Billionaire pub mogul Arthur Laundy has dropped $300million to gain full control of five prominent pubs across NSW - including the iconic Watson s Bay Hotel.
Hotel mogul Arthur Laundy and his family dynasty have gone to head with pub baron Justin Hemmes in a multiple trophy venue acquisition amid a $2.2 billion spending bonanza in the industry.
Staring down a March election, NSW Premier Dominic Perrottet has committed to introducing mandatory cashless gaming, but pubs owners want trials before policy changes.