Industry Analysis & Industry Trends
The Social Clubs industry has been going through some turbulent times. Before 2008-09, a steady increase in gaming machine numbers and lax smoking laws aided industry prosperity. However, the introduction of caps on the total number of gaming machines allowed in each club by various state governments, and the impact of the global financial crisis, hurt the industry. For an industry that now derives close to 60% of its revenue from gambling, these have been unwelcome developments. Furthermore, the effect of smoking bans introduced in the early 2000s has constrained industry revenue. Industry revenue derived from non-gambling activities is expected to remain mostly flat over the five years through 2013-14... purchase to read more
Industry Report - Industry Products Chapter
Many clubs are best known for their formation purpose or as a venue for providing a regular meeting place that offers good value food and beverages. However, the income sources for clubs may vary significantly from their perceived primary activities. Revenue for gambling mainly consists of total bets minus winnings. Considering the differences between state legislation, IBISWorld expects that total gambling income will increase as previous poker machine reforms are overturned.
While establishments that house gambling facilities often prioritise gambling as a source of income, a number of industry establishments do not house gambling machines. These establishments often prioritise food and beverage, as well as live entertainment... purchase to read more