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Africa 2000

27th November 2000           Newcastle, South Africa           Source: News24.co.za
Illegal casino boss quits

27th November 2000           South Africa          Source: Christian Science Monitor
A casino quandary in Africa

16th November 2000         Johannesburg         Source: Gaming for Africa
Gaming for Africa 2001
Show details and exhibitor rates

20th October 2000          South Africa           Source: News24.co.za
Casinos get economic ball rolling

6th October 2000           Zimbabwe           Source: All Africa/Zimbabwe Independent
Demands For Kickbacks Cost Harare $5b Casino Project

29th September 2000     Johannesburg      Source: GFA Press release
Gaming for Africa Expo Returns to World Gaming Calender

23rd August 2000          Cape Town           Source: News24.co.za
164 arrested in casino raid

1st August 2000          Johannesburg           Source: News24.co.za
Casinos hit the jackpot
 


 

13th August        South Africa         Source: Business Day
   
Sun International South Africa's disposal of 10 casinos to meet the requirements of the National Gambling Act has led to a 35% drop in earnings per share. The opening of new casinos in Gauteng over the last year or so has also had a negative effect. The Gambling Act stipulated there would be 9 regional Gambling Boards and a total of 40 casinos. Prior to the Act the company had a virtual monopoly on casinos that for many years were only permitted in the in the Homelands.
Sun suffers from closure of gaming operations
 

8th August          South Africa          Source: ANC News Service


    The much sought after but much delayed Durban casino license was awarded to Tsogo Sun by the KwaZulu-Natal Gambling Board on 4th August. The R1,4 billion casino, hotel and theme park complex will be adjacent to Durban's beach front. It is according to the company now set to create 20,500 jobs, 80% from KwaZulu-Natal. The temporary casino is due to open in Mid 2001 and be managed by MGM Grand RSA.
 

6th August         Cape Town         Source: PANA (Africa News Online)


    After a slow start South Africa's casino industry is apparently now performing above the governments expectations. The Panafrican News Agency reported on the 4th that 1.6% of household expenditure was presently being wagered. Very little is foreign exchange, but according to the article, South Africa would have the ability to generate $140 million in two years should Internet gaming be regulated under a single gaming authority.
Good Going on South Africa's Gambling Industry
 

15th July           South Africa          Source: IOL


     The Independent Online reported that the African Oceans bid for one of the two casino licenses in Durban has been abandoned. This follows the death of John Aspinall who was a major partner in the project along with Kerry Packer and Mangosuthu Buthelezi.
    The final hearings for the licenses after a near two year delay have been set for 5th August. There are now three groups in the running Southern Sun-backed Tsogo Sun, Durban Add-Ventures and Sun International's Afrisun bid for Umdloti. 
UK tycoon's death costs consortium licence
 

11th July          South Africa         Source: ANC Daily briefing - 7th July


    Western Cape Gambling Board has awarded a casino license to West Coast leisure for the Mykonos Resort. The application which was the only one received for evaluation is from a partnership that includes Gold Reef Casino Resorts and Casinos Austria International. The permanent facility being expected to create 680 jobs.
 

11th June          South Africa          Source: ANC daily briefing


   As a follow up to the National Gambling Board of South Africa releasing its annual report, the Safety and Security minister revealed on the 8th June that there are an estimated 431 illegal casinos operating in the country. The majority (300) are in the Gauteng and KwaZulu Natal regions. The loss to the Government in potential revenues thought to be in the region of SAR 1 Billion. 
 

9th June          South Africa          Source: ANC daily briefing


    The National Gambling Board has released its annual report to the SA Parliament. The report covered revenue that has so far been generated by bingo and casino operations. Of the 40 proposed casino licenses nationally, only 17 have so far been issued. Bingo that has only been licensed in Guateng is presently generating negligible tax revenues.
    According to the report there are a total of 10,222 slots and 364 table games in the licensed casinos. There are also some 60,000 limited payout machines operating illegally across the country with local law enforcement agencies unwilling to close them down.
 

9th May         Durban's          Source: Independent Online


   Two of the most famous characters from the gaming world - John Aspinall and Kerry Packer, have taken a stake in the African Oceans bid for one of the two Durban casino licenses. Bidding for the licenses was closed on Friday 5th with a total of 4 groups involved.
    For the two other permitted areas also in Kwa Zulu Natal - Pietermaritzburg and Richards Bay there are two bidders for each license. Final decisions on who the successful applicants will be are expected in the summer.
Spinal, Packer in Pavilion casino bid
 

20th April         Las Vegas/South Africa        Source: Acres Gaming Press release


    Acres Gaming have announced that Tsogo Sun in Johannesburg has signed a letter of intent and made an initial payment for the companies Advantage™ casino-wide slot system at the new MonteCasino. The company is also installing at the Crown Casino in Melbourne its Coinless Transit™ cashless wagering system.
Acres Gaming Announces Receipt of $4.6 Million Order and Reports Third Quarter Results
 

16th April         South Africa/Colorado         Source: Press release


   Century Casinos announced on the 14th that they had been awarded by the Western Cape Gambling Board the casino license for the companies casino development in Caledon. The 600 acre location being around 1 hour from Cape Town and expected to open in October. Century will have a 50% stake and a 10 year management contract on the new property. Five casinos are proposed to be licensed in the Western Cape region.
Century Casinos is Awarded Casino License in South Africa
 

12th April         Mississippi/Tunisia         Source: Press release


   BounceBackTechnologies that was formerly known as Casino Resource Corp. have released some detailed statistics from the companies Casino Caraibe in Sousse, Tunisia. Table games drop for the last months was $3.8 million with a win of $750,000 giving a hold of 19%.
    Slot revenue increased to $334,000. Combined revenues being $1,086,267 up 51% on the same period in 1999 and equating to an average daily win of $6000. BBT also announced that they were also discussing the possible sale of the property to interested third parties.
 

30th March         Johannesburg         Source: Gaming for Africa


    Gaming for Africa magazine has announced that the 2000 Johannesburg conference has been postponed until 2001. The date and location of the show to be announced in the future. Also announced was that André Gouws will be leaving the company on April 1st with Roy Bannister taking over as editor and publisher.
Gaming for Africa Expo postponed until 2001
 

15th March        Colorado/South Africa         Source: Press release


    In an attempt to secure the 6th and last license for the Guateng region of South Africa Century Casinos and partner Silverstar Development Ltd have announced that they have come to an arrangement with Rhino Hotel & Resort (Pty) Ltd. Rhino will now withdraw their application. The project is for a $70 million development with 1500 gaming positions in the western suburbs of Johannesburg.

    Further specialist information on the latest South African developments can be obtained at the Gaming for Africa website.
 

18th February         Johannesburg         Source: Press release


    Gaming for Africa magazine, organizers of the upcoming Gaming for Africa Expo 2000 expect the show to be the most innovative show to date, but the size and number of exhibitors is expected to be smaller than in previous years.
    Whilst the road to South Africa becoming a major casino gaming nation has so far not been a smooth one, manufacturers and suppliers attending include IGT, John Huxley, Novomatic, TCS, Bally, Unidesa, Bourgogne et Grasset, Abbiatti and Money Controls.
Gaming for Africa Expo 2000  - The Most Innovative Yet
 



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