Tsogo Sun Expands Casinos in Hopes for Better Economic Times
South African double down casino poker resort and casino operator Tsogo Sun was expanding some of its casino properties that are largest around the world while awaiting for better economic times to come, CEO Marcel Von Aulock stated in a Friday interview for Bloomberg.
This year, South Africa is anticipated to report its worst economic development figures since 2009. Nonetheless, Tsogo Sun will keep on buying the expansion of its major casino properties around the world. As an example, the quantity of R2 billion will be spent on the addition of more gambling and space options at Suncoast Casino and Entertainment World.
South Africa is Tsogo Sun’s core market. The company runs both casinos and resort hotels round the double down casino 5 million free chips country. Even though South Africa happens to be experiencing harsh economic times, the resort and casino operator has were able to upload a 6% growth in video gaming wins and a 9% upsurge in income at local gambling enterprises for the financial year ended March 31, 2016.
Unlike its biggest South rival that is african International, Tsogo Sun is not seeking to expand casino operations beyond your nation. The company has gambling enterprises in other southern African countries but its casino company will stay dedicated to the South market that is african. Tsogo Sun holds a 40% share in its gambling that is domestic market.
Mr. Von Aulock pointed out double down casino app that the main reason it is perhaps not thinking about expanding casino operations in other markets may be the lack of experience and better familiarity with laws and gambling customers in other jurisdictions. (več …)