Dear Supporters,

In response to several questions coming through in regards to the price paid for the gaming machine entitlements at the recent State Government Auction, I would like to give a summary of the outcome from a Collingwood perspective.

Firstly, it is important to distinguish that Collingwood is the only club to have hotels which require different entitlements to those purchased by the other AFL clubs for their “club venues.”

While there was limited competition with the club machine entitlements, the hotel machine prices were definately driven up by demand levels and ultimately the average amount paid for hotel entitlements was greater than those paid by the club venues.

The Collingwood Football Club was successful in purchasing all of the gaming machine entitlements for all of the club and hotel venues they wanted which guarantees the success of our gaming portfolio moving forward.

I will continue to keep you updated with our gaming portfolio.

Regards,

Dale Curtis

General Manager Gaming & Legal
Collingwood Football Club