QLD Poker Machine Tender #49 (Pubs) Tender Open
By Steve Gagel, Director of Business Services and Taxation
The Qld Office of Liquor and Gaming Regulation has opened the tender in today’s Courier Mail for the latest round of gaming authorities (last tender and value in brackets), being:
Pub authorities
After no supply for any region the November 2021 Tender we have some supply to create a market. No supply again for the Western Region and limited supply for the South East. Coastal supply continues to be strong on the back of rising prices over the past 4 tenders. Expect the South East to increase with only 2 authorities in the market and Coastal to return to the long term average of $75k on the back of an active buyer realising machine numbers.
- 2 South East ($197,937 - tender #47)
- 44 Coastal ($122,516 - tender #48)
- Nil Western ($17,061 - tender #45)
Pub authorities
After no supply for any region the November 2021 Tender we have some supply to create a market. No supply again for the Western Region and limited supply for the South East. Coastal supply continues to be strong on the back of rising prices over the past 4 tenders. Expect the South East to increase with only 2 authorities in the market and Coastal to return to the long term average of $75k on the back of an active buyer realising machine numbers.
If you intend to bid in the Pub Tender, please ensure you have lodged your completed form (along with the lodgement fee of $68) in the tender box (facsimile, post or email not acceptable) with the Public Trust Office, Ground Floor, 444 Queen Street, Brisbane prior to 4pm Wednesday 13 April 2022.
For more information, click here.