Picture brighter for slots in Australia

Operators of Australia’s slot parlours are more optimistic about recovery now than in July as revenues have improved, according to JP Morgan’s 11th annual slot survey.

The firm polled operators in July and again in October. In July they were generating 48 per cent of 2019 revenue, while that increased to 72 per cent in October.

In July, 48 per cent of operators expected revenues to take 12 to 24 months to recover, while now only 21 per cent believe it will take that long. Forty two per cent expect normal revenues in less than six months.

Source: Asia Gaming Brief