The long-running stoush over Victorian horse racing has entered a new stage with the AHA calling for a moratorium on fees to venues. The agreement between Tabcorp and the Victorian thoroughbred racing industry expired 31 December, 2012, and has been in negotiation since. In recent bulletins, Tabcorp noted that the interim broadcasting arrangement was due […]
Police in Queensland are investigating the attempted ‘armed’ hold-up of a Brisbane pub, after a man demanded cash and threatened a staffer with a finger-pistol in his jacket. The weapon-less man entered the ALH-run Pub Lane Tavern just before closing at midnight last Thursday and approached a staff member, who refused to hand over money
The bottom line has hit the directors of ASX-listed Lantern Hotel Group, as big shareholders succeed in ousting them in favour of more experience and the promise of potential. Millinium Asset Services served Lantern (LTN) notice in April it was exercising its right as a 24 per cent shareholder to call a general meeting. This
BIG BUSINESS BITES LANTERN HOTELS DIRECTORS AS STAKEHOLDERS OUST OLD FOR NEW Read More »
Funds manager Charter Hall and super giant Hostplus have quietly acquired another three ALH pubs as the battle of the listed landlords continues. Following the pair’s $600 million vehicle, the Long WALE Investment Partnership (LWIP) that last year bought 54 freeholds tenanted by the Woolworths-backed ALH, another $200 million was recently raised for LWIP 2
The O’Hara family have parted with their Nags Head Hotel – selling with “mixed feelings” to high-flyer Geoff Dixon. After 15 years that have seen mum the licensee, all seven kids working within, and both Dan and his brother having met their wives at the pub, the O’Hara family has worked hard to keep the
The Gaming Technologies Association is bringing the tech to this year’s big show – with live updates for savvy visitors through its new-generation AGE app. The Australasian Gaming Expo (AGE) will take place 11-13 August at the Sydney Exhibition Centre @ Glebe Island, showcasing the latest and greatest in gaming technology, products and services. Following
The Bayfield family has swooped on Paddington’s Light Brigade to launch “a new chapter” in their already long pub history. After eight years at the helm outgoing owner Dean Haritos has divested the freehold going concern citing other interests, in a deal sources say was worth around $9 million. For the incoming, it represents the
One of the old-timers of Sydney’s Oxford Street party scene has sold, as patronage drop in the lockout zone drives property value into other options. The Exchange Hotel, at the lower end of Oxford St, near Hype Park, has been operating for over a century. For the past three decades it has thrived in a
OXFORD ST ICON CLOSES AS LATE-NIGHT ECONOMY DIES Read More »
Ten years after relaxing its licensing laws to cries of ‘alcoholic anarchy’ the UK has found the move may have been the best thing it could have done. Britain’s Institute of Economic Affairs (IEA) has released a report on the effects of the legislation brought in by the Labour Government in 2005. Despite panicked claims
The immensely popular venue game Keno has initiated a re-launch to “drive customers into pubs and clubs”. Played by an estimated 2.7 million each year and delivering $62 million back to players in winnings each month, the Tabcorp subsidiary is undergoing a transformation that will “deliver a fresh, customer-driven experience” to more than 3,600 venues
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