The table above provides an analysis of our clubs bar, gaming machine and total revenue for the latest quarter being December 2019 and also for the first six months of the 2020 financial year.
Both the September and December 2019 quarter show growth in both bar and total revenue, however gaming is comparable to the same six months as last year. Some of the clubs in this survey have completed renovations in the comparative periods which has led to good revenue growth in this six-months.
Again clubs with gaming machines of 50 or greater are continuing to show growth, however those smaller clubs are struggling to increase growth. It is imperative that these smaller clubs connect with their local community and look for small niches in the market that can generative revenue.
If you would like a review of your club’s financial performance, please do not hesitate to contact Nick Nancarrow.
02 4928 8500
The Bolton Building
25 Bolton Street
Newcastle, NSW, 2300
Australia
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02 9923 1817
Suite 1102, Level 11
20 Berry Street
North Sydney, NSW, 2059
Australia