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South Africa Gaming News:
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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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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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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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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© 2006 - Global Gaming News
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