Contrary to mainstream media reports, an increase in EGM numbers and revenue is not due to market demand or opportunism, but an attempt to maintain position as revenue flatlines. Clubs and pubs are accused of pulling machines out of storage to “meet booming demand” in light of recent data on gaming room numbers and revenues. […]
GAMING MACHINES REINSTATED TO BOLSTER DEMAND AS REVENUE STALLS Read More »
Sydney’s exclusive charity event ‘Ladies Luncheon’ enjoyed another wildly successful year, raising $550,000 in support of Randwick’s Royal Hospital for Women. Now known as a highlight of the spring social calendar, Public House Management Group’s (PHMG) sixth annual event saw 170 guests gathered at Nobu at Crown Sydney, including Natalie Barr, Sky Leckie OAM, Georgie
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Weighing into the recent return in pubs activity, Australian Venue Co has struck its first major deal under its new majority owners, buying 10 venues from Hallmark Hospitality in SEQ. The Melbourne-based group has paid around $50 million for the ten pubs and nightclubs, at Brisbane, Surfers Paradise and the Gold Coast. In the deal
Listed real estate investment powerhouse Charter Hall and teamed again with Hostplus to attempt a takeover of the country’s last remaining listed pub landlord, Hotel Property Investments (HPI). Charter Hall Retail REIT (Real Estate Investment Trust) touts its interest in retail assets backed by long leases, counting shopping centres, convenience stores, childcare and petrol stations.
Victoria’s live music scene is set to receive a $3.9 million boost, with the state government reinforcing its commitment to supporting the industry and venues. The funding was designed to bolster the state’s beleaguered live music scene, and is part of a $35.4 million package supporting live music across the state. Round one of the
The Redcape reshuffle rolls on with the group’s twice-owned Wattle Grove Hotel becoming the next step in the northward expansion of Melbourne-based Francis Group. This is the second Redcape Hotel Group (RHG) acquisition by the southerners, headed up by Tom Francis, following their purchase of the Kings Head Tavern in South Hurstville earlier this year.
Police are appealing for information from the public on a series of surprisingly similar armed robberies on hotels, in Adelaide and south-western Sydney. Reportedly two men, armed with a handgun and a knife and with their faces covered, rushed the Wiley Park Hotel shortly before 3am on Wednesday (11 September), and allegedly stole cash before
Western Australia’s tiny town of Darkan, around 200 Kilometres south-east of Perth, received a blow two years ago when its only pub closed its doors. The pub had been established at the same time as the town itself, back in 1906, and had always been the social hub of the tight-knit community. Fortunately, a small
Redcape has continued the portfolio hygiene with divestment of the Vauxhall Inn at Granville to the growing Orion Hotels. Established in 1852 on a corner of Parramatta Road, the two-storey heritage-listed hotel was rebuilt in the 1930s in the distinctive Art Deco style. It counts a public bar area, bistro, accommodation, parking, and modern gaming
The venerable Chatswood Club, in the heart of what has become one of Sydney’s north shore hubs, is selling its two-level site in the hope of preserving its future. Established in 1954, it was previously known as the Chatswood Businessmen’s Club before a name change to broaden its appeal. Originally the club was within a
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