Frankston FC loses gaming licence.

Submitted by Bearsman on

Received the following email from the club today. This cant be good............
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FFC GAMING ROOM CLOSURE NOTICE

After many lengthy meetings with VCGLR, TGS and other bodies
we unfortunately have to announce that our Gaming Room will
cease trading as of today (18th May, 2016)

The Club wishes to thank and acknowledge all our gaming
patrons for their support & patronage over the years.

Importantly, our Pod Bar, Function Centre &
Football Operations continue to operate as normal.

We continue looking forward to exciting times on and off the field, and working diligently to develop and grow all aspects of our business ensuring we prosper into the future.

Club Board and Management will be in attendance this Friday night from
8.00pm to advise on this decision and discuss the Clubs future movements

All members welcome

Forums
Victorian Football League - General Discussion
MegaA Wed, 18 May 2016 - 18:13

Your right, this is not good. I am a bit surprised as when I was at Frankston it appeared that the pokies were doing well. Hopefully the lost money from the pokies can be retrieved by the function center which by all accounts is a great one.

One wonders why ? Its doubtful that they were losing money on the pokies.

KH Thu, 19 May 2016 - 08:41

Has a reason been given?
Has it got anything to do with presidency debacle from last year that has them on a final warning?

Bearsman Topic starter Thu, 19 May 2016 - 17:33

Cant see the loss of this income stream causing them to go under. They only had about 20 machines. Any loss of income is a worry though and hopefully they can work something out with the VCGLR in the future.

paul Fri, 20 May 2016 - 00:08

As far as I know the club chose to relinquish the machines and focus on other revenue streams. This is something that's supported by the AFL and the local council.

digs Fri, 20 May 2016 - 14:42

MegaA wrote:

Your right, this is not good. I am a bit surprised as when I was at Frankston it appeared that the pokies were doing well. Hopefully the lost money from the pokies can be retrieved by the function center which by all accounts is a great one.

One wonders why ? Its doubtful that they were losing money on the pokies.

Mega,
I can tell you that there is very little money to be made out of running functions. When the extensions at the Roosters a few years back to a 400 seat function the place was booked out day & night but with very little profit.
The club reverted back to a bingo center & has not looked back since.

MegaA Fri, 20 May 2016 - 16:17

That's a surprise!!!! Why not outsource the catering and get a set amount from each patron. At 10 bucks per patron with 200 people using the centre weekly that's 100,000 addition revenue per year. From all accounts you would have had more than that coming through the doors.

MegaA Fri, 20 May 2016 - 16:18

That's a surprise!!!! Why not outsource the catering and get a set amount from each patron. At 10 bucks per patron with 200 people using the centre weekly that's 100,000 addition revenue per year. From all accounts you would have had more than that coming through the doors.