Via @footyindustryau on X
Keen to know how the club will be reinvesting this commercial success.
Parramatta has declared a comprehensive profit of $26.005m for 2023 on revenue of $98.569m. This does not including non NRL grant revenue of 17m
Pokie Revenues account for half of the revenue at 49m.
NRL Distro 19.138m
Sponsorship & Hospitality 10.683m
Gate and membership 7.813m
parraleagues.com.au/annual-report/
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Actually Poker machine revenues went down YOY by $4.2m; from 55% to 50% as a percentage of revenue.
I wonder whether people have less money to spend due to economic hardship or better educated about the detrimental effects of gambling.
yep that's a good sign, the less reliant we are on them is a positive.
Since they're mostly used for drug dealers to clean their money I'd say that governent security has sent the dealers towards various other methods. There a few safe e commerce and crypto for them to utilise now that are untraceable .
Why are the Leagues Club & Football Club on the same P&L sheet ?