October – slow and steady
In October 2017, the Victorian gaming market slipped back by 0.79% on last year with metro areas wearing the majority of this decline at -1.01%. Country areas held at +0.01%. There is little change in the performance overall for 2017 – certainly not reflective of the growth we saw in 2015-16. Calendar year-to-date, the state is -0.01%.
The graph below presents the expenditure movements in regions in the last 13 months.
Of the 57 areas, 22 of the areas experienced positive growth (13 country and 9 metro areas). Bayside experienced the most growth in expenditure (growth of 14% on October 2016) for metro areas, while Horsham follows with expenditure growth at 13.2% for country areas. Mildura is second with 10.2% growth and is followed by Mitchell with 8.6% growth for country areas. The second area with growth in the metro area is Banyule with 7.1% growth.
How does your venue compare to your market and did November hold its own?
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