Industry Analysis & Industry Trends
Fierce competition among gambling providers, and rising regulatory constraints have constrained revenue growth in the Social Clubs industry over the past five years. Prior to 2010-11, a steady increase in gaming machine numbers and lax legislation provided some support for the industry. However, because the industry derives just under 50% of its revenue from gambling, the introduction of caps on the total number of gaming machines allowed in each club hampered the industry. As a result, industry revenue is expected to decline by an annualised 0.2% over the five years through 2015-16, to total $11.3 billion. This includes a decline of 0.3% in 2015-16... purchase to read more
Industry Report - Industry Products Chapter
The industry is made up of social and sporting clubs. The main activity of these clubs is providing hospitality and gambling services. These clubs also generate revenue through membership fees and venue hire. Often a portion of the revenue derived from the operation of these hospitality venues is used to support community organisations such as sporting and surf lifesaving clubs.
Almost half of the Social Clubs industry's revenue is derived from gambling income, made up of takings from poker or gaming machines and commissions from keno and on-site TABs. The majority of gambling revenue from social clubs is from poker machine operation... purchase to read more