Sun City hotel casino owner's profit jumps on big betting gains in South Africa
Monday 09 de September 2024 / 12:00
⏱ 1 min read
(Johannesburg).- Sun International opens new tab 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.
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 1.97 rand a year earlier.
Shares were trading 3.35% higher at 1014 GMT on the results.
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.
"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 group said expected interest rate cuts would lift its business outlook and create a more favourable operating environment in the medium to long term. It declared an interim dividend of 1.61 rand per share.
Categoría:Casino
Tags: Sin tags
País: South Africa
Región: EMEA
Event
SiGMA North America 2026
01 de September 2026
Evert Montero Analyzed Colombia's Gaming Regulation at SiGMA
(Mexico City) — Speaking at SiGMA North America 2026, FECOLJUEGOS President Evert Montero Cárdenas offered a deep dive into the regulatory shifts shaping the Latin American and North American markets. He highlighted the sustainability challenges ahead for Colombia's industry and the ongoing impact of technological innovation. A major highlight of the September 1-3 summit at Mexico City’s Centro Banamex was Montero's induction into the Hall of Game 2026.
Friday 11 Sep 2026 / 12:00
Sportradar highlights LATAM growth at SiGMA North America
(Mexico City, SoloAzar Exclusive).- Rodrigo Cambiaghi, Sales Executive Lead, Digital Advertising at Sportradar, highlighted the strategic importance of Mexico and the broader Latin American market during SiGMA North America 2026. Held from September 1–3 at Centro Banamex in Mexico City, the event brought together nearly 2,250 delegates and focused on artificial intelligence, innovation, public-private collaboration and the adaptation of global strategies to local market dynamics.
Friday 11 Sep 2026 / 12:00
AIEJA Highlights Success of SiGMA North America in Mexico
(Mexico City, SoloAzar Exclusive).- Dr. Miguel Ángel Ochoa Sánchez, Executive President of AIEJA, underscored the success of the inaugural SiGMA North America in Mexico, noting its crucial role in elevating the local gaming industry on the global stage. Speaking at the event—held September 1-3 at Mexico City's Centro Banamex—he also broke down key regulatory hurdles, strategies to combat illegal gambling, and emerging opportunities within the sector.
Wednesday 09 Sep 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
