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Tag Archives: Tsogo Sol

África do Sul – Tsogo Sun se recupera da COVID com aumento de 144.3 por cento

South African casino operator Tsogo Sun bounced back with a revenue increase of 144.3 per cent in the first half of its year. Total income for the six months ended September 30 2021 of R959m (2020: R335m) ended R624m above the prior year with a R427m and R210m increase in hotel rooms’ revenue and food…

South Africa – Tsogo Sun welcomes lifting of travel ban after devastating first half

South African casino and hotel group Tsogo Sun Hotels has welcomed the relaxation of international travel, warning that whilst it did not envisage an improvement in its results in the short term, and that it could be forced to axe jobs, the relaxation would provide relief to the tourism sector. The operator suffered a loss…

África do Sul – Tsogo Sun compra plataforma de apostas esportivas online Betcoza

A Tsogo Sun Gaming, por meio de sua subsidiária integral, Tsogo Sun Alternative Gaming, comprou uma participação de 50.1 por cento na plataforma de apostas esportivas online Betcoza da Niveus Investments por R49 milhões. O negócio Betcoza está licenciado para operar uma plataforma de apostas online. As licenças de apostas esportivas no varejo operam em Gauteng e Limpopo. Tsogo disse:…

South Africa – Tsogo Sun hopeful online gambling will soon prop business up

South African gambling group Tsogo Sun Gaming reported a 67 per cent drop in operating profit for the year to end of March, despite only shutting its operations on March 25, following an announcement by President Cyril Ramaphosa. With operating profit down 67 per cent to R1bn, and earnings per share falling 87 per cent,…

South Africa – Tsogo Sun to float assets after splitting hotels from casinos

South African operator Tsogo Sun is in the process of unbundling its casino and hotel interests, prior to listing the holding company THL on June 12. The ‘unbundling’ aims to ‘unlock value’for its shareholders. The company said: “In terms of the unbundling, Tsogo Sun will distribute its entire holding of THL Shares to its shareholders…

South Africa – TCS John Huxley creates Burlesque tables for Tsogo Sun

When long standing customer Tsogo Sun decided to refurbish its Salon Prive at its Emnotweni Casino, Nelspruit, Mpumalanga, South Africa, TCS John Huxley was delighted to be invited to design a series of tables for the refreshed gaming space. With spectacular views across the Lowveld and Botanical Gardens, the new gaming tables needed to be…

África do Sul – Tsogo Sun aprimora sua coroa em Durban com o relançamento do Suncoast

O grupo de casinos sul-africano Tsogo Sun tem polido uma das jóias da sua coroa ao investir 1.6 mil milhões de rands na renovação dos seus hotéis e complexos de casinos Suncoast, na Golden Mile de Durban. A propriedade, inaugurada em 2002, foi ampliada e remodelada nos últimos dois anos, com um relançamento pouco antes do Natal. Sua pegada…

África do Sul – Tsogo Sun cancela venda de sete hotéis casino

Shareholders in South African casino operator Tsogo Sun have opposed plans to sell seven casinos and hotels to the Hospitality Property Fund for $1.72 bn. Tsogo stated: “At the reconvened General Meeting held November 12, shareholders were advised that following engagement with certain Tsogo investors it had become apparent that the Transaction and the Unbundling…

África do Sul – Operadores de Western Cape alertam que sem exclusividade os empregos cairão

Os operadores de casino no Cabo Ocidental, na África do Sul, afirmaram que, com a expiração das leis de exclusividade e os casinos a serem planeados para novas regiões, as receitas poderão ser seriamente afetadas e, em última análise, custar empregos à indústria. O Projeto de Lei de Emenda sobre Jogos e Corridas de Western Cape, 2018, atualizaria a Lei de Jogos e Corridas de Western Cape de 1996 (Lei 4…