South Africa News - Page 7

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.

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.

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.

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.

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

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

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.

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.

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’.

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.

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

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

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.

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

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.

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.

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.

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.

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

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.