Gaming machine operating authorities (hotels)

If you are a commercial hotel licensee that has been granted a gaming machine licence, or approved to increase the number of gaming machines on your premises, you must obtain an 'operating authority' for each gaming machine you are approved to operate.

Because the number of gaming machines in Queensland is capped, operating authorities may only be obtained by participating in an authorised sale conducted by the Public Trustee of Queensland. Sales are conducted by competitive tender in each of the 3 authority regions (South East, Coastal and Western) and authorities are only able to be sold in the region from which they originated.

Sales (tenders) of gaming machine operating authorities

The sale of gaming machine operating authorities is essentially a tender auction, with bids made through the lodgement of a tender bid form provided to eligible purchasers at the commencement of the sale.

How to know when the tender is called

Tender 36 opens 21/6/17 and closes 12/7/2017. The Office of Liquor and Gaming Regulation (OLGR) will provide all eligible buyers with a tender bid form by registered mail once the tender has been advertised. Sellers will also receive forms by registered mail.

The Public Trustee will place an advertisement in The Courier Mail announcing the commencement of a tender.

The advertisement will state the number of operating authorities available for sale in each region, the closing date and lodgement details.

The tender process

Only 1 tender bid form per eligible premises will be accepted, and you may not bid more than 1 amount per operating authority. If you are licensed to operate gaming machines at more than 1 premises, a separate tender bid form for each eligible premises will be required.

Tender documents must be lodged in the tender box at the office of the Public Trustee of Queensland. Note: OLGR cannot accept any tender documents.

Documents lodged without the lodgement fee (currently $55) or received after the closing time will be declared invalid. If you are lodging bids for more than 1 premises, a lodgement fee will be required for each.

Once the tender has closed, the Public Trustee will allocate each operating authority against valid tenders in order of highest to lowest bid. The Public Trustee will notify successful bidders of their allocation and require payment within 5 working days. Payment for each operating authority will be the amount bid on your tender form, an administration fee of $440 per operating authority, and stamp duty.

For more information about the sale of hotel operating authorities, read the Gaming guideline G06: Authorised sale of operating authorities (hotel).

How much to bid for an operating authority

How much you should bid for an operating authority is a matter for you and/or your accountant to determine.

The Public Trustee will set a minimum acceptable price for each region and any bids below the amount set will not be successful. The minimum acceptable price will not be disclosed.

Staff at OLGR and the Public Trustee's office are unable to assist you with how much to bid. However, details of the average price paid in previous tenders are available in the table below.

Operating authority tender results

The following table has information about recent sales, including average price, of gaming machine operating authorities.

SOUTH EAST

COASTAL

WESTERN

Tender

Closing date of sale

Ind

Gov

Sold

Avg. price

Ind

Gov

Sold

Avg. price

Ind

Gov

Sold

Avg. price

Contribution to CF

Tender 35

22/03/2017

28

0

28

$162,499

53

0

53

$65,675

3

0

3

65,510

$2,468,176

Tender 34

23/11/2016

37

0

37

$150,054

9

0

9

$72,510

0

0

0

-

$1,861,377

Tender 33

27/07/2016

20

0

20

$133,884

9

0

7

$69,457

1

0

1

$55,202

$965,726

Tender 32

09/03/2016

5

0

5

$120,746

24

0

24

$65,742

10

0

10

$52,553

$812,116

Tender 31

11/11/2015

0

0

0

-

54

0

54

$72,678

0

0

0

-

$1,177,380

Tender 30

05/08/2015

12

0

12

$87,058

12

0

12

$101,834

0

0

0

-

$680,013

Tender 29

08/04/2015

40

0

40

$122,475

20

0

20

$101,444

0

0

0

-

$2,078,367

Tender 28

19/11/2014

45

0

45

$131,341

32

0

32

$66,004

0

0

0

-

$2,406,733

Tender 27

09/07/2014

45

0

45

$112,492

9

0

9

$62,000

0

0

0

-

$1,686,048

Tender 26

12/03/2014

11

0

11

$107,283

25

0

25

$66,900

2

0

2

$35,000

$876,785

Tender 25

13/11/2013

63

0

63

$91,160

28

0

28

$59,051

13

0

13

$45,481

$2,396,320

Tender 24

10/07/2013

43

0

43

$77,398

3

65

68

$51,838

9

0

9

$44,722

$4,229,011

Tender 23

13/03/2013

36

77

113

$78,468

24

7

31

$52,694

9

0

9

$31,092

$7,138,907

Tender 22

14/11/2012

204

30

234

$67,152

58

0

58

$56,548

5

8

13

$34,412

$7,226,928

Tender 21

06/06/2012

47

0

47

$86,767

26

2

28

$64,465

0

11

11

$33,700

$2,180,443

Tender 20

14/03/2012

0

0

0

-

53

0

53

$65,600

0

4

4

$25,000

$1,133,951

Tender 19

09/11/2011

0

31

31

$99,432

40

0

40

$64,780

10

14

24

$18,184

$3,865,524

Tender 18

13/07/2011

28

89

117

$91,378

3

0

3

$75,100

5

0

5

$19,000

$8,256,956

Tender 17

16/02/2011

5

0

5

$80,000

8

0

8

$72,500

27

0

27

$18,704

$445,500

Tender 16

14/07/2010

7

0

7

$90,714

12

0

12

$74,275

0

0

0

-

$457,890

Tender 15

10/03/2010

57

0

57

$112,491

9

1

10

$72,800

0

0

0

-

$2,186,330

Tender 14

18/11/2009

48

0

48

$112,708

15

0

15

$97,130

3

0

3

$22,000

$2,079,885

Tender 13

15/07/2009

23

0

23

$123,487

16

0

16

$111,650

0

0

0

-

$1,387,983

Tender 12

18/03/2009

12

3

15

$124,667

7

0

7

$90,214

0

0

0

-

$978,250

Tender 11

3/12/2008

78

18

96

$138,781

30

37

67

$90,457

0

0

0

-

$9,375,193

Tender 10

16/07/2008

34

1

35

$149,802

28

15

43

$83,375

3

0

3

$52,076

$3,548,319

Tender 9

12/03/2008

15

60

75

$142,985

16

8

24

$87,733

7

0

7

$50,139

$9,607,105

Tender 8

14/11/2007

84

20

104

$169,221

73

28

101

$92,971

4

0

4

$65,499

$11,822,307

Tender 7

2/05/2007

74

82

156

$216,948

29

21

50

$113,122

15

7

22

$72,909

$24,924,586

Tender 6

22/11/2006

32

88

120

$283,293

29

24

53

$164,929

6

7

13

$74,966

$31,812,129

Tender 5

10/05/2006

24

0

24

$226,783

34

0

34

$120,382

8

0

8

$68,500

$3,530,940

Tender 4

26/10/2005

70

22

92

$146,800

28

0

28

$88,543

3

0

3

$48,355

$11,362,295

Tender 3

18/05/2005

39

75

114

$123,955

48

0

48

$77,659

4

0

4

$30,002

$11,830,144

Tender 2

1/11/2004

26

57

83

$116,238

16

54

70

$71,900

2

13

15

$13,054

$11,449,210

Tender 1

12/07/2004

120

57

177

$99,453

22

54

76

$70,755

32

4

36

$15,260

$14,368,662

Totals

Region totals

1,412

710

2,122

 

902

316

1,216

 

181

68

249

  

State total

3,587

   

Total tenders

35