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HomeNewsAustraliaQueensland revenues up 36 percent at $200m

Queensland revenues up 36 percent at $200m

Australia’s Queensland territory reported net revenue up 36 percent at A$297 million ($200 million) from A$218 million ($147 million) for the month ended on August 2022, data from Wohlson Consulting shows.

Contribution from Hotels (Pub) segment was 58 percent, whereas 42 percent came from Clubs segment.

However on a month to month basis, August 2022 revenues slipped 1.6 percent on a YoY basis at A$297 million ($200 million) from $301 million ($203 million) as reported in July 22. 

Clubs segment revenues grew 31 percent on a YoY basis at A$124 million ($84 million) from A$94.7 million ($64 million), whereas Hotels segment revenues reported a growth of 40 percent on a YoY basis from A$123.8 million ($83 million) to A$172 million ($116 million).

On a month on month basis Clubs segment reported a degrowth of 1.1 percent at A$124 milllion ($84 million) in Aug 2022 from A$125.5 million ($85 million) as reported in the month of July 2022.

Hotels segment revenues also dipped 2 percent on a monthly basis at A$172.8 million ($116 million) from A$176.3 million ($119 million) as reported in July 22.

The machine population dipped 1 percent on a year-on-year basis by the count of 236 machines at 40,056 machines from 40,292 machines installed during the same quarter, last year, across East, North, South West and Central parts of Queensland province.

AGBrief Editorial
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The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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