QLD Poker Machine Tender #50 (Pubs) - Tender RESULTS

QLD Poker Machine Tender #50 (Pubs) - Tender RESULTS
By Steve Gagel, Director of Business Services and Taxation

The Qld Office of Liquor and Gaming Regulation has released the result of Tender #50 this morning via its website, being:

• $374,471 South East (Up from $281,500 - tender #49) – 33.02% increase
• $196,815 Coastal (Up from $154,940 - tender #49) – 27.03% increase
• No Market Western ($17,061 - tender #45)

Both South East (39) and Coastal (65) pools cleared with both regions increasing by around a third in value of the last tender, setting all time record high values since the first tender in July 2004. Trade in general has been up in all departments in hospitality of around 20-30% from July to September this year potentially sparking demand for gaming machines to similar levels.

Historical data on prior tenders can be found here.