The release of Queensland’s pubs and clubs gaming data for June 2024 revealed a robust performance for the gaming venues, with total gross revenue experiencing a 7.9 percent increase from the same month in the previous year.
According to Geoff Wohlsen, from Wohlsen Consulting, compared to May revenue saw a 2.8 percent decrease.
Pubs saw a 7.9 percent increase in gross revenue year-on-year, while clubs experienced an 8 percent increase. However, compared to May 2024, pubs’ revenue fell by 3.4 percent and clubs’ revenue fell by 2 percent. Despite this, club market share increased slightly.
Traditionally, June sees a moderate increase in gaming revenue compared to May, typically ranging from 2 percent to 4 percent, attributed to the end of the financial year. This year, the four weekends in June further contributed to the positive results.
Overall, Queensland’s total gaming machine gross revenue for June 2024 was AU$284.8 million ($192.4 million).
Average daily revenue per machine rose from AU$219 ($148) to AU$237 ($160), an 8.2 percent increase. Clubs held a 43.3 percent market share, while hotels’ market share was 56.7 percent.
May offered 31 trading days compared with June’s 30. However, June benefited from 14 major trading days (Friday, Saturday, and Sunday) compared with 13 major trading days in May, contributing to the positive results.