146,800

Tender 3

18/05/2005

39

75

114

123,955

Tender 2

01/11/2004

26

57

83

116,238

Tender 1

12/07/2004

120

57

177

99,453

Totals

1,027

633

1,660

 

COASTAL

Tender

Closing Date of Sale

Ind.

Gov.

Sold

Avg Price $

Tender 22

14/11/2012

58

0

58

56,548

Tender 21

06/06/2012

26

2

28

64,465

Tender 20

14/03/2012

53

0

53

65,600

Tender 19

09/11/2011

40

0

40

64,780

Tender 18

13/07/2011

3

0

3

75,100

Tender 17

16/02/2011

8

0

8

72,500

Tender 16

14/07/2010

12

0

12

74,275

Tender 15

10/03/2010

9

1

10

72,800

Tender 14

18/11/2009

15

0

15

97,130

Tender 13

15/07/2009

16

0

16

111,650

Tender 12

18/03/2009

7

0

7

90,214

Tender 11

31/12/2008

30

37

67

90,457

Tender 10

16/07/2008

28

15

43

83,375

Tender 9

12/03/2008

16

8

24

87,733

Tender 8

14/11/2007

73

28

101

92,971

Tender 7

02/05/2007

29

21

50

113,122

Tender 6

22/11/2006

29

24

53

164,929

Tender 5

10/05/2006

34

0

34

120,382

Tender 4

26/10/2005

28

0

28

88,543

Tender 3

18/05/2005

48

0

48

77,659

Tender 2

01/11/2004

16

54

7

71,900

Tender 1

12/07/2004

22

54

76

70,755

Totals

 

600

244

844

 

 

WESTERN

Tender

Closing Date of Sale

Ind.

Gov.

Sold

Avg Price $

Tender 22

14/11/2012

5

8

13

34,412

Tender 21

06/06/2012

0

11

11

33,700

Tender 20

14/03/2012

0

4

4

25,000

Tender 19

09/11/2011

10

14

24

18,184

Tender 18

13/07/2011

5

0

5

19,000

Tender 17

16/02/2011

27

0

27

18,704

Tender 16

14/07/2010

0

0

0

-

Tender 15

10/03/2010

0

0

0

-

Tender 14

18/11/2009

3

0

3

22,000

Tender 13

15/07/2009

0

0

0

-

Tender 12

18/03/2009

0

0

0

-

Tender 11

31/12/2008

0

0

0

-

Tender 10

16/07/2008

3

0

3

52,076

Tender 9

12/03/2008

7

0

7

50,139

Tender 8

14/11/2007

4

0

4

65,499

Tender 7

02/05/2007

15

7

22

72,909

Tender 6

22/11/2006

6

7

13

74,966

Tender 5

10/05/2006

8

0

8

68,500

Tender 4

26/10/2005

3

0

3

48,355

Tender 3

18/05/2005

4

0

4

30,002

Tender 2

01/11/2004

2

13

15

13,054

Tender 1

12/07/2004

32

4

36

15,260

Totals

134

68

202


Positions Vacant

Club Manager - Yeronga Services Club
The Yeronga Services Club is seeking an experienced General Manager to drive and manage the club operations that consist of two venues.  You will be required to have strong communication skills, hold the appropriate qualifications and have experience in staff supervision, marketing, administration, food, bar, functions and gaming operation.

Please contact Frank Balzary at franb@hmw.com.au or (07) 3234 8913 if you would like further information.

Marketing Manager - Brothers Leagues Club (Cairns)
An experienced marketing manager is required by Brothers Leagues Club Cairns.  This is an award winning Club operates two venues, Brothers Manunda and Fuller Sport Club, and is one of Queensland's larger Club operations. 

Please send applications to Mono Gomez at mono@brotherscairns.com.au or contact (07) 4053 1053.

Head Chef - Stanthorpe Services Club
Stanthorpe Services Club is on of the leading hospitality venues in the area and is currently undergoing refurbishment.  An experienced Head Chef is required to manage food operations.

Please send applications to Ms Jean Hallis at rsl@sctelco.net.au or contact (07) 4681 3617.

NRAS Compliance Administrator - Affordabe Management Corporation
Affordable Management Corporation is seeking a full time NRAS Compliance Administrator.  This role will see you undertaking duties relating to the compliance, reporting and database requirements of 3,000 NRAS approvals.

Key attributes required include excellent communication skills, attention to detail, high degree of accuracy, real estate systems knowledge (specifically Console/Gateway), process driven, compliance and reporting systems knowledge and sound client service experience.

Please send applications to Rob Beaumont at rob@amcnras.com.au

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

Expansions/Renovations - need a feasibility or 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 applications if required.
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

 

 

 

 

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Phone: +61 (7) 3367 1994
Email: 
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