| Century Casinos Africa (Pty) Ltd
Century Casinos, Inc., an international casino entertainment company founded in 1993 in the US State of Delaware, owns or operates 18 casinos in USA, Canada, South Africa, the Czech Republic, Poland and aboard cruise ships. Century Casinos has been listed on the NASDAQ Capital Market since 1994 and on the Prime Market of the Vienna Stock Exchange since 2005.
The company owns and/or operates Womacks Casino and Hotel in Cripple Creek, Colorado; Century Casino and Hotel near Denver, Colorado; Century Casino and Hotel in Edmonton, Canada; and Century Casino Millennium in Prague, Czech Republic.Through concession agreements, Century Casinos operates five casinos aboard the ultra-luxury Silver Cloud (a Silversea cruise vessel), the World of Residensea and the vessels of Oceania Cruises.
Through its Austrian subsidiary, Century Casinos Europe, Century Casinos holds a controlling 33.3% stake in Casinos Poland Ltd., the owner and operator of seven full casinos and one slot casino located in international four- and five-star hotels in Poland.
Through its subsidiary Century Casinos Africa (Pty) Limited, it owns and operates The Caledon Hotel, Spa and Casino near Cape Town, as well as 60% of the Century Casino Newcastle, in Newcastle, where it provides technical casino services. In December 2007, century Casinos paid an additional R 3.7 million towards the purchase of its 60% interest in the Newcastle property.The remaining R1.3 million was to be payable subject to the finalization of a SA Revenue Service tax audit pertaining to periods prior to the acquisition.
In September 2008, it was reported that Century Casinos had expressed a willingness to sell part or all of its South African casino interests after it received several verbal indications of interests by more than one party.The company announced that interested parties were being invited to submit their expressions of interest in writing to the board for consideration.
Gold Reef Resorts Ltd
Gold Reef Resorts Ltd's interests incorporate Akani Egoli (Pty) Limited, which operates Gold Reef City Casino and Theme Park,West Coast Leisure (Pty) Limited, which operates Mykonos Casino,Akani Msunduzi (Pty) Limited, which operates Golden Horse Casino, Garden Route Casino (Pty) Ltd, which operates the Garden Route Casino, and Goldfields Casino and Entertainment Centre (Pty) Ltd, which operates Goldfields Casino. During the year under review, Silverstar Casino (Pty) Ltd opened the Silverstar Casino on the West Rand, and Lukhanji Leisure (Pty) Ltd launched Queens Casino in the Eastern Cape.
London Clubs International
London Clubs International has casinos in the UK, Egypt, Lebanon and South Africa (Emerald Casino Resort).
In 2006, the company was acquired by US-based Harrah's, the world's largest casino owner and operator.
Peermont Global
Peermont Global was incorporated in May 1995 and changed its name from Global Resorts SA (Pty) Ltd to Peermont Global Limited in 2004. In April 2007, a BEE consortium led by the Mineworkers Investment Company (Pty) Ltd acquired all the issued share capital of Peermont in a transaction valued at R7.3-billion, resulting in 75% Black control of Peermont. thereby creating one of South Africa's largest Black-owned and controlled gaming companies.
Peermont is the holder of the second largest number of casino licences in South Africa, owning and operating a total of 14 properties - nine in South Africa and five in Botswana.Together, these properties offer 1 274 hotel rooms, 3 174 slot machines and 143 gaming tables. In addition to its flagship Emperors Palace Hotel, Casino and Convention Resort in Johannesburg, Peermont owns and manages the Graceland Hotel Casino and Country Club in Secunda, the Frontier Inn and Casino in Bethlehem, the Rio Casino Resort in Klerksdorp, the Tusk Mmabatho Casino in Mafikeng and the Khoroni Hotel, Casino and Convention Resort in Thohoyandou, Limpopo. In Botswana, the group operates the Grand Palm Hotel Casino and Convention Resort in Gaborone, the Sedibeng Casino in Francistown and the Syringa Casino in Selebi-Phikwe.
The Peermont board has approved the relocation of the Tusk Umfolozi Casino at Empangeni to the Richards Bay waterfront area, at a budgeted cost of R233 million. Construction is expected to commence in the first quarter of 2009, with the resort planned to open in the second quarter of 2010.
Sun International
Sun International was established in 1983 and listed on the Johannesburg Stock Exchange in 1985.The group's operations include resorts, luxury hotel products, and mass market casinos in 14 jurisdictions in South Africa, Zambia, Botswana, Namibia, Lesotho and Swaziland.
More than half of this portfolio has been developed in the last eleven years, with new projects underway in West Africa and South America. Every day, over 50 000 customers from over 50 countries visit a Sun International property.
Over a period of three decades, the group has invested more than R14 billion in new tourism infrastructure. It employs over 8 000 people, has indirectly created 50 000 new employment opportunities in the broader tourism industry, and it has been estimated that its business has a direct impact on the livelihood of more than 500 000 people in southern Africa.
Sun International has casino licenses in eight of South Africa's nine provinces.The group operates 21 casinos in southern Africa, including 13 of the 40 casino licences in South Africa.
The group is the leading casino operator in the southern hemisphere and enjoys a 44% share of the overall Gross Gaming Revenue (GGR) of the South African casino market.
During the year under review, the casino component of the Monticello Grand Casino and Entertainment World located to the south of Santiago in Chile was opened. In Nigeria, the Federal Palace Towers Hotel on Victoria Island, Lagos, has been under the group's management since October 2007.The terms of the gaming licence have been finalised with the Lagos State authorities and the enabling regulations are in the process of being approved by the State Legislature. The licence is expected to be issued shortly, following which the group will acquire a 49.5% equity interest in the business.
Tsogo Sun
Tsogo Sun Gaming is one of two companies owned by Tsogo Sun Holdings, the other being Southern Sun Hotels. Tsogo Sun Holdings has a shareholding split between Tsogo Investments (51%) and SABMiller (49%).
Tsogo Sun Gaming incorporates five casino properties: Montecasino in Johannesburg, Suncoast Casino and Entertainment World in Durban, Hemingways in East London, the Ridge Casino and Entertainment Resort in Witbank and the Emnotweni Casino in Nelspruit.
Johnnic has a 9.7% effective interest in Tsogo Sun and a 30% effective interest in Tsogo Sun KwaZulu- Natal through its holdings in gaming company Durban Add Ventures which owns and operates the Suncoast Casino and Entertainment World complex in Durban. |