Why do pubs make 45 per cent of poker machine profits when they only operate a quarter of the machines?
Brisbane’s oldest continually operating pub is set for a facelift,with the Victory Hotel hoping to attract new patrons with a rooftop bar and wraparound balcony.
The historic boozer returns after a year-long polished yet timeless revamp,with serious food cred to match.
Privately owned Hunter Hotel Group has expanded its regional footprint after snapping up the popular Seabreeze pub on the NSW Mid North Coast from the well-known Short Family empire,with a price tag of about $33 million.
Endeavour chairman Peter Hearl was forced to defend the company’s leadership and share price performance,as well as a prolonged attack from former Woolworths chief Roger Corbett.
The liquor and gaming giant faced questions from analysts about growth ahead of a fiery annual meeting this week.
The board of Qantas has governed and overseen a company and management that has performed poorly for customers. Yet,some directors will be rewarded with a show bag of free flights when they exit.
The new owner of the Salisbury pub in the inner west intends to get to know the locals and patrons before making any changes to what is known as having a “very welcoming and friendly” atmosphere.
The fight for retail shareholders’ votes has started in the explosive Endeavour board stoush.
Endeavour told investors it was concerned by the “ongoing and significant disruption” to the business and would now put retail veteran Bill Wavish up for election at this year’s annual meeting.
A partnership agreement between Endeavour and Woolworths is in the crosshairs of billionaire Bruce Mathieson,the biggest shareholder in the pub,poker machine and liquor group.