19th
December 2001
Western Cape, South Africa Source: The Independent
Online
GrandWest
leads to money, jobs and addiction
29th
November 2001 South
Africa Source: Northern Light/Business Day
& Moneyweb
Wary
Investors Dump Sisa And Kersaf Shares
Peter
Bacon: MD, Sun International South Africa
Interview that details a
marked down turn in tourism to South Africa despite the weak Rand making
the country very inexpensive.
28th
November 2001 South
Africa & Bahamas Source: FT Global Archive/Business
Day
Kersaf
feels wrath of Sun International
26th
November 2001 Johannesburg,
South Africa Source: Washington Post
Gambling
Lures South Africa's Poor - Players 'Fuel Fantasies' With Meager Incomes
South Africa's 24 casinos
are dominated by slots and concerns are that they are attracting customers
who can least afford to play.
26th
November 2001 Colorado & Guateng,
South Africa Source: Yahoo/PRNewswire
Century
Casinos Announces Award of Casino License for Johannesburg, South Africa
The company has a 50% stake
in Rhino Resort Limited which operate the sixth and final property in Guateng
province with some 700 slots and 30 table games.
16th
November 2001
South Africa Source: Northern Light/All Africa
Global Media
South
Africa is Becoming a Nation of Gambling Addicts, Research Finds
The first study into problem
gambling puts the number at 45,000 persons. A similar number of Limited
Payout Machines are scheduled to be placed around the country shortly.
12th
November 2001
South Africa Source: Business Day
MGM
Mirage pulls out of South Africa
Report on the decision from
MGM Mirage. All details taken from the companies press release and an earlier
AP article.
9th
November 2001 Las
Vegas & South Africa Source: Yahoo/AP
MGM
Mirage Pulls Out of Four Casinos
8th
November 2001
Las Vegas & South Africa Source: Northern Light/PRNewswire
MGM
MIRAGE Announces Sale of South Africa Operations
MGM Mirage intends selling
its management operations for 4 casinos in Nelspruit, Witbank, Johannesburg
and
East London to Tsogo Investment Holding Co. Ltd. and Southern Sun Gaming
Investments Ltd.
8th
November 2001 Nairobi, Kenya
Source: Northern Light/The East African Standard
Revenue
From Gaming Sector Set to Increase
The Kenyan Betting Control
and Licensing Board collects 18 per cent VAT from 35 operational casinos.
Revenues from gambling & casinos making up 4% of the governments total
income.
26th
October 2001 South
Africa Source: Northern Light/Business Day
Slot
Machine Industry Gets Its Ducks in a Row for 2002
Malini, The National Gambling
Board and Zonke Central Monitoring Systems have apparently agreed upon
a deal that will perhaps see the roll out of LPM's next year.
23rd
October 2001 South
Africa Source: Northern Light/Business Day
& Moneyweb
'Companies'
Legal Battle is Nothing Personal'
Hawton
No Longer Kerzner's Buddy
19th
October 2001 Paradise
Island Source: Yahoo/PRNewswire
Sun International Files
Lawsuit Against Kersaf Investments Limited
17th
October 2001 Malawi,
Africa Source: Northern Light/African Eye
News
First
Two Casino Licenses Awarded
12th
October 2001
South Africa Source: Northern Light/Mail
& Guardian
Gambling
Revenues Drop
3rd
October 2001 Cape
Town Source: Seattle Times/AP Newswires
Gambling
mania sweeping South Africa
The National Gambling Act
created a framework for a maximum 40 casinos. 24 are now open. The 50,000
limited payout machines have been delayed due to continuing legal wrangles.
The National Lottery was established in 1990.
21st
September 2001
South Africa Source: Northern Light/Business Day
Rhino
Ready for Last Casino Licence
The sixth Guateng license
application has been rejuvenated as a joint bid from Rhino/Silverstar.
Century Casino's subsidiary Caledon Casinos has recently taken a 50% stake
in Rhino.
17th
September 2001
South Africa Source: Yahoo/PRNewswire
Century Casinos Announces
Developments in Johannesburg License Application
29th
August 2001
South Africa Source: Northern Light/Business
Day & All Africa Media
Is
the Gambling Boom Over?
Government
Comes Under Fire
Two
articles on the difficult trading conditions in South Africa and the various
delays in the rollout of limited payout machines.
27th
August 2001
South Africa Source: AllAfrica.com/Moneyweb
Peter
Bacon: MD, Sun International
Interview
transcript. Sun International South Africa reported group earnings up 27%
to R2.8bn.
27th
August 2001
South Africa Source: AllAfrica.com/Moneyweb
Lumb
Resigns From Igaming
26th
August 2001
Northern Province, South Africa Source: Northern
Light/Mail & Guardian
Unit
Ups Stakes in Gambling Board Probe
23rd
August South
Africa Source: Business Day
Limited
payout slots face 3-year delay
Court
action by the losing bidder against Zonke Monitoring Systems who would
have overseen the operation is apparently this time the cause.
22nd
August South
Africa Source: Dispatch Online
Emfuleni
in bid to drop deal Casino, hotel jobs at risk
1st
August Nassau
Bahamas Source: Yahoo/PRNewswire
Sun International Announces
2001 Second Quarter Earnings
1st
August Eastern Cape,
South Africa Source: Dispatch Online
Rush
to complete casino on time
Tsogo Sun Hemingway's casino
is due to open on the 26th September.
22nd
July Northern
Province, South Africa Source: Northern Light/THe
Sowetan
625
Gaming Machines Seized
9th
July Johannesburg
Source: Newsday.com
In S. Africa, Poor Gamble
On Better Life As many squander cash, officials reconsider legalized gambling
2nd
July Johannesburg
Source: AllAfrica.com
Casinos
Feel Threatened By Other Gambling Forms
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