CASINO SOUTH AFRICA Sun International closes Swaziland casino 11 months ago Iwo Bulski Post Views: 661 Leading South Africa casino operator Sun International has closed its Swaziland casino, it is reported in Gaming for Africa. The group reported a US$475,104 loss for the half-year that it says has led ot it placing its Eswatini (Swaziland) operation into liquidation. Sun says that the travel and leisure sector is showing signs of slight recovery, but curfew hours, restrictions on the serving of alcohol and limited demand from the international business and leisure travel into South Africa has prevented a meaningful recovery. The group’s casino income rose by 53 per cent to R2.3bn despite low footfall due to a lack of live entertainment and its resorts and hospitality operations rose by 21 per cent. Sports betting almost doubled in income. The company said, however, that it had been looking at ways to exit Eswatini for five years but had been waiting for final regulatory approval to sell its 51 per cent stake in Swazispa. Swazispa, unable to raise extra funding, had been unable to pay creditors, forcing it into liquidation. Source: inetrgameonline.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: casino, Eswatini, South Africa Continue Reading Previous NOVOMATIC features NOVO LINE CASH CONNECTION ™ edition-2Next SA Regulators has warned Binance is not authorized to provide Financial Service More Stories CASINO WORLD NEWS Top actors who play in online casino games 2 days ago Samuel EXPERTS SOUTH AFRICA BMM South Africa gets licensed to provide compliance testing services in Tanzania 3 days ago Iwo Bulski EXPERTS SOUTH AFRICA GLI Africa expands service offering 3 days ago Samuel EXPERTS SOUTH AFRICA Illegal slots seized, destroyed in raids 5 days ago Iwo Bulski CASINO Why do people love slot machines? 2 weeks ago Samuel ONLINE SOUTH AFRICA Africa Records a High Number of Gamers 2 weeks ago Iwo Bulski BETTING SOUTH AFRICA South African start-up wagers on peer-to-peer betting 3 weeks ago Szarlot ONLINE SOUTH AFRICA How gambling has evolved world-wide 3 weeks ago Iwo Bulski ONLINE SOUTH AFRICA Online slots go live in South Africa 4 weeks ago Iwo Bulski LOTTERIES SOUTH AFRICA Top Lottery Exec to Face New Corruption Inquiry 4 weeks ago Szarlot ONLINE SOUTH AFRICA South Africa Plans To Regulate Cryptocurrencies 1 month ago Szarlot CASINO GAMES Top reasons to play online slot machines. 1 month ago Fahad Luyzburg 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.