QLD Poker Machine Tender #59 (Pubs) - Tender RESULTS

QLD Poker Machine Tender #59 (Pubs) - Tender RESULTS

By Steve Gagel, Director of Business Services and Taxation

The Qld Office of Liquor and Gaming Regulation has released (finally) the result of Tender #59 today via its website, being:

• $424,929 South East (Down from $564,867 - tender #58) – 24.77% decrease
• $186,895 Coastal (Down from $201,362 - tender #58) – 7.18% decrease
• $156,408 Western (Up from $131,500 - tender #58) – 18.94% increase

The South East has continued with a price drop, reducing 24.77% in this tender and 35.7% over the last two tenders (second largest drop since tenders 7/8/9 late Nov 2007 to Mar 2008 - showing 60.92% drop), potentially the mop up of the confusion in pricing due to OLGR not closing Tender #57 before opening Tender #58. All pools in all regions cleared with 145 in the South East, 40 in Coastal and 15 in Western. Coastal region was down 7.18% in this tender but trading around the average for the past 11 tenders with Western region continuing with its record breaking run of high's improving and impressive 18.94% in this tender and 48.93% in the past three tenders.

Historical data on prior tenders can be found here.