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.
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 ?