A real, transferable asset
In New South Wales and other states, gaming machine entitlements are transferable and trade in their own market — often a substantial, separately-identifiable share of a venue's value. Valuing them properly means understanding that market, not just the venue that holds them.
allbec Advisory values gaming entitlements as part of three decades of licensed-venue work, with figures that stand up to a bank, an auditor or a court.
When you need one
- Sale or purchase of a venue or its entitlements
- Block transfers of entitlements between venues
- Financing and security
- SMSF and financial reporting
- Family-law and partnership disputes
- Surrender, forfeiture or restructure
Our approach
We assess entitlement value from evidence of recent entitlement transfers — allowing for regional bands, thresholds and the earnings the machines support — and, where required, apportion clearly between the venue and its entitlements.
Common questions
Are gaming machine entitlements valued separately from the pub?
They can be. Entitlements trade in their own market and often carry significant, separately-identifiable value. Depending on the purpose, we value them on their own or as part of the going-concern venue, with a clear apportionment.
What drives the value of an entitlement?
The market for transfers, any regional caps or thresholds, and the earnings the machines support. We assess against evidence of comparable entitlement transfers.
Which states do you cover?
Australia-wide. Entitlement rules and the transfer market differ by state, and we value on the basis relevant to where the venue is licensed.