Tsogo Sun Expands Casinos in Hopes for Better Economic Times
South African resort and casino operator Tsogo Sun is expanding a few of its largest casino properties in the united states while awaiting for better financial times in the future, CEO Marcel Von Aulock stated in a Friday interview for Bloomberg.
This season, Southern Africa is anticipated to report its worst growth that is economic since 2009. However, Tsogo double down casino games Sun could keep on investing in the expansion of its major casino properties in the united states play double down casino as a guest. For instance, the total amount of R2 billion is to be spent on the addition of more gambling and space options at Suncoast Casino and Entertainment World.
Southern Africa is Tsogo Sun’s core market. The company operates both casinos and hotels round the country. The hotel and casino operator has managed to post a 6% growth in gaming wins and a 9% increase in revenue at local casinos for the fiscal year ended March 31, 2016 despite the fact that South Africa has been experiencing harsh economic times.
Unlike its biggest South African rival Sun International, Tsogo Sun isn’t trying to expand casino operations outside the nation. The organization owns gambling enterprises in other southern African countries but its casino company will stay centered on the South African market. Tsogo Sun holds a 40% share in its gambling that is domestic market.
Mr. Von Aulock pointed out that the main reason it is perhaps not enthusiastic about expanding casino operations in other markets may be the online-slots-reviews.com double down casino bonus codes not enough experience and better familiarity with regulations and gambling customers in other jurisdictions. Sigue leyendo