Industry Insights and Trends Data to 30 November 2017

Transcription

1 NSW Clubs Industry Insights and Trends Data to 30 November th January 2018 The contents of this document are primarily based on the NSW Clubs State Gaming Rankings data up to and including the quarter ended 30 November A Creative Commons Attributions licence applies to Liquor & Gaming NSW data. State of NSW (Department of Justice) 2017.

2 Contents 1. Introduction Executive Summary High-level Industry Insights Annual Total NSW Turnover and Net Hold Trends (12 Months to 30 November) Quarterly Total NSW Turnover and Net Hold Trends Total NSW Turnover and Net Hold ($) Quarterly Changes Total NSW Turnover and Net Hold ($) Quarterly Changes to Prior Year Annual Total NSW Turnover and Net Hold ($) Change to the Prior Year Annual Total NSW Turnover, Net Hold ($) and Net Hold (%) Trends Quarterly Net Hold Per Machine and Number of Machines Trend Net Per Machine Per Day Largest Growth LGAs vs Prior Quarter Largest Decline LGAs vs Prior Quarter Top 10 LGAs by Net Per Machine Per Day ($) LGAs by Net Per Machine Per Day ($) and Number of Machines November 2017 NSW Club Ranking Insights Net Hold Per GM Rankings (November Qtr 2017 vs November Qtr 2016) (a) Largest PGM Net Ranking Improvements Clubs with More than 100 GMs (b) Largest PGM Net Ranking Improvements Clubs with 50 to 100 GMs (c) Largest PGM Net Ranking Declines Clubs with More than 100 GMs (d) Largest PGM Net Ranking Declines Clubs with 50 to 100 GMs November 2017 NSW Club Ranking Insights Net Hold Rankings (November Qtr 2017 vs November Qtr 2016) (a) Largest Net Ranking Improvements Clubs with More than 100 GMs (b) Largest Net Ranking Improvements Clubs with 50 to 100 GMs (c) Largest Net Ranking Declines Clubs with More than 100 GMs (d) Largest Net Ranking Declines Clubs with 50 to 100 GMs November 2017 NSW Club Ranking Insights Annual Average Net Hold Per GM Rankings (2017 vs 2016) (a) Largest Annual Average PGM Net Ranking Improvements Clubs with More than 100 GMs (b) Largest Annual Average PGM Net Ranking Improvements Clubs with 50 to 100 GMs (c) Largest Annual Average PGM Net Ranking Declines Clubs with More than 100 GMs (d) Largest Annual Average PGM Net Ranking Declines Clubs with 50 to 100 GMs November 2017 NSW Club Ranking Insights Annual Average Net Hold Rankings (2017 vs 2016) (a) Largest Annual Average Net Ranking Improvements Clubs with More than 100 GMs Page 2 of 36

3 5.2(b) Largest Annual Average Net Ranking Improvements Clubs with 50 to 100 GMs (c) Largest Annual Average Net Ranking Declines Clubs with More than 100 GMs (d) Largest Annual Average Net Ranking Declines Clubs with 50 to 100 GMs November 2017 NSW Club Ranking Insights Net Hold Per GM Rankings (November 2017 vs August 2017) (a) Largest Current Quarter PGM Net Ranking Improvements Clubs with More than 100 GMs (b) Largest Current Quarter PGM Net Ranking Improvements Clubs with 50 to 100 GMs (c) Largest Current Quarter PGM Net Ranking Declines Clubs with More than 100 GMs (d) Largest Current Quarter PGM Net Ranking Declines Clubs with 50 to 100 GMs November 2017 NSW Club Ranking Insights Net Rankings (November 2017 vs August 2017) (a) Largest Current Quarter Net Ranking Improvements Clubs with More than 100 GMs (b) Largest Current Quarter Net Ranking Improvements Clubs with 50 to 100 GMs (c) Largest Current Quarter Net Ranking Declines Clubs with More than 100 GMs (d) Largest Current Quarter Net Ranking Declines Clubs with 50 to 100 GMs November 2017 Quarter - Club Machine Movements November 2017 Quarter Largest Machine Number Increases November 2017 Quarter Largest Machine Number Reductions Important Information for Report Users Page 3 of 36

4 1. Introduction The following report provides a range of insights in regard to the NSW Clubs Industry based on the NSW State Gaming data. The purpose is to provide PKF clients and potential clients in the industry with information relevant to the conduct of their Clubs for the benefit of their communities. 2. Executive Summary NSW State-Level Insights Annual growth in total NSW Club Turnover was 0.5% and Net was a decline of -0.2% in the 12 months ended 30 November This trend likely reflects the combination of key changes impacting the industry, including higher RTPs, MTGMs, Links and demographic and technological developments. The November 2017 quarterly turnover decreased by -1.0% and Net decreased by -0.8% relative to the August 2017 quarter. The November 2017 quarterly turnover increased by 1.7% and Net increased by 1.1% relative to the November 2016 quarter. Net ($) continues to lag the growth in Turnover due to the impact of higher RTP(%) and the increasing penetration of MTGMs and Links. Machine numbers continue in long-term decline across NSW. The Average Net Per Machine Per Day for the November 2017 quarter for the Top 25 Clubs was $275 and the overall NSW Average was $158. Club Ranking Movements Refer to sections 4.1, 4.2, 5.1, 5.2, 6.1 and 6.2 for the largest increases and decreases in key rankings for the current quarter and the annual average for the year to November Club Machine Movements Refer to section 7 for the largest individual increases and decreases by venue in machine numbers for the current quarter. Page 4 of 36

5 3. High-level Industry Insights 3.1 Annual Total NSW Turnover and Net Hold Trends (12 Months to 30 November) 3.2 Quarterly Total NSW Turnover and Net Hold Trends The observed historical quarterly seasonality pattern appears to have changed in FY16 and FY17, such that the May quarter no longer rebounds strongly after the seasonal low in the February quarter. Page 5 of 36

6 3.3 Total NSW Turnover and Net Hold ($) Quarterly Changes 3.4 Total NSW Turnover and Net Hold ($) Quarterly Changes to Prior Year Quarterly growth in Turnover relative to the same quarter in the prior year increased in November to 2% after a number of subdued quarters. Page 6 of 36

7 3.5 Annual Total NSW Turnover and Net Hold ($) Change to the Prior Year Growth in Net ($) continues to lag the growth in Turnover due to the impact of higher RTP(%) and the increasing penetration of MTGMs and Links. 3.6 Annual Total NSW Turnover, Net Hold ($) and Net Hold (%) Trends The annual Net Hold (%) has now dropped below 7.2% for the first time. Page 7 of 36

8 3.7 Quarterly Net Hold Per Machine and Number of Machines Trend Machine numbers decreased by 327 during the November 2017 quarter. 3.8 Net Per Machine Per Day Page 8 of 36

9 3.9 Largest Growth LGAs vs Prior Quarter 3.10 Largest Decline LGAs vs Prior Quarter Page 9 of 36

10 3.11 Top 10 LGAs by Net Per Machine Per Day ($) 3.12 LGAs by Net Per Machine Per Day ($) and Number of Machines Page 10 of 36

11 4.1 November 2017 NSW Club Ranking Insights Net Hold Per GM Rankings (November Qtr 2017 vs November Qtr 2016) The Net Hold Per GM Rankings are a key measure of a Club s effectiveness, irrespective of its total number of machines. Note - Large changes are often attributable to significant structural changes in club activities (eg renovations, amalgamations, gaming floor changes etc). 4.1(a) Largest PGM Net Ranking Improvements Clubs with More than 100 GMs Page 11 of 36

12 4.1(b) Largest PGM Net Ranking Improvements Clubs with 50 to 100 GMs Page 12 of 36

13 4.1(c) Largest PGM Net Ranking Declines Clubs with More than 100 GMs Page 13 of 36

14 4.1(d) Largest PGM Net Ranking Declines Clubs with 50 to 100 GMs Page 14 of 36

15 4.2. November 2017 NSW Club Ranking Insights Net Hold Rankings (November Qtr 2017 vs November Qtr 2016) 4.2(a) Largest Net Ranking Improvements Clubs with More than 100 GMs Page 15 of 36

16 4.2(b) Largest Net Ranking Improvements Clubs with 50 to 100 GMs Page 16 of 36

17 4.2(c) Largest Net Ranking Declines Clubs with More than 100 GMs Page 17 of 36

18 4.2(d) Largest Net Ranking Declines Clubs with 50 to 100 GMs Page 18 of 36

19 5.1 November 2017 NSW Club Ranking Insights Annual Average Net Hold Per GM Rankings (2017 vs 2016) The Net Hold Per GM Rankings are a key measure of a Club s effectiveness, irrespective of its total number of machines. Note - Large changes are often attributable to significant structural changes in club activities (eg renovations, amalgamations, gaming floor changes etc). 5.1(a) Largest Annual Average PGM Net Ranking Improvements Clubs with More than 100 GMs Page 19 of 36

20 5.1(b) Largest Annual Average PGM Net Ranking Improvements Clubs with 50 to 100 GMs Page 20 of 36

21 5.1(c) Largest Annual Average PGM Net Ranking Declines Clubs with More than 100 GMs Page 21 of 36

22 5.1(d) Largest Annual Average PGM Net Ranking Declines Clubs with 50 to 100 GMs Page 22 of 36

23 5.2. November 2017 NSW Club Ranking Insights Annual Average Net Hold Rankings (2017 vs 2016) 5.2(a) Largest Annual Average Net Ranking Improvements Clubs with More than 100 GMs Page 23 of 36

24 5.2(b) Largest Annual Average Net Ranking Improvements Clubs with 50 to 100 GMs Page 24 of 36

25 5.2(c) Largest Annual Average Net Ranking Declines Clubs with More than 100 GMs Page 25 of 36

26 5.2(d) Largest Annual Average Net Ranking Declines Clubs with 50 to 100 GMs Page 26 of 36

27 6.1 November 2017 NSW Club Ranking Insights Net Hold Per GM Rankings (November 2017 vs August 2017) The Net Hold Per GM Rankings are a key measure of a Club s effectiveness, irrespective of its total number of machines. Note - Large changes are often attributable to significant structural changes in club activities (eg renovations, amalgamations, gaming floor changes etc). 6.1(a) Largest Current Quarter PGM Net Ranking Improvements Clubs with More than 100 GMs Page 27 of 36

28 6.1(b) Largest Current Quarter PGM Net Ranking Improvements Clubs with 50 to 100 GMs Page 28 of 36

29 6.1(c) Largest Current Quarter PGM Net Ranking Declines Clubs with More than 100 GMs Page 29 of 36

30 6.1(d) Largest Current Quarter PGM Net Ranking Declines Clubs with 50 to 100 GMs Page 30 of 36

31 6.2. November 2017 NSW Club Ranking Insights Net Rankings (November 2017 vs August 2017) 6.2(a) Largest Current Quarter Net Ranking Improvements Clubs with More than 100 GMs Page 31 of 36

32 6.2(b) Largest Current Quarter Net Ranking Improvements Clubs with 50 to 100 GMs Page 32 of 36

33 6.2(c) Largest Current Quarter Net Ranking Declines Clubs with More than 100 GMs Page 33 of 36

34 6.2(d) Largest Current Quarter Net Ranking Declines Clubs with 50 to 100 GMs Page 34 of 36

35 7. November 2017 Quarter - Club Machine Movements 7.1 November 2017 Quarter Largest Machine Number Increases 7.2 November 2017 Quarter Largest Machine Number Reductions Page 35 of 36

36 8. Important Information for Report Users Confidentiality and Copyright This document is confidential and for the use of PKF personnel, clients and potential clients. The contents of this report are subject to copyright and the report is not to be distributed, forwarded, copied or duplicated in any form or manner. A Creative Commons Attributions licence applies to Liquor & Gaming NSW data. State of NSW (Department of Justice) Disclaimer and Reliance The contents of this document are based on the NSW Clubs State Gaming Rankings data up to and including the quarter ended 30 November This report has been prepared using the data provided by Liquor & Gaming NSW. Any reliance on the contents of the report is at the relevant party s own risk. Whilst all efforts have been made to ensure the accuracy and validity of the report contents, PKF does not warrant or otherwise provide any guarantee that the report is free from error or inaccuracy. PKF disclaims any assumption of responsibility for the report contents or interpretations thereof. PKF is not responsible for the completeness, validity or accuracy of the underlying data prepared by the state governments. PKF International PKF International Limited administers a network of legally independent firms which carry on separate businesses under the PKF Name. PKF International Limited is not responsible for the acts or omissions of individual member firms of the network. Page 36 of 36