Tag Archives: Tsogo Sun Holdings
- Acquisitions fuel Tsogo Sun core profit
May 26, 2017
South African hotel and casino operator Tsogo Sun Holdings Ltd.’s full-year profit jumped 11 percent on the back of recent acquisitions, including a controlling stake in Hospitality Property Fund. For the fiscal year ending March 31, Tsogo Sun announced that its earnings before interest, tax, depreciation, amortization (EBITDA) grew to...
- Tsogo Sun has “disappointing” H1 gaming win
November 24, 2016
South African casino operator Tsogo Sun Holdings plans to focus on international expansion after reporting flat operating profits in the first half of its fiscal year For the six months ending September 30, Tsogo Sun reported revenue of R6.3b (US $445.4m), up 8% from the same period last year. Operating...
- Tsogo Sun waiting for South Africa’s gambling ‘uptick’ to come
July 18, 2016
Hotel, gaming and entertainment group Tsogo Sun Holdings is eyeing to be at the center of South Africa’s economic rebound. The strategy: Add more square meters and betting machines to its casino venues around the continent. In an interview with Bloomberg, CEO Marcel Von Aulock said the company has already...
- South Africa wants online gambling regulator; Sun Intl. new Pretoria casino
August 12, 2013
South Africa’s long and (for the moment) fruitless pursuit of legal online gambling options took yet another unsure step toward the finish line last month. Trade and Industry Minister Rob Davies announced plans to establish a single regulatory body that would oversee the national lottery, sports pools, betting exchanges and...
- Sports betting boosts Phumelela’s H1; Tsogo Sun to expand Gauteng casinos
April 12, 2013
South African horseracing and betting operator Phumelela Gaming & Leisure Ltd. saw revenue rise 8% to R492m (US $55.2m) in the six months ending January 31. The boost was largely due to Phumelela’s football betting operations, which saw net income rise 77% over the same period last year. Meanwhile, revenue...
- South African merger creates £1.75bn gaming giant
February 22, 2010
While all the talk in Europe has been whether or not PartyGaming and Bwin will quit flirting and get together, two of South Africa’s leading operators have already made their first move and got thmselves a room. It'll have to be a big room too as Gold Reef Resorts Ltd...
Fortuna new sponsors of Romania’s national football team
March 22, 2017
Betfair sponsor Juventus; Unibet sponsor Aston Villa
July 5, 2017