No Oppo Supporters Hawks and Pokies

[Tassie Cryptik]

The other $20 Million lost perhaps outweighs the $24 won.

 

[Brant]

The other $20 Million lost perhaps outweighs the $24 won.

Not if you're using maths.


What numbers are you referencing, out of interest? The -$20m & +$24m?

 

[Hawkk]

The other $20 Million lost perhaps outweighs the $24 won.

With respect the Hawthorn Football Club is not clearing $24m profit from its poker machine operations...

 

[MrPremiership]

With respect the Hawthorn Football Club is not clearing $24m profit from its poker machine operations...

Hawks top charts for pokie earnings again

Hawthorn has again topped the charts for Vic clubs' takings from pokies

www.afl.com.au

HAWTHORN - Up from $23.3m to $24.3 (two venues)
CARLTON – Up from $17.6m to $18.4 (four venues)
COLLINGWOOD – Up from $12.2m to $13.2 (two venues)
ESSENDON – Down from $11.9m to $11.6m (two venues)
MELBOURNE – Up from $10.3m to $10.4m (two venues)
GEELONG – Up from $5.2m to $6.3m (two venues)
WESTERN BULLDOGS – Up from $5.9m to $6.1m (two venues)
RICHMOND – Down from $5.4m to $5.3m (one venue)
ST KILDA – Down from $2.11m to $2.09m (one venue)

That's takings from pokies....not sure profit

 

[Brant]

Hawks top charts for pokie earnings again

Hawthorn has again topped the charts for Vic clubs' takings from pokies

www.afl.com.au

HAWTHORN - Up from $23.3m to $24.3 (two venues)
CARLTON – Up from $17.6m to $18.4 (four venues)
COLLINGWOOD – Up from $12.2m to $13.2 (two venues)
ESSENDON – Down from $11.9m to $11.6m (two venues)
MELBOURNE – Up from $10.3m to $10.4m (two venues)
GEELONG – Up from $5.2m to $6.3m (two venues)
WESTERN BULLDOGS – Up from $5.9m to $6.1m (two venues)
RICHMOND – Down from $5.4m to $5.3m (one venue)
ST KILDA – Down from $2.11m to $2.09m (one venue)

That's takings from pokies....not sure profit

I think the important word in that Hawkk post was profit.

At a guess & without reading, it's more likely that revenue was up from $23.3m to $24.3m.


EDIT: If it was $24.4m profit from pokies & we finished with only a $2m profit for the year they're we're really fu**ed.

 

[MrPremiership]

I think the important word in that Hawkk post was profit.

At a guess & without reading, it's more likely that revenue was up from $23.3m to $24.3m.


EDIT: If it was $24.4m profit from pokies & we finished with only a $2m profit for the year they're we're really fu**ed.

I suspect it's the revenue number, but unsure.

Hawks profit last year was $5m

2019 League, Club, Stadium Annual Reports - Sports Industry AU

AFL Annual Reports 2019 AFL Concise Report 2019 AFL Stadia Annual Report 2019 Adelaide Annual Report 2019 Brisbane Annual Report

www.footyindustry.com

 

[Brant]

I suspect it's the revenue number, but unsure.

Hawks profit last year was $5m

2019 League, Club, Stadium Annual Reports - Sports Industry AU

AFL Annual Reports 2019 AFL Concise Report 2019 AFL Stadia Annual Report 2019 Adelaide Annual Report 2019 Brisbane Annual Report

www.footyindustry.com

$5m - that's bloody good - thanks!

$2m may have been just the profit from pokies ($2.15m, from memory)

 

[MrPremiership]

$5m - that's bloody good - thanks!

$2m may have been just the profit from pokies ($2.15m, from memory)

$2M was the operating net surplus, not related to pokie revenue

 

[Brant]

$2M was the operating net surplus, not related to pokie revenue

Ah, gotcha.

 

[bris tarangau]

Hawks top charts for pokie earnings again

Hawthorn has again topped the charts for Vic clubs' takings from pokies

www.afl.com.au

HAWTHORN - Up from $23.3m to $24.3 (two venues)
CARLTON – Up from $17.6m to $18.4 (four venues)
COLLINGWOOD – Up from $12.2m to $13.2 (two venues)
ESSENDON – Down from $11.9m to $11.6m (two venues)
MELBOURNE – Up from $10.3m to $10.4m (two venues)
GEELONG – Up from $5.2m to $6.3m (two venues)
WESTERN BULLDOGS – Up from $5.9m to $6.1m (two venues)
RICHMOND – Down from $5.4m to $5.3m (one venue)
ST KILDA – Down from $2.11m to $2.09m (one venue)

That's takings from pokies....not sure profit

Lets filter this data to clubs and number of venues. Hawthorn are one of six that have same number of venues!!!

 

[Gralin]

Yeah that article is saying the venue's took $24mil out of peoples pockets via Pokies, though I'm not sure if that is total revenue for the venue's ie inclusive of food, drinks etc

Still revenue is not profit

 

[Tassie Cryptik]

Yep revenue is real, profit is after the accountant's get through minimizing tax due.

 

[Cyril says]

Yeah that article is saying the venue's took $24mil out of peoples pockets via Pokies, though I'm not sure if that is total revenue for the venue's ie inclusive of food, drinks etc

Still revenue is not profit

It’s a throughput number.

Not particularly relevant to anything - none of profit/loss, capital deployed or risk.

It measures a level of punter misery I suppose, but even then it ignores pay out, as I understand it.

 

[Tassie Cryptik]

Its not a throughput number, that would be closer to $200m at least.
Its operator revenue.
You misunderstand it.

 

[Tassie Cryptik]

Redirect Notice

www.google.com.au

 

[Brishawk]

Redirect Notice

www.google.com.au

I wonder how many pawn brokers are located in close proximity to pokies venues....

 

[Bumps"N"Grins]

Two in my town are within 100m.
Also the traveling gold and silver exchange lob in the same proximity.

 

[Easy Slips Catch]

I wonder how many pawn brokers are located in close proximity to pokies venues....

Cash converters are often near casinos. Not a bad business model.

 

[Cyril says]

Its not a throughput number, that would be closer to $200m at least.
Its operator revenue.
You misunderstand it.

... from the position of a wholly owned entity.

The important thing is it’s not profit we can bank.

 

[moginie]

Redirect Notice

www.google.com.au

I've met Arthur a few times in social situations.

I wouldn't trust him as far as I could comfortably spit out a rat.

 

[Cyril says]

I've met Arthur a few times in social situations.

I wouldn't trust him as far as I could comfortably spit out a rat.

It’s a horrible story.

 

[Tassie Cryptik]

The $24 mill is profit we banked.

... from the position of a wholly owned entity.

The important thing is it’s not profit we can bank.

 

[Cyril says]

The $24 mill is profit we banked.

We banked $24m in *profit* from pokies??!

I’m not that anxious to get in to an argument about it, but that’s just not right.

Here’s the same number properly reported as *revenue* or ‘gambler losses’ (not profit):

Five AFL clubs awarded new 20-year licenses to operate pokies

Carlton, Hawthorn, Essendon, Richmond and St Kilda have all been handed 20 year licenses to continue operating pokies at venues around the state.

www.theage.com.au

Once you subtract costs the likely profit from these gambler losses is more like $2m. We don’t report the number and I don’t know it - if you have it, please let us know.

The ~$2m would gel well with the reported sale price of these sorts of assets.

Cheers.

 

[cryptor]

We banked $24m in *profit* from pokies??!

I’m not that anxious to get in to an argument about it, but that’s just not right.

Here’s the same number properly reported as *revenue* or ‘gambler losses’ (not profit):

Five AFL clubs awarded new 20-year licenses to operate pokies

Carlton, Hawthorn, Essendon, Richmond and St Kilda have all been handed 20 year licenses to continue operating pokies at venues around the state.

www.theage.com.au

Once you subtract costs the likely profit from these gambler losses is more like $2m. We don’t report the number and I don’t know it - if you have it, please let us know.

The ~$2m would gel well with the reported sale price of these sorts of assets.

Cheers.

I'd be beyond surprised if it was $24m in pure profit. If that were the case we could pay off the entire Dingley HQ project in just a few years of holding on to them.

 

[Brishawk]

We banked $24m in *profit* from pokies??!

I’m not that anxious to get in to an argument about it, but that’s just not right.

Here’s the same number properly reported as *revenue* or ‘gambler losses’ (not profit):

Five AFL clubs awarded new 20-year licenses to operate pokies

Carlton, Hawthorn, Essendon, Richmond and St Kilda have all been handed 20 year licenses to continue operating pokies at venues around the state.

www.theage.com.au

Once you subtract costs the likely profit from these gambler losses is more like $2m. We don’t report the number and I don’t know it - if you have it, please let us know.

The ~$2m would gel well with the reported sale price of these sorts of assets.

Cheers.

Yeah my understanding is we bank about $2 million. It is not 24 million.