Deutsche Bank track gaming machine expenditure. Here's a snippet of their update for Queesland and Victoria (don't have NSW on hand I'm afraid).
Victoria:
Victorian gaming machine expenditure increased by 3.2% in September, which was in-line with the recent rate and our expectations. YTD expenditure is up 2.6%, which compares to Qld (+6.8% in September and +5.5% YTD) and NSW (+6.7% in August and +8.9% YTD). After a strong year in FY15, domestic gaming machine expenditure remains firm in FY16 with NSW, Queensland and Victoria all showing growth. We view this as positive for the casino operators and the equipment manufacturers.
Queensland:
Queensland gaming machine expenditure increased by 4.7% in October, which was slightly ahead of our expectations, notwithstanding a challenging comp at +8.2%. YTD expenditure is up 5.3%, which compares to Victoria (+3.2% in September and +2.6 YTD) and NSW (+9.3% in September and +8.9% YTD). Of relevance to Echo Entertainment, Brisbane gaming machine expenditure was up 5.2% (+6.6% YTD) and the Gold Coast was up 10.8% (+9.5% YTD). We believe the strength can be attributed to improving economic activity, TITO, and the removal of the restrictions on note acceptors.
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