Tsogo Sun Expands Casinos in Hopes for Better Economic Times
South African resort and casino operator Tsogo Sun has been expanding a number of its biggest casino properties in the united states while awaiting for better financial times to come, CEO Marcel Von Aulock stated in a Friday meeting for Bloomberg.
This present year, South Africa is anticipated to report its worst economic development figures since 2009. Nonetheless, Tsogo Sun will free chips double down casino cheats keep on purchasing the expansion of its major casino properties around the world. For instance, the quantity of R2 billion is usually to be allocated to the addition of more gambling and space options at Suncoast Casino and Entertainment World.
South Africa is Tsogo Sun’s core market. The company operates both gambling enterprises and resorts round the country. The hotel and casino operator has managed to post a 6% growth in gaming wins and a 9% increase in revenue at local casinos for the fiscal year ended March 31, 2016 despite the fact that South Africa has been double down casino slots free download experiencing harsh economic times.
Unlike its biggest South rival that is african International, Tsogo Sun isn’t looking to expand casino operations outside of the nation. The business owns casinos in other southern African nations but its casino business double down casino download will stay focused on the South market that is african. Tsogo Sun holds a 40% share in its domestic gambling market.
Mr. Von Aulock noticed that the main reason it is perhaps not interested in expanding casino operations in other areas is the lack of experience and better familiarity with laws and gambling clients in other jurisdictions. Continue reading…