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South Africa News - Page 5

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South African Cops Caught in Gambling Scam

International News Brief: Two former policemen have been jailed for long stretches by the Wynberg regional court for illegally confiscating gambling machines and trying to sell them.

Heist at Emperor's Palace Casino

International News Brief: About 12 robbers stole an undisclosed amount of cash from the Emperor's Palace Casino outside Johannesburg.

Sun International Plans One More South African Casino

International News Brief: Sun International has one last new casino on the cards for its South African operations, the Worcester casino in the winelands of the Western Cape, according to CEO Peter Bacon.

Children Gambling to Support Families

International News Brief: Children are gambling at schools in KwaZulu-Natal to raise money to support their families and principals are allegedly trying to keep the problem under wraps to prevent their pupil numbers dropping.

Emperors Palace Strike Resolved

International News Brief: Strike action by members of the Food and Allied Workers Union at the Emperors Palace casino complex has been resolved, according to listed gaming and hotel group Peermont Global.

Emerald Casino Uses Tables as Media Space

News Brief: Emerald Casino Resort has created media space on its gaming tables, an effective tool leveraged to increase awareness of its recent Hot Twins prive promotion as well as adding value to its promotional partners in a highly receptive environment.

South African Casino Workers on Strike

International News Brief: About 900 Food and Allied Workers Union members were on strike at Johannesburg's Emperor's Palace casino complex on Wednesday.

South African Casino Workers to Strike

International News Brief: Peermont Global reports that the Food and Allied Workers Union has given formal notice to its Emperors Palace Hotel, Casino and Convention Resort of its intention to embark on strike action at Emperors Palace with effect from 18:00 on Friday.

Johnnic Holdings Seeks South African Investment Opportunities

International News Brief: South African casino and hotel group Johnnic Holdings is actively seeking further investment opportunities, including a stake in top gaming group Tsogo Investment Holdings, the firm said on Thursday.

South Africa Spend More on Gambling

International News Brief: South Africans blew R9,9 billion gambling at casinos, on the horses, bingo and limited payout machines in the year to March, a 22% increase on the R8,1 billion they wagered last year.

South African Casino Development Delayed

International News Brief: The planned casino development in Bethlehem, Free State province has been held up by the slow appointment of members to the Free State Gaming Review Board.

Peermont Bets on Africa

International News Brief: South African hotel and casino company Peermont Global is in talks to launch hotel and casino resorts in South Africa, Mozambique, Angola and Uganda as it expands in Africa to keep profits rising.

South African Lottery Coincidence Surprises

International News Brief: South African lotto watchers who tuned in for Saturday's draw were surprised when no fewer than four of the winning numbers in the lottery were identical to the Lotto Plus winning numbers.

South Africa Plans Online Gambling Policy

International News Brief: The South African government plans to develop a new policy on Internet gambling this year.

South African Casino Groups Report Rise in Profit

International News Brief: South Africa’s listed hotel and casino groups recently reported a surge in profits and dividends on the back of last year's buoyant consumer spending, but their longer-term profitability will depend on where they invest their excess cash.

South African Board Imposes Casino License Conditions

International News Brief: Finance and Economic Development spokesperson Barry Morkel says that the North West Tender Board had imposed conditions of licenses for five casinos in Pretoria as part of promoting the broad based Black Economic Empowerment.

South African Casino Hit by Robbers

International News Brief: Several men firing AK-47s stormed into Gold Reef City Casino and got away with R1.2-million in a daring predawn raid.

South Africa's Casinos Clean Up

International News Brief: South Africans gambled away R8.2-billionin the 12 months between March 2003 and March 2004, 89% of it going to casinos.

Sibaya Casino Reports Strong Opening Month

International News Brief: The multimillion-rand Sibaya Casino reported a bumper opening month, with more than 500 000 visitors passing through Durban's latest tourism spot.

Company Sells Interest in South African Casino

Caesars Entertainment Inc., the world's largest casino company, has agreed to sell its 25 percent of a South African casino to Peermont Global Ltd. for $145 million.

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