RSL National President Video Newsletter
The RSL Presidents April video newsletter highlighting the developments in the investigations into RSL NSW, the appointment of Georgie Macris as RSL National CEO, the recent AFOF Care Package program, Invictus Games and the 2017 Anzac Appeal. Read more...
Mayor Appeal Fund to help Tweed recovery efforts
The appeal was launched by Tweed Mayor, Councillor Katie Milne on Monday 3rd April when Prime Minister Malcolm Turnbull and NSW Premier Gladys Berejiklian visited Murwillumbah.
With thousands of Tweed residents facing an uncertain future after the worst floods in the region’s recorded history, the Tweed Council has established a Mayor Appeal Fund to draw together support from across the region and around the country.Read more...
Gaming & Leisure Alert - March 2017
RETAIL LEASE REFORMS - CHANGES FOR CLUB CATERING AND OTHER AGREEMENTS
The NSW Parliament recently passed the Retail Leases Amendment (Review)Bill 2016 (Bill) which was assented to on 1 March 2017, which aims to improve transparency, and simplify legal procedures, and better balance the position of landlords and tenants under the Retail Leases Act 1994 (Act). It is likely to take effect soon, and will ultimately introduce reforms that will impact on Clubs.Read more...
How Saturday on the punt will change
The era of digital wagering in Clubs is now upon us. Clubs NSW selection of Crownbet as its official digital betting partner will bring more attention to existing TAB arrangements in venues, and with Betting.Club now tabling its offering, the competition will start to heat up.
But what is the landscape of this market? Clubs have long felt the effects of digital betting as on-premises betting turnover has been in decline as punters have adopted the use of phone applications, but interestingly, healthy numbers and bar take have not followed suit. UBS, the global investment bank, has long had a handle on the industry and conducted a survey of 1,020 active wagering customers (June 2016) which tells us a lot about the users.Read more...
Small Clubs Will Become a Thing of the Past, Right?
The Club industry is consolidating, which was confirmed in Club NSW’s 2016 Club census. Key findings include:
• 5% of Clubs ceased operations and 30 Clubs amalgamated between 2011 and 2015. The majority being small Clubs;
• Approximately 57% of Clubs with less than $1m in gaming revenue were classified as in financial stress; and
• Larger Clubs were more successful in improving their financial health.
This paints a rather bleak future for the small Club, but is it justified?
To validate whether small Clubs will become a thing of the past BDO carried out some financial modelling to determine their financial sustainability.Read more...
Community-owned and forging ahead. What makes betting.club unique?
Is it possible for a company owned by a group of local Sydney community clubs to make a splash in an industry dominated by multi-national businesses and billionaires? The answer is yes, according to the people behind betting.club, a unique Australian wagering company forging ahead with its drive into the multi-billion dollar Australian digital wagering industry.
betting.club is Australia’s only digital wagering company fully-owned by local registered clubs. betting.club has become the exclusive digital wagering partner of the RSL & Services Clubs Association, and is about to unveil the first of its revolutionary in-club digital wagering lounges.
betting.club was created in Sydney by the Mounties Club group in partnership with Clubs Rivers and Campsie RSL, with the sole purpose of providing a new revenue stream for Clubs to return to the community, a vast change from existing corporate bookmakers whose income benefit investors, many whom are based offshore.
Prince Harry announces 2018 Invictus Games to be held in Sydney
London, 12 November 2016 – Prince Harry today announced that the Invictus Games legacy will continue with the fourth event to be held in Sydney, Australia from 18 – 29 October 2018.
The Invictus Games Sydney 2018 will bring together over 500 competitors from 17 nations who will compete in 11 adaptive sports. Events will be held across Greater Sydney, including Sydney Olympic Park and on and around Sydney Harbour.Read more...