Jul 8, 2026 – 11.29amRedcape Hotel Group, a fund managed by ASX-listed MA Financial, has snapped up a portfolio of pubs and hotels based mostly in NSW’s Hunter region from pokie king Sam Arnaout in a deal worth almost $500 million and one of the biggest of its kind on record.The portfolio includes popular Hunter Valley destinations, the Argenton Hotel, the Edgeworth Tavern, Hotel Elermore, the Gunyah Hotel and Peden’s Hotel in Cessnock.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Pokies king Sam Arnaout sells pubs portfolio to Redcape in $500m deal
The $500 million deal is one of the biggest of its kind and involves selling the hotels’ freehold, not just their leasehold.








