Gauteng | World Casino News

Positive growth predictions for South African gaming market

November 17, 2017

Latest Casino and Gambling News, South Africa, Economy/Finance

The gaming market in South Africa is reportedly expected to bring in annual aggregated gross revenues of at least ZAR35 billion ($2.49 billion) by 2021 and contribute total taxes every year of around ZAR3.5 bil...

South Africa casino licence expansion draws criticism

Adam Morgan

June 15, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, Casino proposals, South Africa, Licenses

In South Africa, a decision by Trade And Industry Minister Rob Davies to award a new casino licence to the province of North West has angered operators and could be challenged in court. According to a report...

Sun International drops Peermont Group acquisition

Lars Jones

April 8, 2016

Latest Casino and Gambling News, South Africa, Economy/Finance, Mergers, Acquisitions & Partnerships

Wednesday South Africa’s Sun International (JSE: SUI) announced that it planned to halt its R9.5 billion ($623 million) plan to take over rival Peermont Group. South Africa’s Competition Commission recommended ...

Casinos in Gauteng, South Africa could end up paying higher taxes very soon

Renee Kingsley

March 14, 2016

Gaming Law & Legislation, South Africa, Economy/Finance, African Casino News, Taxation

Casinos in Gauteng, South Africa have been subjected to paying the government just 9 percent in gaming taxes for close to a decade. They were informed last week that their tax rates could be significantly highe...