Popular restaurant group collapses

Sunbet was the stand-out with a 71.8% rise in income to 512 million rand. Sun International, which achieved mixed results across its segments, said in a statement its urban casino income — its biggest revenue generator — was flat at 3.3 billion rand. ‘A drastic drop in consumer spending fuelled by the current cost of living and interest rate environment, coupled with increases in labour and operational costs have all had too great of a compounding impact on our business,’ he said.

Meanwhile, the Queensland government has been accused of helping block the release of a probity report into company Chow Tai Fook Enterprises’ suitability to operate the Queen’s Wharf casino, days before its opening. If you beloved this short article and you would like to obtain much more facts regarding สล็อตเครดิตฟรี kindly take a look at our own web site. JOHANNESBURG, Sept 9(Reuters) — Sun International reported a 9.1% rise in first-half earnings on Monday, as record growth in the South African casino and hotel group’s betting business helped drive its income. The owner of the Sun City resort and Maslow Sandton and Table Bay high-end hotels said adjusted headline earnings per share — its main profit measure — rose to 2.15 rand ($0.1201) in the six months to June 30, from 1.97 rand a year earlier.

«The gaming industry is experiencing dynamic changes and Sun International, through Sunbet, will continue leveraging its strong brand and market presence to expand our customer base and enter new online markets across Africa,» Sun International said.

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