A dispatch by consultancy company Wohlsen Consulting states that gaming gross revenue in the Queensland club and pub markets increased 7.9 percent in March and 6.7 percent from the previous month.
According to the consultancy data, for March 2024, the electronic gaming machines in the state generated some AU$283.6 million ($184.9 million) in machine gross revenue, or AU$228 ($149) in average daily revenue per machine.
‘We expected March to be strong this year, with the month giving us the perfect revenue scenario of five full weekends and the Easter break all in the trading period.’ stated analyst Geoff Wohlsen.
As a rule of thumb, March gross revenue tends to be about 9 percent ahead of February’s, but this year, the extra trading day in February brought the result closer to March figures.
Clubs appear to be claiming a bit more growth than hotels and this trend has been emerging for a while now. Club market share is up.
‘We have been speculating for some time that the discretionary dollar for the younger markets, who tend to prefer the pub environment, might be tightening, just a bit.’
