GAMING FIGURES SHOW DEMAND EVEN WITHOUT SUPPLY

The latest gaming figures from ILGA speak to the argument that supply is not the key factor in the proliferation of gaming – with revenue rising as machine numbers fall.

Dollar Signs on Slot Machine Wheels - GamblingThe 2014-15 report into gaming in NSW by the Independent Liquor & Gaming Authority (ILGA) released this week shows an overall increase in gaming turnover through poker machines of six per cent.

One of the less expected facts behind this modest increase is that 244 machines were removed from circulation, as part of ILGA’s program to resume one machine per three sold (as per the Gaming Machine Act 2001).

The top-grossing districts remained relatively unchanged, with the western Sydney LGA (Local Government Area) of Fairfield blitzing the field – turning over 207 per cent times second-place getter Canterbury. The money put through poker machines in Fairfield LGA amounted to 10.5 per cent of the State’s total.

In fact the top ten districts accounted for the lion’s share of gaming spend: 43 per cent of revenue from the State’s 147 LGAs, from just 27.1 per cent of the machines.

New South Wales currently licenses 89,761 EGMs, of which 25.67 per cent are in hotels, and 74.33 per cent in Clubs.

Clubs hold an average of 1:3 times as many machines in most LGAs, including the top 10 – with the exception of Sydney, where the situation is reversed. In the Sydney CBD hotels hold 81.1 per cent of machines.

Number One performer Fairfield sees hotels hold just 14 per cent of the 3394 EGMs.

The Liquor Act 2007 provisions for the Independent Liquor & Gaming Authority (ILGA) to balance the task of “an appropriate balance between permitting the sale and consumption of liquor and gaming and ensuring that sale and consumption are accompanied by responsibility and safety”.

 

EGMs in      EGMs in     Total              Annual LGA
Hotels          Clubs          Machines    Turnover               Per machine   Per week

Fairfield             477              2917            3394               7,616,401,065      2244078.10      43155.35

Canterbury      398              1590            1988               3,668,479,437      1845311.59      35486.76

Bankstown      460              2067            2527               3,663,228,336      1449635.27      27877.60

Sydney              3340            778              4118               3,640,053,749      883937.29        16998.79

Blacktown        670              1991            2661               2,882,510,921      1083243.49      20831.61

Parramatta      602              1300            1902               2,409,873,246      1267020.63      24365.78

Auburn              277              582              859                 2,199,414,432      2560435.89      49239.15

Holroyd             179              1195            1374               2,000,659,219      1456083.86      28001.61

Penrith              429              2087            2516               1,999,084,898      794548.85        15279.79

Wollongong     532              2508            3040               1,854,850,779      610148.28        11733.62

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