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South Africa News - Page 8

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South African Casino Fiasco Heats Up

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.

South African Casino Shareholders in Trouble

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.

South African Company May Discard Gambling Assets

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

South African Cops Accused of Blackmailing Casinos

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.

South African Province Awards Gambling Licenses

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

Four Bids Received for South African Licenses

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.

Couple Sues South African Casino

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.

South Africa: What Odds of an Online Gambling Ban?

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.

South African Casino Will Honor Jackpots

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.

South African Casino Accused of Withholding Winnings

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.

South African Casino Expected to Boost Economy

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.

South African Court Makes Landmark Verdict

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.

South African Gaming Board Chief in Court

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.

South Africa Court Grants Appeal for Casino License Case

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.

Man Killed in South Africa Casino Fight

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

Gold Reef Casinos Sees Higher Earnings

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

South African Couple Robbed

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.

Official: Horse Flu Won't Affect South Africa's Racing

nternational News Brief: The current outbreak of equine influenza in the Western Cape was not expected to greatly affect South Africa's multi-billion rand horse-racing industry, because punters would continue to bet.

South African Court Commended for Gambling Conviction

International News Brief: A South African magistrate's court has been commended for convicting 16 women caught gambling with child-grant money.

Johannesburg Casino License Update

The Gauteng Gambling Board has served notice of motion to petition the South African Supreme Court of Appeal for a further appeal against the judgment of awarding the Johannesburg casino license to Silverstar Development.

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