POKER MACHINES – AUSTRALIA

Poker machine gambling is down overall, but not in the NT; WA tops lottery participation rates

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Original article by Roy Morgan
Market Research Update – Page: Online : 21-Jan-20

The latest data from Roy Morgan’s Gambling Currency Report shows that the Northern Territory has the highest proportion of poker machine players, with 23.6% of residents aged 18+ having used a machine in an average three-month period. It is followed by Queensland (14.9%), New South Wales (incl. ACT) (14.2%), Tasmania (13.5%), South Australia (12.4%), Victoria (10.6%) and Western Australia (5.0%). The Northern Territory also has the highest betting participation rate, with 15.3% of residents aged 18+ having placed a bet in an average three-month period, followed by Victoria (10.8%), New South Wales (incl. ACT) (10.0%), Western Australia (9.6%), Queensland (8.1%), South Australia (7.4%) and Tasmania (4.7%). Meanwhile, Western Australia has the highest participation rate for lotteries and scratch tickets, with 52.8% of residents aged 18+ having purchased a ticket in an average three-month period. The Gambling Currency Report’s findings have been taken from the Roy Morgan Single Source survey, compiled by in-depth face-to-face interviews with over 1,000 Australians each week in their homes.

CORPORATES
ROY MORGAN LIMITED

Woolies gives up liquor and gambling

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Original article by Sue Mitchell
The Australian Financial Review – Page: 1 & 18 : 4-Jul-19

Woolworths CEO Brad Banducci says the retail giant has been working on the proposed demerger of its liquor and hotels business for more than a year. Endeavour Group will be created via the merger of pubs and poker machines operator ALH Group and Endeavour Drinks, which owns the Dan Murphy’s and BSW liquor chains. Woolworths plans to divest Endeavour Group via a demerger, trade sale or IPO in 2020 and retain a minority stake. Woolworths has attracted criticism over its exposure to poker machines, but Banducci stresses that this was not a driver of the demerger proposal.

CORPORATES
WOOLWORTHS GROUP LIMITED – ASX WOW, ENDEAVOUR GROUP, ALH GROUP LIMITED, DAN MURPHY’S, BWS – BEER WINE SPIRITS, CITIGROUP PTY LTD, UBS HOLDINGS PTY LTD, ABERDEEN ASSET MANAGEMENT LIMITED, LANGTON’S, CELLARMASTER WINES PTY LTD, PINNACLE DRINKS, THE MATHIESON GROUP PTY LTD, BIG W DISCOUNT STORES, THE QUANTIUM GROUP PTY LTD

Pokies still the King of gambling in Australia

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Original article by Roy Morgan
Market Research Update – Page: Online : 30-Apr-18

The Roy Morgan Gambling Currency Reports show that poker machines (including online) account for 56.7% of all the dollars gambled in Australia. Meanwhile, 20.7% of the gambling dollar is spend on all forms of betting, including sports betting (5.2%) and horse racing, harness racing and greyhounds (15.5%). Lottery/Scratch tickets make up a further 14.2% of Australia’s gambling dollars, followed by Casino table games (including online) at 5.0% and Keno at 3.4%. Roy Morgan CEO Michele Levine notes that more than 2.7 million Australians aged 18+ (14.2%) use a poker machine in an average three months, significantly higher than the two million Australians (10.5%) who place a bet on a horse race, harness race, greyhounds or sporting event.

CORPORATES
ROY MORGAN LIMITED

Aristocrat Leisure lands games giant Big Fish for $1.3 billion

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Original article by John Stensholt
The Australian Financial Review – Page: 19 : 1-Dec-17

Aristocrat Leisure’s push to reduce its reliance on poker machine sales continued on 30 November with its announcement that it had acquired US social gaming firm Big Fish Gaming for $US900 million ($A1.3 billion). The purchase will increase the percentage of its revenue that comes from digital sources to around 38 per cent, and follows its August purchase of Israeli-based game developer Plarium. Aristocrat also handed down its 2017 fiscal year results on 30 November, reporting a net profit of $A495 million, up 41 per cent, earned on revenue of about $A2.4 billion.

CORPORATES
ARISTOCRAT LEISURE LIMITED – ASX ALL, BIG FISH GAMING INCORPORATED, PLARIUM LLC, CHURCHILL DOWNS, MOODY’S INVESTORS SERVICE INCORPORATED, VIDEO GAMING TECHNOLOGIES INCORPORATED

Ainsworth cashes out $473m pokies stake

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Original article by Perry Williams
The Australian Financial Review – Page: 21 : 24-Feb-16

Australian-listed poker machine maker Ainsworth Game Technology has posted a 2015-16 interim net profit of $A33.1m, which is four per cent lower than previously. Meanwhile, founder Len Ainsworth has sold his 53 per cent stake in the group to Novomatic for about $A473m. Ainsworth will remain chairman, and intends to donate some of the proceeds of the sale to philanthropic causes such as medical research.

CORPORATES
AINSWORTH GAME TECHNOLOGY LIMITED – ASX AGI, NOVOMATIC, ARISTOCRAT LEISURE LIMITED – ASX ALL, ST VINCENT’S HOSPITAL SYDNEY LIMITED, WATERMARK FUNDS MANAGEMENT PTY LTD

1.2m Australians play poker machines at least weekly

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Original article by Roy Morgan Research
Market Research Update – Page: Online : 20-Oct-15

A Roy Morgan Single Source survey has found that 16 per cent of Australians aged 18+ (or 2.9 million people) played poker machines in the last three months, while 42 per cent of them (1.2 million people) play poker machines at least once a week. The survey, which was carried out in the year to June 2015, also shows that 51 per cent of people who played poker machines in the last three months decided how much to spend before participating, compared with 52 per cent of frequent players. Meanwhile, just 25 per cent of frequent poker machine players say they usually play on the spur of the moment, compared with 33 per cent of players overall.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Ainsworth looks to lift its international game

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Original article by Perry Williams
The Australian Financial Review – Page: 16 : 5-Jun-15

Ainsworth Game Technology has advised that its 2014-15 after-tax net profit will be line with the previous financial year. The listed gaming machine maker expects revenue to be two per cent lower at about $A240m, citing disappointing sales in Australia during the second half. CEO Danny Gladstone says the group will focus on expanding its international business, noting that there is limited opportunity for growth in the Australian market.

CORPORATES
AINSWORTH GAME TECHNOLOGY LIMITED – ASX AGI, ARISTOCRAT LEISURE LIMITED – ASX ALL

Pokies levy drags down Tatts profit

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Original article by Jessica Gardner
The Australian Financial Review – Page: 15 : 22-Aug-14

Tatts Group has posted a 2013-14 net profit of $A200.4m, which is 19 per cent lower than previously. The result was marred by factors such as a $A42.6m poker machine levy, while its 2012-13 result had been boosted by a one-off tax benefit. The wagering division’s revenue was down two per cent at $A642.3m, while the lotteries division’s revenue was 4.3 per cent lower at $A1.9bn. CEO Robbie Cooke says Tatts will launch a new website and a new wagering brand

CORPORATES
TATTS GROUP LIMITED – ASX TTS, CITIGROUP PTY LTD, PENGANA CAPITAL LIMITED

Aristocrat scores jackpot in pokies deal

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Original article by Andrew White
The Australian – Page: 21 : 8-Jul-14

Australian-listed poker machines maker Aristocrat Leisure has acquired US company Video Gaming Technologies for $A1.3 billion. The purchase is being funded by an equity raising and debt, with $A375 million of shares offered to institutions at $A5.12 and $US1.3 billion raised via loans in the US. Aristocrat CEO Jamie Odell said on 7 July 2014 that the program of acquiring digital gaming companies will be continued

CORPORATES
ARISTOCRAT LEISURE LIMITED – ASX ALL, VIDEO GAMING TECHNOLOGIES INCORPORATED, OPTIONSXPRESS AUSTRALIA PTY LTD, BALLY ENTERTAINMENT CORPORATION, SHUFFLE MASTER AUSTRALIA PTY LTD, SCIENTIFIC GAMES CORPORATION, WMS GAMING INCORPORATED