Industry Analysis & Industry Trends
Fierce competition among gambling providers and rising regulatory constraints have restrained industry revenue growth over the past five years. Prior to 2009-10, a steady increase in gaming machine numbers and lax smoking laws provided some support for the industry. However, state governments' introduction of caps on the total number of gaming machines allowed in each club hampered industry revenue growth. As the industry derives the majority of its revenue from gambling, these have been unwelcome developments. However, industry revenue is still expected to rise by an annualised 2.0% over the five years through 2014-15. This includes a rise of 1.3% during 2014-15, to reach $10.7 billion... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Social Clubs industry has a low level of market share concentration, with the top four industry operators contributing well under 10% of industry revenue. Overall, the industry has a low level of ownership concentration with ownership being in the hands of club members. The diversity of club types, such as sporting clubs and hobby clubs, prevent the build-up of any significant economies of scale as club patrons mostly favour clubs that appeal to their particular interests.
Some clubs, however, operate over multiple sites. In this context, the 300 or so clubs that employ 50 or more people, account for 60% of total industry income and over 70% of industry profit. These clubs make up just over 15% of all enterprises... purchase to read more