“The gaming industry is experiencing dynamic changes and Sun International, through Sunbet, will continue leveraging its strong brand and market presence to expand our customer base and enter new online markets across Africa,” Sun International said. The Sydney licence had first been suspended when an inquiry found damning evidence of anti-money laundering and counter-terrorism failings, although it has been allowed to keep the casino operating with a regulator-appointed manager.
The owner of the Sun City resort and Maslow Sandton and Table Bay high-end hotels said adjusted headline earnings per share – its main profit measure – rose to 2.15 rand ($0.1201) in the six months to June 30, from 1. Should you liked this short article and also you would like to be given more information about BK8 i implore you to stop by our web page. 97 rand a year earlier. “The notice relates to four significant breaches detailed in the second Bell Report, including one that resulted in a cash fraud against The Star, a failure to run source of wealth checks on hundreds of members flagged as high risk, and fraudulent guest welfare entries that put already vulnerable customers at higher risk of harm,” the commission said in a statement.
Sunbet was the stand-out with a 71.8% rise in income to 512 million rand. Sun International, which achieved mixed results across its segments, said in a statement its urban casino income – its biggest revenue generator – was flat at 3.3 billion rand. JOHANNESBURG, Sept 9(Reuters) – Sun International reported a 9.1% rise in first-half earnings on Monday, as record growth in the South African casino and hotel group’s betting business helped drive its income.