The Laundy Group continues its growth into growth areas, buying yet another Central Coast hotel to fit into its “jigsaw”. The Settler’s Tavern is close to the West Gosford commercial hub, central to the town’s 13,000 business and 65,000 employees. Gosford itself is home to around 170,000 people. Previously owned by well-known former AHA President […]
LAUNDY BUYS SETTLER’S TAVERN ‘PIECE OF THE PUZZLE’ Read More »
The future of the Redcape portfolio has taken another step, as the Moelis-Meers partnership progresses in its race to own its 26 pubs in New South Wales and Queensland. The Australian Financial Review reported that Moelis and Redcape have signed a heads of agreement, allowing the next step in the due diligence process. Redcape is
Nonagenarian father of Australian gaming Len Ainsworth has cashed out for around half a billion dollars to make room for a new big player in Australia and opportunity for AGT. After more than half a century in poker machines, the eponymous 92-year-old Len Ainsworth is selling his controlling share in Ainsworth Gaming Technologies to Austrian-based
AINSWORTH TO SELL TO NEW AUSSIE PLAYER FOR $473m + OPPORTUNITY Read More »
As licensing regulations and their enforcement face the spotlight in NSW, the front line of the defence speaks of wasted resources and an “attitude test” applied to publicans. Speaking with PubTIC, specialist lawyer to the hospitality industry, David Sylvester of Sylvester & Browne Lawyers, relayed accounts of venues being unduly targeted for questioning police. “Many
VENUES COP ‘ATTITUDE TEST’ FROM LICENSING: SOLICITOR Read More »
Queensland’s minority government has rammed through its lockout agenda, with the Katter Party trading hospitality jobs throughout the State for its rural constituents. The day before Annastacia Palaszczuk’s minority government successfully introduced its Alcohol Fuelled Violence Amendment Bill to Queensland parliament, last-minute negotiations were held between Labor and Katter’s Australian Party (KAP). KAP State leader
QUEENSLAND LOCKOUT BILL SEES MPs SACRIFICE HOSPITALITY FOR REGIONAL JOBS Read More »
Sydney-siders gathered to protest the infamous trade restrictions and lockout laws that are being seen as the cause of a massive slump in the city’s hospitality scene and nightlife. Around fifteen thousand protesters, including hospitality business owners and staff, music fans and musicians and members of the public, marched through Sydney’s CBD yesterday as part
The popular Star Hotel has closed in undisclosed circumstance after its purchase by the burgeoning Taphouse Hotel Group. The Star Hotel resides on a prominent corner at the entry to the town of Wauchope, just west of Port Macquarie. The town has around 6,000 residents and three pubs, and the Star was reportedly known for
Perth’s J.B. O’Reilly’s has won a victory “for common sense” as the Health Department dropped its action to force the removal of historic tobacco signs adorning the pub. Paul North, the owner of J.B. O’Reilly’s – “Perth’s Finest Irish Pub & Restaurant” – has spent decades collecting the 26 tobacco advertising signs that have hung
PREMIER RULES IRISH PUB CAN KEEP ITS ‘UNHEALTHY’ VINTAGE TOBACCO SIGNS Read More »
As NSW’ northern neighbour slips into lockout purgatory, more voices emerge to question the role of casinos in the changing landscape. Further to the discussion in PubTIC Magazine’s latest edition, the exclusion of casinos from the lockout noose is poorly justified and reeks of politics. News.com.au reports the City of Sydney stating it is “inappropriate”
It’s business as usual and business is good at Australia’s largest pub landlord, which has just posted a rosy outlook and profit lift as it continues to “focus on quality”. ALE owns the freeholds to 86 properties, exclusively leased to the country’s largest publican, Australian Leisure & Hospitality (ALH). The pair have largely pioneered the
“WE KEEP TO A SIMPLE RECIPE” – ALE TALKS LATEST PROFIT RESULTS Read More »
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