Entries by Diniesh Angel

JP MORGAN – 10TH ANNUAL SLOT MARKET SURVEY

JPMorgan have just released, for The Drop readers, the 10th Annual Slot Market Survey which highlights the challenge of managing tight capex budgets against the backdrop of a retreating consumer. Competition for share of consumer time and wallet is increasing; the survey suggests, however, that the ANZ slot market can enjoy another year of low […]

SYDNEY’S LOCKOUT LAWS MAY BE LIFTED IN CBD BUT NOT KINGS CROSS

After a cross-party parliamentary committee review of the laws earlier in the year, Ms Berejiklian unveiled plans to drop the 1.30am lockout legislation in the CBD — but not Kings Cross where businesses have been hit the hardest. “While we will await the committee’s report, I agree it’s time to enhance Sydney’s night-life,” Ms Berejiklian […]

WINE IS SET TO OVERTAKE BEER AS AUSTRALIA’S MOST POPULAR ALCOHOLIC BEVERAGE

Australia’s average beer consumption has fallen by 25 per cent since late 1999 Wine consumption per litre went up eight per cent while spirits rose 14 per cent Official figures showed wine almost overtaking beer share of alcohol consumed Beer is now 39 per cent of alcohol market compared with 38.6 per cent for wine […]

THE HOTTEST CASINO RESORTS THAT HAVE OPENED FOR BUSINESS IN 2019

Most travellers seeking the excitement and thrills of the casino experience will head to Las Vegas to get the very best bang for their buck. But there are more gaming destinations popping up all over the world, and 2019 has seen a selection of top-class properties and facilities opening their doors for the first time. […]

ACCC PUTS LOYALTY SCHEMES AND DATA MONETISATION UNDER THE MICROSCOPE

The ACCC has identified significant problems with Australia’s customer loyalty schemes, which include frequent flyer, supermarket and credit card operators, in a new report released today. One of the areas the consumer watchdog is probing is the poor disclosure about how consumer data is used and shared, including selling insights from consumer data to other […]