Reports AFRICA - BOTSWANA
Market Statistics: Botswana Lottery Permitted but not set up
Sports Betting Permitted Online: Not permitted 8
No. Casinos: Casino tables:
Casino slots: 600 40
Casino revenue: P208m
“With the advent of urban casinos in SA they will not return to the kind of market they used to have, given they do not enjoy critical mass and given the size and scale of the economies involved. Strategically in terms of our casino growth strategy, we’re focusing on South Africa and Latin America.
that they used to have. Tose casinos were built in an era when gambling in SA was illegal so they were mainly frequented by South Africans. “With the advent of urban casinos in SA they
will not return to the kind of market they used to have, given they do not enjoy critical mass and given the size and scale of the economies involved. Strategically in terms of our casino growth strategy, we’re focusing on South Africa and Latin America. “Te Minor Group has a hotel strategy and
they see opportunities in these locations. Tey continue to be a partner we work with and will continue to do so where opportunities might arise.”
Meanwhile Peermont owns or manages 13
properties in South Africa, Malawi and Botswana. In Botswana they own and manage Te Grand Palm Hotel Casino and Convention Resort, the Gaborone International Convention Centre and Mondior Hotel in Gaborone, the Metcourt Hotel and the Sedibend Casino. Te Sedibeng Casino offers 50 slots and is due
to be moved to its new home within the Metcourt Francistown Hotel, whilst the Grand Palm Casino and Convention Resort has 150 slots and 16 tables plus a total of 336 rooms in total. Peermont also operated the Syringa Casino
but this closed in 2014 and Peermont is now looking to relocate in the area. Peermont group saw total revenues in 2015 of
R3.4bn a rise of 5.3 percent from the year previously. Some of this was attributed to the opening of the Taba Moshate Resort in Burgersfort, South Africa last year. Peermont Group’s Julie Van Wyk, Group
Public Relations Manager said: “Te past year has been relatively challenging in line with the
P88 NEWSWIRE / INTERACTIVE /
247.COM
SUN REVENUES FOR JOINT VENTURES LAST YEAR. (MILLIONS) CASINO
GPI Slots
Avani Victoria Falls & Royal Livingston, Zambia Avani Gaborone, Botswana Avani Windhoek, Namibia
Royal Swazi and Ezulwini Sun (Swaziland) Other
BOTSWANA CASINOS CASINOS
Gaborone Sun Marang
Menateng Sedibeng
Grand Palm Kings (Cumberland
Hotel), Lobatse Teemane
Moonlite
(Gabarone Hotel) TOTAL
OPERATOR Minor Group Minor Group Minor Group Peermont Peermont
African Leisure International
Gaming Africa Independent
(Bipin Aswathi) 600/40
economy in Botswana. We are confident that our superior offering at all our Botswana properties will ensure that we prevail.” Last year Sun International was all set to
acquire Peermont for a proposed R9.4bn. In December shortly after the Competition Commission prohibited the deal Sun lapsed the deal with Peermont at the end of March and the acquisition plans have been scrapped. Te commission was barring the deal because
P208m
in the Gauteng region Peermont owns Emperors Palace and Sun owns Morula Sun – part of the agreement involved the owner of Emperors Palace dropping a court case challenging Sun’s application to move Morula casino from Mabopane to Menlyn in Tshwane. Meanwhile International Gaming Africa
operates the Teemane Casino in Botswana and a second casino (Royale Casino Lusaka) in Zambia and is due to open a third (Palms Casino).
REVENUE R468
R237 R208 R146 R173 R164
P70m
EBITDA R190
R55 R52 R36 R8
R50
SLOTS/TABLES REVENUES 2012 135/10 50/0 50/0 50/ 0
150/16 50/8
50/3 61/3
P96m
P1m P4m
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