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Africa News - Page 11

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South African Casino Revenue Helps Cricket

International News Brief: The Suncoast Casino and Entertainment World has come to the party with a big splash as far as the KwaZulu-Natal Dolphins cricket union is concerned.

Peermont Global Plans Casino

International News Brief: Peermont Global expects an ‘exciting’ six months to December as it plans to list on the JSE Securities Exchange SA this month, revise the empowerment structure of its East Rand business, and build a new casino.

Gold Reef Casinos Results Up

International News Brief: Gold Reef Casino Resorts has reported a 37.8% increase in its headline earnings per share for the six months to end-June 2004, to 40.1 cents from a re-stated 29.1 cents a year earlier.

Gambling Addict Admits to Stealing Laptops

International News Brief: A 60-year-old man says he stole laptop computers in order to fund his gambling addiction.

Alleged Crime Boss to Build Egyptian Casino

International News Brief: Assi Abutboul has bought a building in Taba, Egypt, and is planning to set up a hotel and casino there after striking a deal with with Egyptian authorities.

Family Trust Wants Courts to Decide Casino Shares Case

International News Brief: A family trust has asked the Cape high court to find in its favour that it had shares in the Pinnacle Point Casino in Mossel Bay, and that the Pinnacle Point Resort and a Cape Town businessman should pay it R3.9 million after the shares had been sold.

South African Slot Machines Reject New Coin

International News Brief: The funky new R5 coin seems to be of little use at the slot machines at the Montecasino.

South African Casino Associated to Dispel Myths

International News Brief: The Casino Association is embarking on a public education programme to address misperceptions and stereotypes about the commercial casino industry in South Africa.

Kerzner to Develop Morocco Destination Resort Casino

Kerzner International Limited and its local partners, Societe Maroc Emirates Arabs Unis de Developpement and Caisse de Depot et de Gestion, have collectively entered into an agreement with the Government of the Kingdom of Morocco for the development of a destination resort casino.

Suncoast Strike Continues

International News Brief: Suncoast casino has allegedly brought employees from a sister casino to Durban to help out as the strike at the casino entered its third day on Monday.

South African Casino Association Opens Headquarters

International News Brief: Providing further impetus for the growth of Cape Town's central business district (CBD), the Casino Association of South Africa has recently opened its national headquarters in the city centre.

South Africa Gets First Online Casino Millionaire

International News Brief: A Pretoria man who was gambling online in the early hours of this morning has become South Africa's first online 'slots' millionaire.

Casino Grande Put on Hold

International News Brief: The licensing of Uganda’s Casino Grande has been put on ice as the finance ministry puts the final touches on a more stringent law governing the operations of casinos, ministry officials have said.

Gambling Interests Boost Real Africa Earnings

International News Brief: Real Africa Holdings' gaming interests and the disposal of its noncore assets helped bring about a tenfold increase in earnings for the year to end March.

South African Casino Construction on Schedule

International News Brief: Construction of Sibaya Casino & Entertainment Kingdom remains on schedule for its opening in November, with the bulk of earthworks for Durban's second casino complex completed.

Cricketer Charged with Receiving Money from Bookie

International News Brief: Former Kenyan cricket captain Maurice Odumbe was formally charged with allegedly receiving money from a bookie, according to the International Cricket Council.

Namibian Gambling Moratorium Remains

International News Brief: The moratorium imposed on the issuing of gambling licences seven years ago remains intact.

South African Caesar's Shareholders to Fill Gap

International News Brief: The remaining shareholders of Caesar's Gauteng Casino are likely to take over the human resources and training function that was a condition of their winning the casino licence after one of the shareholders failed to fulfill this part of the agreement.

South African Casino Fiasco Heats Up

nternational News Brief: Casino giant Tsogo Sun has been accused by its former founding chairman of deliberately allowing Absa Bank to call up loans to two black empowerment minority shareholders of the Hemingways Casino.

South African Casino Shareholders in Trouble

International News Brief: The Black Economic Empowerment shareholders of South Africa’s Hemingways Casino are in financial trouble after a leading bank called up its loans.

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