South Africa News - Page 8

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.

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

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.

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.

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.

International News Brief: A Pretoria man who was gambling online in the early hours of this morning has become South Africa's first online 'slots' millionaire.

International News Brief: The Congress of South African Trade Unions (Cosatu) is strongly opposed to a plan in which one of their affiliates have a stake in rolling out limited payout gambling machines in the Western Cape.

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.