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South Africa News - Page 3

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South Africa looks to legalize online gambling

International News Brief: Having learnt from the United States that outlawing online gambling does little to solve the problem, the South African government is now on course to legalize it.

Mykonos exceeds expectations

International News Brief: Gold Reef Casino and Resorts reports that their Mykonos casino exceeded expectations in the year to end December 2006 to become the group’s top performer.

Suncoast boosts security

International News Brief: Suncoast marketing manager Robbie Naidoo said the casino was taking increased violence on its premises very seriously and planned to improve security to guarantee the safety of its patrons.

South Africa casino construction contract awarded

International News Brief: The contract for the construction of a new casino resort near Mogale City, South Africa, has been awarded to Grinaker-LTA Building, part of the JSE-listed Aveng group.

Poker boom hits home in South Africa

International News Brief: The online poker industry has burgeoned, despite being illegal in terms of the National Gambling Act of 2004.

Akani awarded South Africa casino contract

Property development company Akani Resorts has awarded a R733-million contract for the construction of a new casino resort near Mogale City, South Africa.

Century Casinos' South African casino opens

Century Casinos, Inc. has celebrated the official opening of Century Casino Newcastle's new resort facility with a grand opening gala on Saturday, December 2, 2006.

South African judge rules against online gambling

International News Brief: Online gambling is still outlawed in South Africa, even though the service is offered from outside the borders of the country, a Pretoria High Court judge has ruled.

South African license process criticized

International News Brief: Ekhuphumleni, one of the bidders for the last two casino licences in the Eastern Cape, has cried foul, saying the process was ‘suspect’.

Court rules for South African casino

International News Brief: The Supreme Court of Appeal on Friday ruled that the Desert Palace Casino did not have to pay a penalty of nearly R1,6-million to the Northern Cape Gambling Board.

LVGI, Golden Pond sign deal

Las Vegas Gaming, Inc. and Golden Pond 57 Ltd. have entered into a joint venture agreement, creating a new wholly owned gaming company.

Kwazulu-Natal government supports casino

International News Brief: The Kwazulu-Natal government has hailed the building of the R100-million state-of-the-art casino in Newcastle, northern Zululand, as a major boost for the region.

South African court hears illegal casino challenge

International News Brief: The Constitutional Court will consider another challenge to the asset forfeiture provisions of the Prevention of Organised Crime Act when it hears an appeal by a KwaZulu-Natal property owner who operated an illegal casino.

South Africa Board Admits to Casino Problems

International News Brief: The National Gambling Board has admitted that statements made recently by Reserve Bank Governor Tito Mboweni that some casinos might not be helping police catch money launderers, are correct.

Century Casinos Closes South African Transaction

Century Casinos, Inc. reports the closing of the previously announced agreement to sell its interest in the Gauteng, South Africa, development project to the Akani Group.

South African Casino Groups, Banks Argue

International News Brief: Major row erupted yesterday between casino groups and Reserve Bank governor Tito Mboweni, who accused them of undermining attempts to combat money-laundering and cash-in-transit heists by accepting dye-stained bank notes.

South African Dealer Wins Competition

International News Brief: A South African croupier is the toast of the country"s gaming industry after winning an international dealer competition in Australia last week.

Gold Reef City Casino Invests in Expansion

International News Brief: Gold Reef City Casino will be investing R240-million in a 17-month development and refurbishment programme that will see the casino add a range of new facilities to its premises, as well as revamp the look and feel of existing interiors.

Gold Reef Buys Larger Stake in Silverstar

nternational News Brief: Gold Reef Resorts and its empowerment partner Akani Leisure Investments have exercised their option to up their stake in Silverstar, the sixth and last casino licence in Gauteng, South Africa.

Problem Gambling Down Two Percent: Survey

International News Brief: The number of people with a gambling problem in South Africa has dropped in the past two years, a recent study has found.

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