Africa News - Page 9

International News Brief: Grand Casino, a $2 million investment will start operations on April 15 after getting a nod from the finance ministry, making it the second casino after Kampala Casino.

International News Brief: Finance and Economic Development spokesperson Barry Morkel says that the North West Tender Board had imposed conditions of licenses for five casinos in Pretoria as part of promoting the broad based Black Economic Empowerment.

International News Brief: Several men firing AK-47s stormed into Gold Reef City Casino and got away with R1.2-million in a daring predawn raid.

International News Brief: A new gambling house in Uganda, Casino Grande Ltd, has petitioned the High Court to order the Government to licence it in a gaming and pool betting business.

International News Brief: South Africans gambled away R8.2-billionin the 12 months between March 2003 and March 2004, 89% of it going to casinos.

International News Brief: The multimillion-rand Sibaya Casino reported a bumper opening month, with more than 500 000 visitors passing through Durban's latest tourism spot.

International News Brief: One of the areas affected by the 2005 Finance law is gambling and entertainment.

Caesars Entertainment Inc., the world's largest casino company, has agreed to sell its 25 percent of a South African casino to Peermont Global Ltd. for $145 million.

International News Brief: The Casino Control Board's 2004 annual report shows that local casinos earned a gross revenue of P81 million last year.

International News Brief: Casino Grande Uganda Limited will be licensed after the Casino and Gaming Bill 2004 is enacted, the finance ministry has said.

International News Brief: Sun International has reported strong trading results for the first part of its 2005 financial year.

nternational News Brief: A leading South African Indian businessman, working to set up a casino resort in India on the lines of the one at Las Vegas, is hoping his venture will get the green signal.

International News Brief: Sun International has consolidated its leading position in South Africa's casino industry, and is now ready to pursue regional and international opportunities in the gaming, hotel and resort sectors, according to CEO Peter Bacon.

International News Brief: Gambling in South Africa has made a few people wealthier and left most casino visitors worse off. It's the casino operators who've really hit the jackpot.

International News Brief: Tsogo Sun's Suncoast Casino fared well over the holiday season, despite a staff strike that lasted almost a month.

International News Brief: The South African government has published the National Gambling Bill, which deals with online gambling, among other issues.

International News Brief: The winner of the biggest ever jackpot in Gabonese gambling has lost the right to claim his 91 million CFA franc (US$171,000) haul after his wife washed the winning ticket.

International News Brief: South Africans gambled away R8.2 billion over the past year, mainly at casino tables and slot machines, according to the National Gambling Board.

International News Brief: South Africa’s National Lottery has created 373 millionaires since its launch in 2000, National Lotteries Board figures show.

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.