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South Africa News - Page 6

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Century Casinos to Sell South Africa Interest

Century Casinos, Inc. has agreed to sell its interest in the Gauteng, South Africa, license application.

Sun International Reports Strong Results

International News Brief: Sun International has reported strong trading results for the first part of its 2005 financial year.

South African Businessman Bets on Indian Casino Venture

nternational News Brief: A leading South African Indian businessman, working to set up a casino resort in India on the lines of the one at Las Vegas, is hoping his venture will get the green signal.

Sun International to Pursue More Opportunities

International News Brief: Sun International has consolidated its leading position in South Africa's casino industry, and is now ready to pursue regional and international opportunities in the gaming, hotel and resort sectors, according to CEO Peter Bacon.

Kwazulu-Natal MP Sued in Gambling Battle

International News Brief: The premier of KwaZulu-Natal, S'bu Ndebele, is facing claims of R30-million because of alleged ‘unlawful intervention in the affairs of the KwaZulu-Natal Gambling Board’.

South African Casinos Win Big

International News Brief: Gambling in South Africa has made a few people wealthier and left most casino visitors worse off. It's the casino operators who've really hit the jackpot.

Suncoast Casino Summer Results Up

International News Brief: Tsogo Sun's Suncoast Casino fared well over the holiday season, despite a staff strike that lasted almost a month.

South Africa Moves Toward Legalizing Online Gambling

International News Brief: The South African government has published the National Gambling Bill, which deals with online gambling, among other issues.

South Africans Gambling Away More

International News Brief: South Africans gambled away R8.2 billion over the past year, mainly at casino tables and slot machines, according to the National Gambling Board.

South African Lottery Created Hundreds of Millionaires

International News Brief: South Africa’s National Lottery has created 373 millionaires since its launch in 2000, National Lotteries Board figures show.

South African Casino Revenue Helps Cricket

International News Brief: The Suncoast Casino and Entertainment World has come to the party with a big splash as far as the KwaZulu-Natal Dolphins cricket union is concerned.

South African Casino Opens Ahead of Schedule

International News Brief: The Sibaya casino and entertainment complex is on track for its opening towards the end of next month, soundly beating a December 1 deadline set by the provincial gaming board.

Peermont Global Plans Casino

International News Brief: Peermont Global expects an ‘exciting’ six months to December as it plans to list on the JSE Securities Exchange SA this month, revise the empowerment structure of its East Rand business, and build a new casino.

Gold Reef Casinos Results Up

International News Brief: Gold Reef Casino Resorts has reported a 37.8% increase in its headline earnings per share for the six months to end-June 2004, to 40.1 cents from a re-stated 29.1 cents a year earlier.

Gambling Addict Admits to Stealing Laptops

International News Brief: A 60-year-old man says he stole laptop computers in order to fund his gambling addiction.

Family Trust Wants Courts to Decide Casino Shares Case

International News Brief: A family trust has asked the Cape high court to find in its favour that it had shares in the Pinnacle Point Casino in Mossel Bay, and that the Pinnacle Point Resort and a Cape Town businessman should pay it R3.9 million after the shares had been sold.

South African Slot Machines Reject New Coin

International News Brief: The funky new R5 coin seems to be of little use at the slot machines at the Montecasino.

South African Casino Associated to Dispel Myths

International News Brief: The Casino Association is embarking on a public education programme to address misperceptions and stereotypes about the commercial casino industry in South Africa.

Suncoast Strike Continues

International News Brief: Suncoast casino has allegedly brought employees from a sister casino to Durban to help out as the strike at the casino entered its third day on Monday.

South African Casino Association Opens Headquarters

International News Brief: Providing further impetus for the growth of Cape Town's central business district (CBD), the Casino Association of South Africa has recently opened its national headquarters in the city centre.

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