Billionaire Nick Politis has sparked a rugby league pub war after splurging $50 million to buy Brisbane’s famous Caxton Hotel, just doors away from the NRL-owned Beetson.
In a move that has sent shockwaves through both the business and sporting worlds, billionaire businessman and Sydney Roosters powerbroker Nick Politis has added another major asset to his impressive portfolio — the legendary Caxton Hotel in Brisbane. The $50 million acquisition has ignited fierce debate among rugby league fans and industry insiders, particularly because the pub sits only a few doors down from the Beetson, the NRL’s own flagship venue named after rugby league icon Arthur Beetson.
The Caxton Hotel is more than just a watering hole. It’s a sacred site for rugby league fans, especially during State of Origin season when thousands of Queensland supporters flood its bars and balconies in the lead-up to matches at nearby Suncorp Stadium. For decades, the Caxton has been synonymous with Queensland’s passionate sporting culture, hosting generations of fans, players, and celebrities. Politis’ decision to buy it — as a New South Welshman and one of the most influential figures in the Sydney Roosters club — has added a provocative edge to the deal.
Industry analysts say Politis’ purchase signals a strategic move into Queensland’s lucrative hospitality and sports entertainment market. As chairman of the Roosters and one of the richest men in Australian sport, Politis has long been known for his business acumen and competitive instincts. His ownership of the Caxton could create a new battleground for rugby league loyalties, with fans speculating whether the venue will maintain its traditional Maroons spirit or see a subtle shift toward promoting Politis’ Sydney-based interests.
The proximity of the Caxton to the Beetson adds another layer of intrigue. The Beetson, owned by the NRL and opened just last year, was designed to be a neutral, league-themed venue celebrating the sport’s heritage. With Politis now controlling its famous neighbour, the stage is set for a unique rivalry between privately-owned and league-owned establishments — a kind of “pub war” that mirrors the fierce on-field battles between Queensland and New South Wales.
Local publicans have already weighed in, with some suggesting that Politis’ deep pockets could transform the Caxton into an even bigger powerhouse. Rumours swirl about potential renovations, themed events, and exclusive tie-ins with NRL clubs and sponsors. Others, however, fear that the takeover could dilute the venue’s Queensland identity and alienate its loyal base of Maroons supporters.
Despite the controversy, Politis has remained characteristically tight-lipped about his intentions. Sources close to him describe the purchase as a “passion project,” blending his love of sport, hospitality, and competition. Whether his influence will reshape the Caxton’s culture or simply enhance its iconic status remains to be seen.
For now, one thing is certain: the Caxton Hotel’s new chapter is already one of the most talked-about developments in Australian sport and business. With Origin season just months away, fans can expect Brisbane’s most famous pub strip to become ground zero for a new kind of rivalry — one fought not just on the field, but over the bar counter.
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