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Oz Casino Boss Predicts Decreased Casino Revenue13 July 2001AUSTRALIA –– As reported by the Australian Broadcasting Company: "The new boss of Queensland casino group, Jupiters, says the company's future growth will be driven by sports, Internet and technology based betting. "…[Rob Hines] says around 80 per cent of Jupiters' earnings are currently generated by its casinos in Brisbane and on the Gold Coast. "But he says the company's casino-generated revenue will fall significantly over the next five to 10 years. "`We're hoping, our plans are to move that closer to 50 per cent without limiting the growth that we may achieve in those land-based casinos, we're going to very aggressively grow the electronic gaming side of our business,' Mr Hines said." |