Ferrier Hodgson has issued commentary on the state of play in gaming, pondering what effect online and mobile gaming will have on venue values. The advent of ‘smart’ technology in phones and tablets has produced an incredible array of digital products to entertain users, including both traditional ‘games’ and gambling applications. A specialist in restructuring […]
GAMING AT RECORD VALUE – FOR NOW: FERRIER HODGSON Read More »
June 23 will see Britons will vote whether or not to remain in the European Union (EU), threatening major disruption to British pubs and drinkers should ‘Brexit’ proceed. A positive vote by citizens of the UK to see Britain Exit (Brexit) the EU is likely to bring about far-reaching ramifications for economies around the world,
After one of the most anticipated and secretive refurbishments of 2016, the new owners have finally set loose the revamped Dolphin Hotel, alongside Harpoon Harry. The team of Christian Denny, Deke Miskin, Adam Hall and Vincent Rae bought the Dolphin last December from ASX-listed Lantern Hotel Group, bringing a second Surry Hills pub into the
One of Tamworth’s favourite watering holes has hit the market, with the vendor hedging bets on the future of the local landmark. Tamworth has a population around 48,000, and is located mid-way between Sydney and Brisbane. It is home to the annual Tamworth Country Music Festival, which is reputed to be the second-largest in the
Maryborough historic Engineer’s Arms is up for sale following an extensive restoration by former local Councillor Anne Nioa. Maryborough is just south of Hervey Bay, and home to the ‘World’s Greatest Pub Crawl’, attracting thousands of locals and visitors to make the pilgrimage around its dozen watering holes. The Engineer’s Arms was purchased by a
Following a positive ruling on Australia’s part in the beer global mega-merger, the Australian Competition & Consumer Commission (ACCC) is still unhappy about tap contracts and craft brewers. Last month the ACCC gave the green light to a $145 billion merger between Anheuser-Busch InBev and SABMiller, despite significant effects on competition in Australia. The takeover
ASX-listed Lantern Hotel Group reports it is on track to turn around, now listing its final Queensland pub as per its strategic divestment of non-core assets. Last week it put to market its freehold interest of Cairns’ iconic Courthouse Hotel, and now begins completion out of Queensland with the freehold going concern of Bundaberg’s Central
Balmain Pub Group has announced the re-opening and “complete change” of its newly acquired Town Hall Hotel. Following the $7 million purchase of the prominent corner pub in February, Balmain Pub Group (BPG) owners Nick Wills and Warren Livingstone had their wives in mind when they took an axe to the moody space. “We wanted
The original ALH landlord has posted its half-yearly property results, demonstrating why the hotel market continues to attract hungry investment. Listed entity ALE (ASX: LEP) reports the value of its portfolio of 86 freeholds grew by a healthy 10 per cent in FY16, up $90.0 million to $990.48 million. ALE says the value uplift was
The new minimum wage and hourly rate comes into effect in two weeks, and an increase twice the rate of inflation still sees the usual pundits not satisfied. From 1 July the minimum wage will rise 41c an hour to $17.70, or $15.80 per week to $672.70, representing a gain of 2.4 per cent. Inflation
MINIMUM WAGE HIKE DOUBLE INFLATION BUT NOT ENOUGH Read More »
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