South Africa News - Page 8

International News Brief: Real Africa Holdings' gaming interests and the disposal of its noncore assets helped bring about a tenfold increase in earnings for the year to end March.

International News Brief: Construction of Sibaya Casino & Entertainment Kingdom remains on schedule for its opening in November, with the bulk of earthworks for Durban's second casino complex completed.

International News Brief: The remaining shareholders of Caesar's Gauteng Casino are likely to take over the human resources and training function that was a condition of their winning the casino licence after one of the shareholders failed to fulfill this part of the agreement.

nternational News Brief: Casino giant Tsogo Sun has been accused by its former founding chairman of deliberately allowing Absa Bank to call up loans to two black empowerment minority shareholders of the Hemingways Casino.

International News Brief: The Black Economic Empowerment shareholders of South Africa’s Hemingways Casino are in financial trouble after a leading bank called up its loans.

International News Brief: Moribo Leisure is looking at several opportunities, including the possibility of selling gambling assets.

nternational News Brief: Two policemen who allegedly extorted bribes from owners of illegal casinos in the south Peninsula for years have been caught in a police trap.

International News Brief: The Western Cape Gambling and Racing Board has awarded two groups licences to operate 2000 slot machines in the province.

International News Brief: Four bids have been received for KwaZulu-Natal's pub and club gambling licences but it will be at least another six months before the bells start ringing on the first legal slot machines.

International News Brief: A man and his partner are suing GrandWest Casino and Federal Gaming for R1,2-million in damages after he was allegedly assaulted and held at gunpoint by security officials last year.

International News Brief: There is a good chance that laws to ban online gambling will be unenforceable as the new National Gambling Bill goes before parliamentary committees for debate.

International News Brief: Grandwest Casino will honour jackpot payouts totalling R355 970 to six punters following Monday's computer glitch on some of the casino's slot machines.

International News Brief: Six punters say they have been cheated out of their casino winnings after GrandWest in Goodwood refused to pay their jackpots immediately.

International News Brief: The construction of a multi-million rand casino resort in Klerksdorp in the North West is expected to boost the local economy by creating job opportunities.

nternational News Brief: In a landmark verdict for the horseracing and betting industry, a Pretoria High Court judge has ruled that bookmakers may not take bets which in any way whatsoever are linked to tote dividends and results.

International News Brief: Former Mpumalanga Gaming Board chief executive Barry Mashigo is scheduled to appear in the White River magistrate's court on fraud charges on Tuesday after allegedly masterminding a consultancy fee scam.

The Supreme Court of Appeal of South Africa has granted the Gauteng Gambling Board leave to appeal the October 20, 2003 judgment ordering the award of the casino license to Silverstar.

International News Brief: A man was killed and another critically injured in a fight at a video lounge at Caesars Gauteng, police said.

International News Brief: Gold Reef Casino Resorts says it expects to report materially higher annual earnings.

International News Brief: A Durban couple's good fortune at a local casino turned into a nightmare yesterday when they were robbed at gunpoint by three armed men outside their beachfront flat.