- MSL Solutions (MSL) signs a five-year contract with Stadiums Queensland
- The deal will see a new point-of-sale (POS) system integrated across the food and beverage operations for The Gabba and Suncorp Stadium, two of the most iconic venues in Australia
- MSL will deliver 880 SwiftPOS terminals and mobile enabled devices, which will generate more than $3.6 million through a combination of revenue streams
- Shares in MSL are up 6.67 per cent, trading at 16 cents as of 3:30 pm AEST
Sports, leisure and hospitality SaaS technology provider MSL Solutions (MSL) has signed a five-year contract with Stadiums Queensland.
The contract will deliver a new integrated “state-of-the-art” point-of-sale (POS) system across the food and beverage operations for The Gabba and Suncorp Stadium.
MSL will deliver 880 SwiftPOS terminals and mobile enabled devices, which is expected to generate more than $3.6 million through a combination of upfront and recurring revenue. This will include software subscriptions, hardware, and maintenance over the duration over the contract, with options to further extend the agreement.
MSL CEO Pat Howard said it’s an exciting time to be partnering with Stadiums Queensland, as the country heads towards the Brisbane 2032 Games.
“These two world-renowned stadiums want to deliver amazing customer experiences for fans and members alike, allowing their guests to spend more time enjoying the catering and watching the game, and we are pleased to have been selected to help on that journey.
“We are delighted with the continued trust that major event venues are showing in SwiftPOS, with a total of six major new stadia contract wins in Australia this year, which is a testament to the solution’s capabilities.”
Stadiums Queensland, the owner and operator of more than $1.2 billion worth of sporting and entertainment infrastructure currently oversees the management of the nine major sporting venues.
These facilities stage some of the largest sporting events, recreational or entertainment experiences in Queensland Australia, hosting more than 3.2 million guests in FY21. Many of these venues will be at the centre of the Brisbane 2032 Olympic Games.
Shares in MSL were up 6.67 per cent, trading at 16 cents as of 3:30 pm AEST.