CASINO SOUTH AFRICA South Africa’s Tsogo Sun Gaming’s earnings hit by higher finance costs 5 years ago Iwo Bulski Post Views: 813 South African casino operator Tsogo Sun Gaming reported lower adjusted headline earnings per share on Thursday, hurt by higher finance costs. Adjusted headline earnings per share was 68.4 cents for the six months ended Sept. 30, compared to 78.8 cents last year. Tsogo Sun Gaming said it has been focusing on cutting costs and improving operational efficiency at its head office and casinos, and the actions will be bear fruit in the next financial year. “With the further focus of appropriate and reduced capital expenditure spend, the group intends to reduce debt levels in the next financial year,” – the company said. First-half total income rose 5% to 6 billion rand ($406.39 million) from growth in its gaming, food and hotel room businesses. Tsogo Sun Hotels, which was spun out from Tsogo Sun earlier this year, reported first-half headline earnings per share of 5.2 cents in a separate announcement. Headline EPS is the main profit measure in South Africa and strips out certain one-off items. Source: reuters.com About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: South Africa, Tsogo Sun Continue Reading Previous All bets are off at illegal casinoNext Youth held for betting in South Africa’s Mzansi Super League More Stories ONLINE SOUTH AFRICA South Africa’s Online Gambling Industry Sees Major Developments in 2025 3 days ago Samuel ONLINE SOUTH AFRICA NowNow Gaming partners with Hinterzimmer to deliver content across Africa 6 days ago Samuel EXPERTS SOUTH AFRICA How technology is shaping the future of online casino regulation in South Africa 1 week ago Samuel CASINO WORLD NEWS Novomatic praises ICE as an ‘outstanding success’ 1 week ago Samuel ONLINE SOUTH AFRICA Tom Horn Gaming partners with Aardvark Technologies to expand into South Africa 1 week ago Samuel LOTTERIES SOUTH AFRICA Two South African players win life-changing jackpots in Lotto Plus draws 2 weeks ago Samuel LOTTERIES SOUTH AFRICA Former Lottery Boss Is Fighting To Keep The Proceeds Of His Crime 2 weeks ago Szarlot EXPERTS HOT NEWS SOUTH AFRICA Online gambling crackdown in South Africa 2 weeks ago Samuel EXPERTS SOUTH AFRICA The Battle Over Online Gambling Regulations Heats Up Globally 2 weeks ago Szarlot ONLINE SOUTH AFRICA How South Africa Will Lead Online Casino Trends In Africa In 2025 2 weeks ago Samuel EXPERTS SOUTH AFRICA Compulsive gambling, addiction under spotlight 3 weeks ago Samuel ONLINE SOUTH AFRICA From casinos to smartphones – the big shift in South Africa’s gambling market 3 weeks ago Szarlot Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.