Australasian Leisure Management

News: Finance

$55 million repair plan recommended for Taranaki's Yarrow Stadium
A $55 million repair plan has been recommended for New Plymouth's Yarrow Stadium as a result of structural instability identified following an earthquake in November 2016. The...
Feb 25, 2019
Sport /
Safety /
Finance /
Venues
South East Queensland Mayors reveal details of 2032 Olympic Games vision
The Council of Mayors for South East Queensland (SEQ) has unveiled a feasibility study into a potential bid to host the 2032 summer Olympic Games, including the prospect of new...
Feb 25, 2019
Events /
Sport /
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Venues
Ticketmaster acquires Moshtix to expand general admission offering in Australia and New Zealand
Ticketmaster has today announced the acquisition of Moshtix to service the growing general admission event markets in Australia and New Zealand. Formed in 2003, Moshtix has been...
Feb 25, 2019
Finance /
Venues /
Technology /
Entertainment /
Ticketing
Village Roadshow report rising earnings and record-breaking January period for theme parks while writing off Dreamworld as competition
Village Roadshow has reported earnings of nearly $40 million for the half year for its theme parks - Warner Bros. Movie World, Sea World and Wet'n'Wild theme parks - and a...
Feb 21, 2019
Tourism /
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Attractions /
Entertainment
Equipment owners struggle to secure parts for Avanti products
PLEASE NOTE THAT AUSTRALASIAN LEISURE MANAGEMENT DOES NOT AND HAS NEVER SUPPLIED AVANTI FITNESS PRODUCTS AND CANNOT HELP WITH AVANTI FITNESS PRODUCTS' SPARE PARTS, MANUALS,...
Feb 21, 2019
Legal /
Finance /
Retail /
Fitness
Football participation reaches record levels
Football Federation Australia has advised that its annual football census shows more than 1.8 million Australians participating in football, an increase of 13% on the previous...
Feb 21, 2019
Sport /
Finance /
Recreation /
Surfaces
Ardent Leisure losses rise as guests fail to return to Dreamworld
Ardent Leisure's has announced that its losses for the first-half of the financial year rose to $21.8 million as guest numbers remain stagnant at its flagship Dreamworld...
Feb 21, 2019
Tourism /
Safety /
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Finance /
Attractions
Adelaide Oval considers expanding roof attraction with zip line
The Adelaide Oval Stadium Management Authority (AOSMA) has been considering adding a zip line that would run from its roof and across the city's River Torrens. The plan was...
Feb 21, 2019
Sport /
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Attractions /
Government /
Venues
Disaster funding available for North Queensland Sporting Clubs
Sporting clubs impacted by the historic recent flooding can now apply for an additional $20,000 funding to assist with repairs and rebuilding. Minister for Sport Mick de Brenni...
Feb 20, 2019
Sport /
Finance /
Government /
Venues
Hong Kong Disneyland Resort reports best ever results
Amid its ambitious expansion plans, Hong Kong Disneyland Resort has reported its highest attendance, revenue and EBITDA for fiscal year 2018. Annual attendance at the Hong Kong...
Feb 20, 2019
Tourism /
Finance /
Attractions
Lack of sporting fields sees young footballers turned away from junior clubs
The critical shortage of playing fields across NSW has become so desparate that some football clubs have been forced to turn away many budding young footballers. Football NSW...
Feb 18, 2019
Sport /
Finance /
Government /
Surfaces
Federal Opposition leader pledges $46 million for national schoolchildren's swimming lessons program
In response to Australia’s summer drowning toll, Federal opposition leader Bill Shorten has announced that all primary school children would have access to swimming lessons...
Feb 17, 2019
Safety /
Education /
Finance /
Government /
Aquatics
Sport leaders unite to advance pay equality for elite women athletes
Chief Executives of Australia’s leading sports organisations have united to advance equal pay for elite women athletes with the Male Champions of Change (MCC) Sport group today...
Feb 17, 2019
Sport /
Finance
Revenue rises but deficit remains at Ocean Park Hong Kong
Hong Kong theme park Ocean Park has reported an increase in revenue in the financial year 2017/18 but is still operating with a deficit. The popular theme park reported revenue...
Feb 17, 2019
Tourism /
Finance /
Attractions
The Australian Marine Conservation Society calls for reallocation of $443 million funding
The Australian Marine Conservation Society (AMCS) has welcomed the Senate Environment Committee’s report into the Great Barrier Reef 2050 Partnership and called for the funding...
Feb 16, 2019
Tourism /
Finance /
Government /
Environment
Rugby Australia uses charitable foundation to pay elite player salaries
Rugby Australia has defended its use of funds from its national fundraising body, the Australian Rugby Foundation (ARF), to contribute to the salary packages of elite players....
Feb 15, 2019
Sport /
Finance
Western Australian Government refuses Games financial contribution to Australian Olympic Committee
The Western Australian Government has refused to contribute to an Australian Olympic Committee funding campaign because it does not trust eastern states-based administrators to...
Feb 15, 2019
Events /
Sport /
Finance /
Aquatics
Art Stage Singapore placed under provisional liquidation
Art Stage Singapore, the company behind what was once Singapore's main visual arts fair, was placed under provisional liquidation on 31st January. Considered the country's most...
Feb 14, 2019
Culture /
Finance /
Arts
National sports raffle to aid fundraising for grassroots sports and charities
Not-for-profit raffle Play For Purpose has launched across Australia, already fundraising for more than 150 grassroots sports clubs and charities. Play For Purpose is an online...
Feb 14, 2019
Sport /
Finance /
Recreation /
Venues
News report suggests few Chinese sports venues are profitable
A news report by China’s official Xinhua news agency has suggested that very few sports venues in the country are currently profitable. With Xinhua seldom being critical of...
Feb 14, 2019
Sport /
Finance /
Venues /
Entertainment
Report suggest Funlab owner looking at exit options
Private equity firm Next Capital is reportedly looking at exit options for its entertainment group Funlab, which includes the popular Strike Bowling, Holey Moley and Sky Zone...
Feb 13, 2019
Finance /
Recreation /
Attractions /
Entertainment
Zoos SA look to keep giant pandas in Adelaide
With its 10-year set to expire in November, Adelaide Zoo is seeking to keep the only giant pandas in the southern hemisphere into the future. While giant pandas, Wang Wang and...
Feb 13, 2019
Tourism /
Finance /
Attractions /
Government /
Environment
Sport Australia welcomes creation of new integrity agency
Sport Australia has welcomed the announcement by the Federal Minister for Sport, Bridget McKenzie of the establishment of the new national sports integrity agency, Sport...
Feb 12, 2019
Sport /
Legal /
Finance /
Government
Federal Government announces new body to safeguard the integrity of Australian sport
The Federal Government has established a national agency targeting match-fixers, drug cheats and other forms of corruption in Australian sport. Responding to the Woods Review of...
Feb 11, 2019
Sport /
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Finance /
Government