Updated EGM stats for August confirm the growth slowdown for the Cairns SA4 region.
The annual moving average is a lagging indicator. Volatility earlier in the calendar was heavily influenced by seasonal events such as rain, floods, Chinese new year, and Easter which transferred a comparable non trading day from March to April.
Within that there are completely divergent trends between the Cassowary Coast and Douglas.
I have been too lazy to derive numbers for the Tableland where numbers for both councils fall below the six venue disclosure threshold.
Townsville however continues to power ahead since the flood. Perhaps this is a point to revisit Bastiat’s broken windows?
This is LGA council data as the best comparison between cities. Nominal annual losses for Townsville are still below Cairns while catching up on a growth basis. Perhaps the best way to look at this is the raw monthly data of player losses / metered win.
Quite a seasonal bump.