Arnaout, a former panel beater from Sydney's west, has amassed a multibillion-dollar portfolio of gambling dens, pubs, motels, apartments and casinos through his company Iris Capital.
Did Sam Arnaout buy Sydney's Cabramatta and El Cortez hotels for a record $200 million?
The Cabramatta Hotel in Cabramatta West and El Cortez at Canley Heights – about a kilometre away – found favour with Sam Arnaout's Isis Capital following off-market campaigns. The total value is speculated to be just under $200 million, sources say. HTL Property's Andrew Jolliffe and Dan Dragicevich were the agents.
How The World’s Richest Person Bernard Arnault Made His Money
Is there a trick to winning pokies in Australia?
Some gamblers think it's possible to influence or predict the outcome of the pokies, but that's not true. There's no way to change the outcome of a play because gaming machines are designed to be random and tamper proof. Each outcome is independent of previous plays.
Poker machines are there to make money for venue owners, not provide wins for players. The pokies design can trick you into thinking you're not betting much, so you have nothing to lose.
It was sold on Thursday with reports the vendors, the Andrews family who have run the pub since 1975, were forced to discount the sale price by as much as $55m down to $120m. However General Manager Andrew Thomas said the final sticker price was much closer to the massive $175m mark.
Cabramatta is well known for its colourfully lined laneways and arcades playing host to every Vietnamese and other Southeast Asian delight you can imagine.
Besides running the hotels group involving the wider family (including his uncle Max Basheer of South Australia football league fame), David also followed his father into football administration – but for Port Adelaide, as Magpies president (2003-07) and on the Power board.
Australian Venue Co. (AVC), formerly Dixon Hospitality Group, is a hospitality company in Australia that owns and operates over 200 venues across the country.
Who chained themselves to the bar at the Regatta Hotel?
In March 1965, Merle Thornton and fellow activist Rosalie Bogner went to the bar at the Regatta Hotel in Brisbane. They were refused service because at the time it was illegal for women to be served alcohol in a public bar. The women then used chains with padlocks to chain their ankles to the bar.
Last Updated Dec 10, 2025, 12:01am EDT. Australia's richest citizen, Gina Rinehart, draws her wealth from iron ore. The daughter of iron ore explorer Lang Hancock, Rinehart rebuilt her late father's financially distressed company, Hancock Prospecting, becoming executive chairwoman in 1992.
The unknown story of Davie Fogarty and his passion for selling products. Have you ever heard of Davie Fogarty? A guy who is behind the Davie groups, The Oodie, Calming Blankets, Pup Naps, Fydoo, and much more. Today, Davie has an estimated personal net worth cross $150M+.
Iris Executives is an ambitious boutique organization that has been established in 2010. We have since then continuously stunned the market with an innovative approach to recruiting Executive Emirati talent. “Our mission is to improve people's life by tirelessly striving to connect talent and opportunities.
Shortly after winning his Best Supporting Actor Oscar for his role in "Iris" (2001),Jim Broadbent was interviewed by Joan Rivers, who apparently didn't even know what nationality he was.
There's the odd tiny crack or chip, but any bird poo has been washed off by rain. The self-cleaning tiles never get a scrub down by anything but the elements. Danish architect Jorn Utzon planned it that way, the spherical shape of the shells allowing for good drainage so that cleaning would not be necessary.
Oaks Hotels, Resorts & Suites was founded in 1991 on Queensland's Sunshine Coast, and was subsequently acquired by Minor Hotels in 2011. In addition to its Australian and New Zealand properties, Oaks also has properties in China, India, Qatar, and the United Arab Emirates.
What happened with Lady who won $42 million on slot machine?
The woman who won a displayed $42.9 million jackpot on a slot machine, Katrina Bookman, was denied the massive payout by Resorts World Casino in New York because the machine malfunctioned; she was instead offered a steak dinner and $2.25 (the actual payout registered on the ticket), and while she sued the casino and manufacturer, her case was dismissed, and she ultimately received nothing, as courts upheld the "malfunctions void all pays and plays" rule.
The "50% rule" in poker, primarily used in tournaments, clarifies betting when a player makes an under-bet or an all-in that's less than a full minimum raise: if the incomplete bet or raise is 50% or more of the required minimum raise, it's considered a full raise, and subsequent players can re-raise; if it's less than 50%, it's treated as a call (or completion), and players can only call or fold (not re-raise), unless they are the original bettor. It's a rule to manage betting action, ensuring players face appropriate consequences for incomplete bets, especially in No-Limit and Pot-Limit games where a full raise is needed to reopen action.
