CASINO Wild Coast Sun gambling license uncertain 2 weeks ago Iwo Bulski Post Views: 245 By Wednesday it may be illegal for gambling to continue at the Wild Coast Sun, one of South Africa’s oldest casinos – but the regulator responsible for the situation won’t say. The 10-year gambling licence for the resort, owned by Sun International, expired in August 2019. For the past two years the Eastern Cape Gambling Board has granted temporary extensions that allowed it to keep operating. The latest such extension, Sun International told investors this week, runs until 31 August. What happens then? “We are in final discussion with the Eastern Cape Gambling Board who have confirmed that we have met all bid requirements. Consequently we anticipate that the licence will be issued to us on 31 August 2021.” But by mid-day, that gambling board wasn’t answering questions. On Monday it promised to do so on Tuesday, but on Tuesday would say only it planned to issue a statement later in the day. Though it is often marketed as part of a Wild Coast route that falls mostly within KwaZulu-Natal, and is closest to the KwaZulu-Natal town of Port Edward which benefits economically from its proximity, the Wild Coast Sun is just on the Eastern Cape side of the border between the two provinces. In public hearings shortly before the 10-year licence expired in 2019, representatives from surrounding communities complained that residents and institutions from KwaZulu-Natal benefited more from the casino than did those from the Eastern Cape. Sun International has been expecting a 20-year licence, which proponents argue will allow for greater investment into its operation in a part of the country heavily dependent on tourism – and a destination anchor such as the large Wild Coast resort. The company has assured investors that it is actively lobbying within the regulatory environment, but has had little to say publicly about the delays in the licence. Source: businessinsider.co.za 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: license, South Africa, WildCoast Casino Continue Reading Previous Greentube Partners With The First License Ukrainian Casino And BookmakerNext Sun International reports 51% revenue growth More Stories CASINO HOT NEWS MAURITIUS Mauritius Casinos Shelves Voluntary Retirement Plan 4 days ago Adeleye Awakan CASINO Playing Live Blackjack Versus Online Blackjack 4 days ago Szarlot CASINO HOT NEWS Is Gambling safe with Cryptocurrencies? 5 days ago Fahad Luyzburg CASINO ONLINE How to Play Video Poker 5 days ago Iwo Bulski CASINO WORLD NEWS Greentube has partnered with German operator Jokerstar 5 days ago Iwo Bulski CASINO SOUTH AFRICA SA government yet to budge on Online Casino Laws 5 days ago Szarlot CASINO SOUTH AFRICA Sun International closes Swaziland casino 2 weeks ago Iwo Bulski CASINO WORLD NEWS NOVOMATIC features NOVO LINE CASH CONNECTION ™ edition-2 2 weeks ago Iwo Bulski CASINO TANZANIA Casino Tax Lowered in Tanzania to 15% 2 weeks ago Adeleye Awakan CASINO SOUTH AFRICA Sun International reports 51% revenue growth 2 weeks ago Samuel CASINO WORLD NEWS Greentube Partners With The First License Ukrainian Casino And Bookmaker 4 weeks ago Iwo Bulski CASINO KENYA How Is Africa’s Relationship With Gambling 4 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. This site uses Akismet to reduce spam. Learn how your comment data is processed.