Tsogo Sun Expands Casinos in Hopes for Better Economic Times
South African hotel and casino operator Tsogo Sun is expanding some of its largest casino properties around the world while awaiting for better financial times to come, CEO Marcel Von Aulock said in a Friday meeting for Bloomberg.
In 2010, Southern Africa is anticipated to report its worst growth that is economic since 2009. Nonetheless, Tsogo Sun could keep on purchasing play free double down casino the expansion of its major casino properties in the united states. As an example, the amount of R2 billion will be allocated to the addition of more gambling and space options at Suncoast Casino and Entertainment double down casino hack World.
Southern Africa is Tsogo Sun’s core market. The company runs both gambling enterprises 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 just isn’t seeking to expand casino operations outside of the country. The company free double down casino promo codes has gambling enterprises in other southern African countries but its casino company will continue to be focused on the South African market. Tsogo Sun holds a 40% share in its domestic gambling market.
Mr. Von Aulock noticed that the main reason it is not thinking about expanding casino operations in other areas could be the not enough experience and better knowledge of laws and gambling clients in other jurisdictions.