Woolworths supermarket chain holds 12000 gambling machine licenses (Aushap Photo)
According to the Daily Mail, the Woolworths supermarket chain holds 12000 gambling machine licenses, making it Australia's most profitable gambling machine operator.
The Woolworths supermarket chain's annual earnings report does not mention any gambling machine revenues, nor does it distinguish between liquor sales and gambling machine profits. However, according to a recent report from Fafas Media, "New state club industry insights and trends (NSW Clubs Industry Insights and Trends)", the Woolworths supermarket chain has become a leader in Australia's gambling machine industry.
Clubs in the new state earn about A $ one hundred thousand a year per gambling machine, according to the report. Woolworths supermarket chain has 330 licensed premises and is expected to earn about A $1.2 billion a year from gambling machine.
According to the Sydney Morning Herald, Woolworths's supermarket chain expanded its gambling game machine business from competition in the retail industry. In the early 2000s, when the Woolworths and Coles chains fell into an arms race, the two big retailers competed desperately in every area, including street, meat and bread, and, of course, bottled wine.
According to Kunzhou regulations, bottled liquor dealers must own a bar in advance. As soon as permission is obtained, it is automatically granted the right to open three additional stores within a 10-kilometer range, as well as opening a vending hotel at the current site of the property.
The rules have prompted Woolworths and Coles to start buying bars in Kunzhou. Woolworths also has a 75 percent stake in the ALH Group, a joint venture with bar giant (Bruce Mathieson).
Soon after the establishment of the ALH Group, it acquired the Foster Bar Business, bringing in 131 bars, many of which have gambling operations.
Today, the number of gambling machine owned by the Woolworths supermarket chain through the ALH Group even exceeds that of the Starport City (Star City) and Crown casino (Crown Casino), 's 2016 gambling machine business, which is expected to reach A $1.1 billion in 2016.
The gambling machine business does not match the family-oriented public image of the Woolworths supermarket chain. Radical group GetUpup! Woolworths supermarket chains and Coles supermarket chains have been called upon to stop expanding their gambling machine business and limit the amount of a single gambling, which was rejected.
The Woolworths supermarket chain states that the ALH business "offers a variety of hospitality services, including" sports bars, restaurants, cafes, video games, retail drinks, accommodation, nightclubs and gambling.
In 2017, Woolworths generated A $4.25 billion in revenue from these businesses, about 1 / 4 of which came from the "video games" business.