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Africa News - Page 6

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Gold Reef City Casino Invests in Expansion

International News Brief: Gold Reef City Casino will be investing R240-million in a 17-month development and refurbishment programme that will see the casino add a range of new facilities to its premises, as well as revamp the look and feel of existing interiors.

Gold Reef Buys Larger Stake in Silverstar

nternational News Brief: Gold Reef Resorts and its empowerment partner Akani Leisure Investments have exercised their option to up their stake in Silverstar, the sixth and last casino licence in Gauteng, South Africa.

Problem Gambling Down Two Percent: Survey

International News Brief: The number of people with a gambling problem in South Africa has dropped in the past two years, a recent study has found.

African School Built by Brings Community Together

Before it is even open, the school in Malawi built by, is already an important community centre.

South Africa Casino Scrutinized for Laundering

International News Brief: South Africa's Financial Intelligence Centre will be closely scrutinising the country's gambling sector and estate agents to guard against money laundering, the finance minister said on Monday.

Casino Cites Financial Benefits in Bid to Woo Anti-Gambling Bishop

International News Brief: A giant gambling company is attempting to win over a Church of England bishop who is strongly opposed to plans for a Las Vegas-style super-casino.

Gaming Regulators African Forum Appoints Chairperson

International News Brief: Chairperson of the Casino Control Board of Botswana Lekwalo Mosienyane has been appointed chairperson of the Gaming Regulators African Forum.

Namibia Plans End to Gambling License Moratorium

International News Brief: The Namibian government also plans to lift a moratorium on new gambling licences, which has been in place for nearly ten years in the coming months.

Sun International Offer Deemed Unacceptable

International News Brief: Real Africa Holdings Ltd. said on Wednesday a 2.2 million rand cash offer to acquire it by South Africa's top casino operator, Sun International, undervalued it and was unacceptable.

South African Casino Revenues Up

International News Brief: Revenue at the Boardwalk casino complex on the Port Elizabeth beachfront increased by 15% for the half year ended on December 31.

Kalahari Sands Transfers Shares

The Kalahari Sands Hotel reports the transfer of 7% of the shares of Sun International holdings to previously disadvantaged people in a deal that now allows the employees of the hotel and casino to participate in the scheme.

Namibia Sands Improves to Satisfy Customers

International News Brief: The Kalahari Sands Hotel, an establishment under the Sun International Group, has officially opened its N$13,5 million refurbishment to guests.

Suncoast, Local Government Locked in Battle

International News Brief: Suncoast Casino and the eThekwini Municipality are locked in a legal battle about plans by the casino to cut back on promised investment on its prime Du

South African Gambling Tax Revenue Up

International News Brief: A recent study shows that the South African gaming industry paid R1,7-billion in taxes into state coffers in 2003/4.

Rags to Riches in South Africa

International News Brief: A chance stop at Suncoast Entertainment World in Durban proved to be rewarding for a Cape Town man who was down on his luck.

South Africa May Legalize Online Gambling

International News Brief: Online gambling will become legal in South Africa if trade & industry minister Mandisi Mpahlwa accepts the recommendations of the national gambling board.

Century Casinos to Expand Caledon Casino

In time for the busy Christmas holiday season, Century Casinos has opened an expansion of its South African property, The Caledon Casino, Hotel & Spa.

HCI Acquisition Needs More Approvals

International News Brief: Although Hosken Consolidated Investments has obtained control of gaming rival Johnnic, it has yet to obtain stamps of approval from various gambling board

Football Betting Craze Hits Zimbabwe

International News Brief: A new gambling craze has hit Zimbabwe, with the recent launch of a football betting service called ZimBet.

Official: Botswana Casino Act Lacks Restrictions

International News Brief: The Chairman of the Botswana Casino Control Board, Lekwalo Mosienyane has said the Casino Act does not have restrictions on casino advertisement nor restrictions on the time casinos may remain open.

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