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Post July 1st - Bar Trade Remains Strong
September 2007
Despite the predicted doom and gloom for the market on
supposed massive declines that were expected from the introduction of
non-smoking, the performance of the majority of bars show that they have
remained strong or even grown in terms of sales after the introduction of
non-smoking unlike a large number of gaming rooms which did not introduce
non-smoking prior to July 1 and do not have a smoking break out area. These
preliminary results have also shown that country gaming has not been as volatile
as gaming in the city.
There is no hard and fast rules about the cause of the minority of bars which
have shown declines in trading performance but may be contributed too by
competing venues having completed major refurbishment, with late night trading
venues being the hardest hit early in July, now returning slowly to past trading
levels with a combination of new clients and the return of existing clientele
coming to grips with the new smoke free environment.
John Williams
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