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Demand For Poker Machine Entitlements Has Stalled
November 2007
October 2007 has seen the stalling for demand of poker machine entitlements.
This has resulted in softening of prices for both country to city batches and
country to country poker machine entitlement trading.
This has been the direct result of a reduction in mainly City gaming profit
whilst money in has remained constant, the player is no longer playing all of
the money down since the introduction of non-smoking on 1 July 2007.
It is expected that renewed interest in the purchase of additional poker machine
entitlements will occur in the early part of next year particularly for venues
wishing to add somewhere between the last five or ten poker machines to bring
the venues total machine holdings to between twenty and thirty gaming machine
entitlements.
Demand is predicted to grow again firstly by operators whom want to build their
gaming machines from fifteen to twenty, with less risk seen in this bracket for
potential growth in gaming revenues.
It is expected that gaming profits have dipped by an average of 10% to 15%.
Bligh Williams
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