A PROFITABLE YEAR FOR CASINOS
At the end of June 2001, there were 13 casinos operating in Australia which employed a total of 20,413 persons. The majority (60%) of persons in the industry (12,319), comprising 7,593 males and 4,726 females, were employed on a permanent full-time basis. In addition, there were 4,485 casual employees and 3,609 permanent part-time employees at the end of June 2001. The industry employed 8,353 licensed gaming staff, 2,099 waiters and waitresses, and 1,939 bar managers and attendants.
The casino industry generated a total income of $3,137m (an increase of 3% from the previous year), with takings from gambling contributing $2,504m or 80% to the total income. The main components of gambling income were net takings from gaming tables ($1,464 million) and net takings from poker/gaming machines ($1,021 million) which have increased by 2% and 9% respectively since 1999-2000. In contrast to these increases, net takings from Keno ($19 million) decreased by 11%.
The casinos industry incurred total expenses of $2,599m during 2000-01, resulting in an operating profit before tax of $537m. This represents an increase of 19% from the previous year and an operating profit margin of 17.4%. As with previous years, labour costs remained the most significant expense, accounting for 32% ($842m) of total expenses. Gambling taxes and levies ($503m) were the next most significant expense for casinos and represented 19% of total expenses.
Main features of Casinos, Australia, 2000-01 (ABS Cat No. 8683.0) are available free of charge on this site.
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