Queensland’s electronic gaming machine (EGM) sector saw 7% growth year-on-year, and approximately 12% revenue growth month-on-month.
According to statistics from the Queensland Government official website, metered win for the July 2024 period amounted to AU$326m (US$216.3m) compared to June’s AU$384m and July 2023’s AU$303m. Out of the total, AU$137m came from clubs, while AU$190m wasfrom hotels.
This was despite a slight decrease in operational machines and operational sites, where there were 40,126 machines in July 2023 compared to 40,041 in July 2024; and 1,037 sites last year compared to 1,031 sites now. Hotels saw a slight increase in operational machines, from 19,000 in 2023 to 19,087 in 2024, compared to clubs, which experienced a decrease from 21,126 to 20,954.
Recently, a credit card ban was enforced by Responsible Wagering Australia.
Elsewhere, new payment methods are gradually finding their way into the sector, with BitStarz recently expanding to Australia, while Stake, a huge crypto operator, also hails from Australia.
Recent news in Australia’s gambling sector saw the Alliance for Gambling Reforms calling for Prime Minister Anthony Albanese and Opposition Leader Peter Dutton to push for a ban on gambling ads.
