Queensland’s gaming industry has reported encouraging results for December, with state-wide pubs and clubs Electronic Gaming Machine (EGM) total gross revenue rising by 9.0 percent compared to December of the previous year and saw a 2.2 percent uptick from the prior month.
When examining revenue by venue type, clubs revenue rose by 4.6 percent to AU$142.8 million ($89.3 million), while hotels revenue saw a marginal increase of 0.4 percent to AU$180 million ($112.5 million).
As a result, clubs increased their market share from 43.2 percent to 44.2 percent, while hotels saw a decline from 56.8 percent to 55.8 percent.
The total gross revenue for the calendar year reached an impressive AU$3.6 billion ($2.25 billion), marking a 9.9 percent increase over 2023.
According to a dispatch by Geoff Wohlsen of Wohlsen Consulting, an upward trend in market share for clubs has been consistent since August 2024, indicating a shift in consumer preferences.
Wohlsen speculated that younger demographics may be reducing their gaming activity for economic reasons. However, he pointed out that the new Queen’s Wharf Casino in Brisbane could be capturing a portion of the market share traditionally held by pubs.
Some regional markets have also shown remarkable growth. Notably, the Douglass Local Government Area (LGA) experienced a staggering 67.2 percent increase in EGM revenue, attributed to the aggressive strategies of one or two local venues.
