February gaming results for pubs and clubs in Queensland came in up by 4.7 percent yearly, but fell by 8.2 percent monthly, according to data from Wohlsen Consulting.
The group notes that February results for pubs and clubs ‘were pleasing’, supported by strong trading in the Brisbane Inner area, ‘reaffirming the minimal impacts of the new casino operations’.
Operations in clubs saw a stronger uptick, rising by 9.2 percent yearly to AU$116.55 million ($73.27 million). Meanwhile, hotels brought in some AU$149.32 million ($93.88 million) during the period, up 8.4 percent yearly.
Compared to the previous month, hotels’ machine gross revenue was down by 6.5 percent, while that of clubs dropped by 10.2 percent.
Hotels continued to dominate the market, with a 56 percent market share, up 1 percentage point month-on-month.
In the most recent monthly report, Wohlsen notes that ‘The Queensland market was down by 8.2 percent on last month, generally in line with historical movements, mainly reflecting reduced trading days in February relative to January’.
