Quest 'Get Junior': No other way to open the wall to a secret stash?

Solution 1:

I found that the activation point for the torch on the right was tiny, and hard to hit naturally.

I would suggest angling your camera as far up as possible, and "scanning" the torch area. You should find an usable area, which will open the door.

For a criminal enterprise / betting arena, I found the amount of cash on hand to be very disappointing. ;)