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African Gaming News:

Diamond Billionaire To Build Las Vegas Casino
4th July 2007

Lev Leviev, and Israeli businessman who has made billions of dollars in the lucrative diamond trade, has now set his sights on the Las Vegas casino market. Leviev's company, Africa-Israel, has partnered with other firms to purchase a 60-acre parcel of land that borders the Hard Rock Hotel Casino in Las Vegas. The $625 Million land purchase signals the beginning of a major resort development that will include multiple casino resorts and a new convention center.

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Casino Simba Opens With A Bang
24th June 2007

Casino Simba opened it's doors over the weekend with a grand opening that turned out to be the biggest social event in the history of Kampala. Located within the Garden City Mall complex, Casino Simba is already off to a roaring start, with more excitement yet to come.

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Gambling pair gets bail after locking child in car
2nd February 2007

The case against Denise Truter (21) and Cornelius Roos (22), who were charged with child neglect after leaving their 22-month-old daughter in the car while gambling, was postponed until March 6 during a brief appearance in Bloemfontein Magistrate's Court.

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Opinion: My Turn
3rd January 2007

We may not admit it but we are all, no matter how pious we maybe, once in a while fascinated by riches and the rich. Given a choice most of us would rather be another billionaire Bill Gates than another the late Mother Theresa of Calcutta.

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Gambling funds to boost tourism
20th December 2006

FUNDS from gambling would be channeled to tourism as one way of boosting infrastructure in the sector, an official from Malawi Gaming Board (MGB) has said.

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Vodka, gambling paraphernalia, list of VIPs located on accident vehicle; Bid to smuggle container of fireworks foiled
3rd December 2006

Three persons who were injured in a two-vehicle collision have been admitted to a hospital, reports Al-Watan daily. A police source said a pick-up truck overturned after crashing into the car driven by a young Kuwaiti woman. Inside the overturned pick-up truck police found a roulette machine and three bottles of vodka. It has been reported the occupants of the pick-up truck

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Namibia: Court Grants Bail to Namugongo
25th September 2006

CORRUPTION suspect Sackey Namugongo was released on bail of N$20 000 on Friday, five days after he was arrested on charges that he allegedly used his position as a senior official in the Ministry of Environment and Tourism to sell fake gambling licences.

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11 in court for casino robbery
1st August 2006

Eleven of 14 men charged with a daring casino robbery briefly appeared in the Nelspruit regional court on Tuesday.

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Sun International sees advantage in weakening currency
16th July 2006 - Business Day

THE diversification of listed gaming and leisure group Sun International could become more obvious as an advantage over its listed rivals as the rand continues to weaken against the greenback.

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Sun International's offer to buy out Real Africa may now be seen in a new light
19th June 2006 - MWeb

Sun International's unsolicited offer to buyout shareholders in Real Africa Holdings (RAH) may now be seen in a new light.

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Sun International sells stake to black investors
8th November 2005 - Engineering News

South Africa's biggest hotel and gaming operator Sun International has agreed to sell a 7 percent stake to black investors in a deal worth 604 million rand, it said on Monday.

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Police swoop on illegal online gambling venue
7th November 2005 - Herald South Africa

MEMBERS of the police organised crime unit in Port Elizabeth, with two officials from the Eastern Cape Gambling and Betting Board, last week raided a venue at Greenacres they suspected to be an illegal casino.

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Sun International hotels spend US $3 million on marketing Zambia's tourism potential
30th July 2005 - Zambia News Agency

SUN International hotels in Livingstone has spent US$3 million on marketing Zambia' tourism potential abroad, outgoing manager Boris Bornman has disclosed.

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Johnnic strengthens its hotel, gaming position
1st July 2005 - Business Day

JOHNNIC Holdings has received unconditional approval for its acquisition of 50% interest in Fabcos Investment Holdings Company from Fabvest Investment Holdings for a cash consideration of R295m.

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Gamblers blow R10bn as casinos hit jackpot
17th June 2005 - Business Day

South Africans blew R9,9bn gambling at casinos, on the horses, bingo and limited payout machines in the year to March, a 22% increase on the R8,1bn they wagered last year, according to the latest statistics from the National Gambling Board.

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Mangaung casino on track
12th June 2005 - Finance 24

Construction work on local empowerment company Mangaung Sun's R240m leisure development, the Windmill Casino & Entertainment Centre in Bloemfontein, has reached a key milestone this week with the completion of the complex's roof.

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R67m Free State casino delayed
10th June 2005 - Finance 24

The planned new R67m casino development in Bethlehem, Free State province, in which listed hotel and gaming group Peermont Global (PGL) has a 40% stake as well as development and management contracts, has been held up by the slow appointment of members to the Free State Gaming Review Board (FSGRB).

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VAT Service grants lotto operators reprieve
2nd June 2005 - Ghana Web

The VAT Service on Thursday decided to suspend, for one week, its operation of arresting private lotto operators who are selling lotto coupons at prices inconsistent with the face value on the VAT-printed coupons.

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Sun International sees revenue increase
30th May 2005 - Sunday Times

Hotel and gaming group Sun International (SUI) expects its adjusted headline earnings per share (HEPS) for the year ending June 30, 2005, to be between 35% and 45% higher than those of the year-earlier period, thanks to continued favourable trading conditions at its gaming operations.

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Lottery business: Court to decide stay of proceedings June 8
27th May 2005 - Nigerian Guardian

A LAGOS High Court will on June 8, 2005 decide whether to grant a stay of proceedings in the lottery suit brought by the state against the National Sports Lotteries Limited (NSL) and the National Sports Lotteries Management Company Limited.

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New hotel, casino force emerging
6th May 2005 - Engineering News

Hotel, casino and resort developer Peermont Global, formerly known as Global Resorts SA, is investing R197-million in expansion projects this year.

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Court fines eight illegal lotto operators 24 million cedis
6th May 2005 - Ghana Online

A Kumasi circuit court has fined eight illegal lotto operators three million cedis each. They all pleaded guilty.

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Dubawi Has The Bookies Running For COver
12th Apr 2005 - Guardian Unlimited

Bookmakers were running scared of Dubawi after the unbeaten Godolphin colt worked brilliantly under Frankie Dettori in a searching gallop at Nad Al Sheba racecourse in Dubai yesterday.

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Israel - 65% gross profit margin at Loutraki casino
6th Apr 2005 - Globes Online

The Miloumor share rose 5% today, after the company published its results, which showed that the casino’s gambling revenue had risen 5.4% to €193.3 million in 2004. Net winnings by gamblers at the casino totaled €67.8 million, leaving the casino with a €125.4 million gross profit 65% of revenue.

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