Lotto's losing streak

Article Abstract:

60 to 80% of Australians buy a lottery ticket each year. The revenue generated by this industry, which has both private and state government companies, is however dwindling with increase in competition. Cost control measures are now becoming the main contributors to the bottom line which are no longer able to measure up to their previous glory due to slowdown in growth.

General services, Public affairs, Amusement and recreation, not elsewhere classified, Lotteries, Other Gambling Industries, Social aspects, Purchasing, Behavior, Lottery industry, Australians

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Smart, smarter

Article Abstract:

IBM has chosen Brisbane in Queensland over Bangalore for an important Asia-Pacific outsourcing support centre. This is likely to translate into 1000 jobs in the region during the next 10 years. Other outsourcing projects heading towards Australia are also discussed.

Contracts & orders received, Personnel administration, Contracts & orders let, Venture Analysis, Human resource management, Contracts, Business enterprises, Contract agreement, Company personnel management, Outsourcing

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Floats on thin ice

Article Abstract:

The first half of 2001 has seen only 38 initial public offerings on the Australian stockmarket as opposed to 162 during 2000. The lack of flotations is due to increased standards and a slower economy.

Evaluation, Stock-exchange, Securities listing, Going public (Securities), Initial public offerings

Similar abstracts:

• Abstracts: Hotel/gaming industry. part 5
• Abstracts: Publishing industry. part 5
• Abstracts: Bank industry. part 3
• Abstracts: Healthcare info. services. part 2
• Abstracts: Drug industry. Biotechnology industry

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