COVID-19 Puts Financial Strain on Australian Casino Industry

When COVID-19 became a global issue back in March, the entire world was affected. Businesses shut down and people stayed home in order to avoid becoming infected with the deadly disease. While essential businesses like grocery stores remained open, those considered non-essential, did not. Casinos fall into the non-essential category and in countries like Australia, the closure of gaming facilities had a huge effect on the economy. According to the results of recent data, Australia lost over AU$14 million a day when the casinos were not in operation.

Hard Hit Casino Sector

When compared to the world’s gambling sectors, Australia was the 5th worst when it comes to the effects of the coronavirus. Casinos in the country contribute millions to the economy and it was found that a total of $14.2 million was lost per day during the closure. This is equal to $10.5 million in USD. The number one spot went to Nevada, who generated over $33 million in losses daily.

A study conducted on the gambling industry figured that on average, the 20 casinos in Australia usually bring in $7152 every minute. This is a staggering amount of money and shows just how much the casino industry can generate on a regular basis.

Casinos in the country are still trying to cope with the impact of the virus. Revenues are not coming in like they normally would be due to lower operating capacity and a decreased number of visitors.

While retail outlets were closed, online gambling was picking up the slack. Players were logging on in record numbers due to having nowhere to go safely outside the home. The National Australia Bank showed transaction data in June that indicated players in Australia spend just over 62% more on online gambling than they did within the same period last year.

Affected Operators

One Australian operator that was majorly affected by the COVID-19 closures was the Star Entertainment Group. In recent revenue reports, Star showed a loss of AU$95 million ($67.9mUS) within the 12 months ending on June 30.

Revenues were down 31% when compared to year over year. The operator’s Sydney and Queensland casinos were shut down during the pandemic and led to the large drop in revenues. Revenue was still down before the pandemic, but the company was generating a profit.

Crown Resorts also saw a profit drop due to the pandemic. The company’s net profit fell 80% during the same period down to AU$79.5 million ($56.8 million USD) from AU$401.8 million ($287.3 million USD). The company relies heavily on international travelers and travel restrictions due to COVID-19 have led to a large decrease in patrons.

Related Post

Riding the Storm of Covid-19 in the Gambling Industry

August 31, 2020

2020 Run To The Rose Day Best Bets

September 11, 2020

AUSTRAC To Investigate Crown Casino Over Possible Money Laundering Breaches

October 23, 2020

9,676 Replies to “COVID-19 Puts Financial Strain on Australian Casino Industry”

  288. Pingback: cialis professional samples
  294. Pingback: spedra versus viagra

  296. I have been browsing on-line greater than three hours lately, but I never found any attention-grabbing article like yours.
    It is beautiful value enough for me. Personally, if all site owners and bloggers
    made good content as you probably did, the internet will be a lot more helpful than ever before.

  298. I really love your website.. Pleasant colors & theme. Did you create
    this site yourself? Please reply back as I’m hoping to create my very own blog and would like to know where you got this from or exactly what the theme is named.
    Many thanks!

  303. Hi there to every body, it’s my first go to see of this blog; this webpage
    contains remarkable and in fact good information in favor of visitors.

  307. Hello would you mind sharing which blog platform you’re working with?

    I’m going to start my own blog in the near future but I’m having a difficult time selecting
    between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your design and style seems different
    then most blogs and I’m looking for something unique.
    P.S Apologies for getting off-topic but I had to ask!

  322. Hi would you mind letting me know which web host you’re using?
    I’ve loaded your blog in 3 completely different internet browsers and I must say this blog loads a lot faster then most.
    Can you suggest a good hosting provider at a fair price?
    Cheers, I appreciate it!

  324. I’ve been browsing online more than 2 hours today, yet I never found any interesting article like yours.
    It’s pretty worth enough for me. Personally, if all site owners and
    bloggers made good content as you did, the net will be a lot more
    useful than ever before.

  329. I have been surfing online more than 3 hours
    today, yet I never found any interesting article like yours.
    It is pretty worth enough for me. In my opinion, if all website owners and bloggers made good content as you did, the internet will be much more useful than ever before.

  334. Ahaa, its fastidious conversation concerning this post here at this website, I have read all that, so at this time me also commenting at this place.

  337. I’ve been surfing online more than 3 hours today, but I
    by no means found any attention-grabbing article like yours.
    It is pretty price enough for me. In my opinion, if all web owners and bloggers
    made good content as you did, the web will be a lot more useful than ever before.

  340. I have been surfing online more than 2 hours today, yet I never found any interesting
    article like yours. It is pretty worth enough for me. In my view, if all web owners and bloggers made
    good content as you did, the net will be a lot more useful than ever before.

  341. I love ԝhat you guys are usualⅼy up too.
    This type ⲟf clever worҝ ɑnd reporting!
    Keep up the awesome works guys I’ve іncluded you gսys to mү blogroll.

  357. I have been surfing on-line more than 3 hours nowadays, yet I never
    discovered any attention-grabbing article like yours. It is beautiful
    value enough for me. Personally, if all webmasters and bloggers made just
    right content material as you probably did, the web can be a lot
    more useful than ever before.

  358. This is really fascinating, You are a very professional blogger. I’ve joined your feed and stay up for looking for extra of your fantastic post. Additionally, I have shared your website in my social networks!

  378. Hi, i read your blog from time to time and i own a similar one and i was just curious if
    you get a lot of spam responses? If so how do you prevent it,
    any plugin or anything you can recommend? I get so much lately it’s driving me mad so any help is very much appreciated.

  382. I’ve been browsing online more than 4 hours today, yet I
    never found any interesting article like yours. It is pretty worth enough for me.
    Personally, if all website owners and bloggers made good content as you did, the net will
    be much more useful than ever before.

  383. I’ll immediately grasp your rss as I can’t to find
    your email subscription hyperlink or newsletter service.
    Do you’ve any? Please let me understand in order that I may just subscribe.
    Thanks.

  386. I really love your blog.. Pleasant colors & theme.
    Did you build this web site yourself? Please reply back as I’m attempting
    to create my own personal website and would love to learn where you got this from or
    just what the theme is named. Appreciate it!

  391. Fantastic beat ! I wish to apprentice while you amend your web site,
    how could i subscribe for a blog site? The account aided me a acceptable
    deal. I had been a little bit acquainted of this your
    broadcast offered bright clear idea

  393. It is appropriate time to make a few plans for the long run and it is time to be
    happy. I have read this put up and if I may I wish to counsel you some fascinating issues or suggestions.
    Perhaps you can write subsequent articles regarding this article.
    I wish to read even more issues about it!

  403. Because its beginning, his company has grown to end
    up being a Multi-Million Dollar Web Advertising and Media Company that specializes in SEO (seo ).
    Kotton Grammer is likewise an active partner of another business that goes by the name where he has trained over 10,000 individuals in Web marketing considering that
    2014 Including myself Kotton has also sold over 25 million dollars
    of digital products through webinars because 2014.

  406. It’s perfect time to make a few plans for the future and it’s time to be happy.

    I’ve read this put up and if I may just I want to suggest you some interesting things or suggestions.

    Perhaps you can write next articles regarding this article.
    I desire to read even more things about it!

  414. I’ve been surfing online more than three hours today, yet I never found any interesting article like yours.
    It is pretty worth enough for me. In my opinion, if all site owners and bloggers made
    good content as you did, the internet will be a lot more useful than ever before.

  416. I would even pay one other dollar. I’m getting a little bitirritated and tired of having to ask for my oldtelephone which I gave to my mom simply to play this recreation. Help me out right here, and make my life simpler.

  418. Pingback: diclofenac pill

  429. It’s perfect time to make some plans for the future and
    it is time to be happy. I have read this post
    and if I could I wish to suggest you few interesting things or tips.
    Perhaps you could write next articles referring to this article.
    I desire to read even more things about it!

  434. Everyone loves what you guys are usually up too. This type of clever work and coverage!
    Keep up the amazing works guys I’ve included
    you guys to my personal blogroll.

  437. It’s the best time to make some plans for the longer term
    and it is time to be happy. I have learn this submit and
    if I may just I want to counsel you few attention-grabbing issues or
    suggestions. Perhaps you can write next articles regarding this article.
    I wish to read more issues approximately it!

  439. I will immediately snatch your rss as I can not in finding your e-mail subscription hyperlink or e-newsletter service.

    Do you’ve any? Please allow me understand so that I may subscribe.
    Thanks.

  464. Greetings from Idaho! I’m bored to tears at work so I decided to check out
    your website on my iphone during lunch break.
    I enjoy the knowledge you present here and can’t wait to take a look when I get home.

    I’m surprised at how fast your blog loaded on my cell
    phone .. I’m not even using WIFI, just 3G .. Anyhow, excellent site!

  465. I like what you guys tend to be up too. This kind of clever work and coverage!
    Keep up the terrific works guys I’ve incorporated you guys to our blogroll.

  468. Everyone loves what you guys are usually up too. Such clever work
    and exposure! Keep up the excellent works guys I’ve incorporated you
    guys to my own blogroll.

  470. Ahaa, its nice discussion on the topic of this paragraph at this place at
    this weblog, I have read all that, so at this time me
    also commenting at this place.

  473. I have been surfing online more than 4 hours today, yet I never found any interesting article like yours.
    It’s pretty worth enough for me. In my view, if all site owners and bloggers made good
    content as you did, the internet will be a lot more useful than ever before.

  475. Thank you for every other informative website. Where else could I get that kind of info written in such an ideal means?
    I have a mission that I am just now working on, and I have been at the glance out
    for such info.

  480. I have been surfing online more than 4 hours today, yet I
    never found any interesting article like yours. It is pretty
    worth enough for me. In my view, if all web owners and bloggers made good content as you did, the internet
    will be a lot more useful than ever before.

  486. Hi would you mind sharing which blog platform you’re using?
    I’m looking to start my own blog soon but I’m having a difficult time
    making a decision between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your layout seems different then most blogs and I’m looking for something unique.
    P.S My apologies for getting off-topic but I had to ask!

  493. Pingback: priligy prescription usa

  504. It’s the best time to make some plans for the longer term and it
    is time to be happy. I have learn this submit and if I may I wish to counsel you few interesting issues or tips.
    Perhaps you can write next articles regarding this article.
    I wish to read more things about it!

  511. Hmm it looks like your website ate my first comment (it was super long) so I guess I’ll just sum
    it up what I wrote and say, I’m thoroughly enjoying your blog.
    I too am an aspiring blog blogger but I’m still new to the whole thing.
    Do you have any recommendations for newbie blog writers? I’d genuinely appreciate it.

  514. I have been browsing online more than three hours today,
    yet I never found any interesting article like yours. It is pretty worth enough for me.
    In my opinion, if all webmasters and bloggers made good content as you did, the
    internet will be much more useful than ever before.

  516. Hello! I’ve been reading your website for a while now and finally got the bravery to
    go ahead and give you a shout out from Humble Texas! Just
    wanted to say keep up the great job!

  527. I’m not that much of a internet reader to be honest but your sites really nice,
    keep it up! I’ll go ahead and bookmark your website to come back
    later on. Cheers

  528. Have you ever thought about including a little bit more than just your articles?
    I mean, what you say is valuable and all. But think of if you added some great photos or video clips to give
    your posts more, “pop”! Your content is excellent but
    with images and video clips, this website could certainly be one of the best in its niche.
    Awesome blog!

  529. Greetings from Carolina! I’m bored at work so I decided to browse your blog on my iphone during lunch break.
    I enjoy the information you provide here and can’t wait to
    take a look when I get home. I’m shocked at
    how fast your blog loaded on my mobile .. I’m not even using WIFI, just 3G ..
    Anyhow, good blog!

  554. Great beat ! I wish to apprentice even as you amend your site,
    how can i subscribe for a blog site? The account
    helped me a applicable deal. I were tiny bit familiar of this your broadcast provided vibrant clear
    idea

  555. Thanks a ton for being my instructor on this issue. My partner and i enjoyed your current article quite definitely and most of all appreciated the way you handled the areas I considered to be controversial. You are always rather kind towards readers much like me and assist me in my living. Thank you.

  559. You’re so interesting! I don’t suppose I have read anything like this before.
    So wonderful to discover someone with some unique thoughts
    on this topic. Seriously.. thanks for starting this up.
    This website is something that’s needed on the internet,
    someone with a little originality!

  561. Admiring the persistence you put into your site and detailed information you provide.
    It’s nice to come across a blog every once in a while that isn’t the
    same old rehashed material. Wonderful read! I’ve bookmarked your site and I’m including your RSS feeds to my Google
    account.

  562. Woah! I’m really loving the template/theme of this website.
    It’s simple, yet effective. A lot of times it’s difficult to get that “perfect balance” between usability and appearance.
    I must say that you’ve done a amazing job with this.
    Additionally, the blog loads very quick for me on Chrome.

    Exceptional Blog!

  564. Excellent post. I was checking constantly this blog and I
    am impressed! Very useful info specially the last part 🙂 I care for such info a lot.
    I was looking for this particular information for a very
    long time. Thank you and good luck.

  565. Pretty section of content. I just stumbled upon your web site and in accession capital to
    assert that I get in fact enjoyed account your blog posts.
    Anyway I will be subscribing to your feeds and even I achievement you access consistently rapidly.

  567. Etkileşimi Arttırmak İçin Takipçi ve Beğeni Satın Almalısınız

    Özellikle yeni açılan sosyal medya hesaplarının en büyük sorunları arasında takipçi sayısının düşüklüğü ve paylaşımlarda etkileşim
    olmamasıdır. Beğeni ve yorumların gelmesi sosyal medya hesaplarının gelişimine katkı sağlamaktadır.

    Özellikle çok takipçisi bulunan ve paylaşımları beğenilerek yorum yapılan hesaplar ilgi çekmektedir.

    Takipçi Satın Al işlemleri sayesinde hızlı bir etkileşim sağlanabilmektedir.
    Ancak tüm hizmetlerde olduğu gibi bu hizmetlerinde farklı seçenekleri bulunmaktadır.

    https://rebrand.ly/takipci-satin-al

  575. Pingback: hydroxychloroquine news update

  583. I’ve been browsing online more than 2 hours today,
    yet I never found any interesting article
    like yours. It’s pretty worth enough for me.
    Personally, if all site owners and bloggers made good content as you did, the net will be much more useful than ever before.

  585. You are so awesome! I don’t believe I’ve read through
    something like that before. So nice to discover someone with
    some genuine thoughts on this subject. Really..
    thank you for starting this up. This site is one thing that’s needed on the internet, someone with a bit of originality!

  591. Thor had a line where Selvig stated he had a friend named
    Hank Pym who’d a run-in with S.H.I.E.L.D. Years earlier it was
    cut from the ultimate release.

  599. I’ve been browsing online greater than 3 hours today, but
    I by no means found any fascinating article like yours.

    It’s beautiful worth sufficient for me.
    In my opinion, if all site owners and bloggers made good content
    material as you did, the internet shall be much more useful than ever
    before.

  601. I’ll right away grab your rss as I can not in finding your e-mail subscription hyperlink or e-newsletter service.
    Do you have any? Kindly let me realize so that I may subscribe.

    Thanks.

  607. It’s perfect time to make some plans for the long run and it is time to be happy.

    I’ve learn this post and if I may I wish to counsel you few fascinating things or tips.
    Maybe you could write next articles regarding this article.

    I wish to read even more things approximately it!

  609. Its like you learn my mind! You appear to understand so much approximately this, such as you wrote the book in it or something.
    I believe that you just could do with a few % to power the
    message house a bit, but other than that, that is fantastic blog.
    A fantastic read. I will definitely be back.

  617. Write more, thats all I have to say. Literally, it seems as
    though you relied on the video to make your point. You
    definitely know what youre talking about, why throw away your intelligence on just posting
    videos to your weblog when you could be giving us something informative to read?

  620. I truly love your site.. Pleasant colors & theme. Did you make this amazing site yourself?
    Please reply back as I’m hoping to create my own personal blog
    and want to know where you got this from or just
    what the theme is called. Many thanks!

  622. Its such as you read my thoughts! You appear to grasp a lot about
    this, such as you wrote the book in it or something.

    I think that you could do with a few % to pressure
    the message home a bit, but other than that, that is magnificent
    blog. An excellent read. I’ll certainly be back.

  625. I’ve been surfing online more than three hours nowadays,
    but I never found any interesting article like yours. It’s lovely value enough for
    me. In my view, if all webmasters and bloggers made excellent content as you did, the net can be a lot more helpful than ever
    before.

  628. I’ve been surfing online more than 2 hours today, yet I never found any interesting article
    like yours. It is pretty worth enough for me. Personally, if all webmasters
    and bloggers made good content as you did, the internet will be a lot more useful
    than ever before.

  630. I’ve been surfing online more than 4 hours today, yet I never found any interesting article
    like yours. It’s pretty worth enough for me. In my view, if all webmasters and bloggers made
    good content as you did, the web will be much more useful
    than ever before.

  631. Ahaa, its good conversation on the topic of this post at this place
    at this webpage, I have read all that, so at this time me also commenting at this place.

  637. With this new model of Roblox Cheats the game might be much more attention-grabbing and you will uncover quite a lot of new
    issues.

  643. Howdy! Someone in my Myspace group shared this website with us so I came to take a look.
    I’m definitely loving the information. I’m book-marking and will
    be tweeting this to my followers! Great blog and wonderful style
    and design.

  646. Greetings! Very useful advice in this particular article!
    It’s the little changes which will make the most important changes.
    Many thanks for sharing!

  649. My spouse and I stumbled over here from a different page and thought I should check things out.
    I like what I see so i am just following you. Look
    forward to exploring your web page again.

  651. Hi there would you mind sharing which blog platform you’re working with?
    I’m looking to start my own blog in the near future but I’m having a
    difficult time deciding between BlogEngine/Wordpress/B2evolution and
    Drupal. The reason I ask is because your design and style seems different then most
    blogs and I’m looking for something completely unique.

    P.S My apologies for being off-topic but I had to ask!

    Also visit my blog post … stardawg cbd vape juice

  655. excellent issues altogether, you simply won a emblem
    new reader. What may you recommend about your publish that
    you simply made some days ago? Any positive?

  657. Please let me know if you’re looking for a writer for your blog.

    You have some really great articles and I believe I would be a
    good asset. If you ever want to take some of the load off, I’d love to write some
    content for your blog in exchange for a link back to mine.
    Please blast me an e-mail if interested. Cheers!

  661. Hi there would you mind stating which blog platform
    you’re using? I’m looking to start my own blog
    soon but I’m having a hard time making a decision between BlogEngine/Wordpress/B2evolution and
    Drupal. The reason I ask is because your layout seems different then most blogs and I’m looking
    for something unique. P.S Sorry for getting off-topic but I
    had to ask!

  665. Another a part of the overall Pokemon Duel landscape that is
    not immediately clear is that there are special objects called Ingots which you could promote for cash instead of using as fodder
    to stage up your Pokemon by means of Fusion.

  667. Wow that was strange. I just wrote an incredibly long comment but after I clicked submit my comment didn’t appear.
    Grrrr… well I’m not writing all that over again. Anyhow, just wanted to say wonderful blog!

  668. Hello would you mind letting me know which webhost you’re using?
    I’ve loaded your blog in 3 different internet browsers and I must say
    this blog loads a lot quicker then most. Can you recommend a good
    web hosting provider at a fair price? Kudos, I
    appreciate it!

  672. It’s perfect time to make some plans for the future and it’s time
    to be happy. I’ve read this post and if I could I desire to suggest you some
    interesting things or tips. Maybe you could write next articles referring to this article.
    I desire to read more things about it!

  685. It is the best time to make a few plans for the long run and it’s time to be happy.

    I have learn this put up and if I may I want to suggest you few attention-grabbing
    things or tips. Maybe you could write next articles referring to this article.
    I want to read even more things approximately it!

  689. It’s perfect time to make a few plans for the long run and
    it is time to be happy. I have learn this publish and if I could I
    desire to counsel you few interesting things or advice.
    Perhaps you can write next articles referring to this article.
    I wish to read even more things approximately it!

  691. Nice post. I was checking continuously this blog and I’m impressed!
    Extremely useful information specially the final phase :
    ) I care for such information a lot. I was looking for this certain info for a long
    time. Thanks and best of luck.

  695. Hi would you mind stating which blog platform you’re using?
    I’m planning to start my own blog in the near future but I’m having a tough time making a decision between BlogEngine/Wordpress/B2evolution and Drupal.
    The reason I ask is because your design seems different then most blogs and I’m looking for something completely unique.
    P.S Apologies for getting off-topic but I had to ask!

  696. I’ve been surfing online more than 3 hours today, yet
    I never found any interesting article like yours.
    It is pretty worth enough for me. In my view, if all site owners and bloggers made good content as you did, the internet will be a lot more useful than ever before.

  710. Pingback: hydroxychloroquine and covid

  718. Hello, Neat post. There is a problem together with your web
    site in web explorer, may test this? IE still is the marketplace leader and a
    large component of people will leave out your magnificent writing due to this problem.

  720. Pingback: canine hydroxychloroquine toxicity

  733. I will immediately take hold of your rss as I can’t find your email
    subscription link or newsletter service. Do you’ve any?
    Kindly permit me recognise so that I may just subscribe.

    Thanks.

  736. Thank you, I’ve recently been looking for info about this subject for a long time and yours is the best I’ve came upon so far.
    However, what about the bottom line? Are you sure in regards to the source?

  738. Greetings from Colorado! I’m bored at work so I
    decided to check out your website on my iphone during lunch break.
    I really like the knowledge you present here and can’t
    wait to take a look when I get home. I’m amazed at how quick your blog loaded on my mobile ..
    I’m not even using WIFI, just 3G .. Anyhow, great blog!

  743. I’m amazed, I must say. Seldom do I encounter a blog that’s
    both equally educative and amusing, and without a doubt, you’ve hit
    the nail on the head. The issue is something that too few people are
    speaking intelligently about. Now i’m very happy I came across this during my
    hunt for something concerning this.

  744. My partner and I absolutely love your blog and find nearly all of your post’s to be just what I’m looking for.
    Would you offer guest writers to write content to suit your needs?
    I wouldn’t mind producing a post or elaborating on a lot of the subjects you write with regards to here.
    Again, awesome site!

  759. It’s perfect time to make a few plans for the longer
    term and it is time to be happy. I’ve read this publish and if I could I desire to suggest you few attention-grabbing issues or advice.
    Maybe you can write next articles referring to this article.
    I wish to learn even more things approximately it!

  760. Howdy! This is kind of ooff topic but I need somke help ftom an established
    blog. Is it hard to set up your own blog? I’m not verey techincal but
    I can figure things out pretty quick. I’m thinking abouut making my own but I’m not sue where to start.

    Do you have any tips or suggestions? Appreciate it

    Also visit my site … thongtincongnghe

  765. I really like what you guys are usually up too. Such clever work and exposure!
    Keep up the fantastic works guys I’ve added you guys to our blogroll.

  767. I’ve been browsing online more than 2
    hours today, yet I never found any interesting article
    like yours. It’s pretty worth enough for me. In my view,
    if all site owners and bloggers made good content as you did, the web will be much
    more useful than ever before.

  793. I’ve been surfing online more than three hours today,
    yet I never found any interesting article like yours.
    It is pretty worth enough for me. In my view, if all web owners and bloggers made good content as you did,
    the web will be much more useful than ever before.