Archivos de etiqueta: Sun Internacional
South Africa – Sun International begins to reopen some of its properties
Sun International’s urban casinos are reopening in South Africa with restricted tables and slot machine capacities, and with physical shields installed between slot machines and between seats at gaming tables. Every second slot machine has been disabled to ensure appropriate physical distancing between guests on the casino floor. Safety measures include temperature tests conducted at…
South Africa – Sun International rejects approach from Chilean investors for 50.1 per cent stake
Sun International, the owner of South Africa’s Sun City resort, has rejected an offer for a 50.1 per cent stake in its business, from Chilean investment firm Nueva Inversiones Pacifico Sur (IPS), which would have increased its shareholding from 22 per cent. Sun International’s second biggest shareholder, Value Capital Partners (VCP) opposed the bid from…
South Africa – Sun slammed as ‘reckless and irresponsible’ for two permanent closures
Sun International has closed two of its casinos permanently with Carousel Casino in the North West and Naledi Sun Hotel and Casino in Thaba Nchu not reopening once the current lockdown ends. Both casinos have experienced escalating costs and falling revenues over the past few years. This, coupled with the economic effects of the shutdown,…
South Africa – South African casino magnate Sol Kerzner dies of cancer
Sol Kerzner, often refereed to as ‘the Sun King’ for founding South African casino and hotel group Sun International, has died of cancer surrounded by his family at his home in Cape Town. Having founded the country’s two largest hotel groups, Southern Sun and Sun International, Mr. Kerzner went on to create casinos and hotels…
South Africa – Online betting drives Sun International’s growth
Sun International reported income growth of four per cent and an increase in EBITDAR of one per cent for its full year with the company’s online betting doing particularly well. The company’s online betting arm SunBet saw an increase of 82 per cent increase with Sun Slots increasing by 13 per cent. Sun International CE…
Chile – La fusión entre Sun Dreams y Marina del Sol está en suspenso
La propuesta de Sun International de fusionar su empresa de casinos Sun Dreams, con sede en Chile, con los activos de Marina del Sol ha quedado congelada después de que las empresas no pudieron llegar a un acuerdo sobre un memorando de entendimiento. Sun International confirmó que no habían logrado concluir la fusión propuesta antes de la fecha límite del 31 de octubre. “Las partes tienen…
Chile – Chilean company increases ownership in Sun Dreams to 50 per cent
Chilean company Nueva Inversiones Pacífico Sur has signed a contract with South African company Sun International to acquire 15 per cent of the ownership of the Sun Dreams casino and hotel chain, an operation that will allow them to increase their participation to 50 per cent. “The finalisation of the operation is subject to the…
Sudáfrica – Los operadores de Western Cape advierten que sin exclusividad los puestos de trabajo caerán
Los operadores de casinos en el Cabo Occidental de Sudáfrica han dicho que con la expiración de las leyes de exclusividad y la planificación de casinos para nuevas regiones, los ingresos podrían verse seriamente afectados y, en última instancia, costar empleos a la industria. El borrador del Decimonoveno Proyecto de Ley de Enmienda sobre Juegos y Carreras de Western Cape de 2018 actualizaría la Ley de Juegos de Azar y Carreras de Western Cape de 1996 (Ley 4...
Romania/South Africa – Kambi launches with Stanleybet Romania and Sun International
Sportsbook supplier Kambi has launched with two new customers in two different jurisdictions as Stanleybet Romania and Sun International went live with their respective Kambi-powered sportsbooks. The simultaneous launches, which come amid a busy pre-World Cup period, underlines the scalability of the Kambi Sportsbook, as well as the supplier’s ability to launch new customers within…
