GAMING FOR AFRICA Caesars Sells African Casinos
Caesars Entertainment has sold its African and European casino businesses to Silver Point Capital’s investment company Metropolitan Gaming in a deal believed to be worth £15-million plus carrying the company’s pension fund. It is understood from sources within the
company that the Egyptian casinos, Caesars Cairo and the Kings & Queens Cairo and Ramses Cairo and that in South Africa, the Emerald Resort and Casino have been sold off to local operators. The total deal comprises 11 casinos in total with 4 in Africa and 7 in Europe. At present there has been no clarification on
whether the deal to acquire all Caesars EMEA venues includes retaining the brand name. Silver Point plans to provide investment and
strategic support to the business and work to develop Metropolitan as a leading brand in the
luxury and premium gaming sectors, Metropolitan said. “We are very excited about the opportunity to
acquire a number of historic and high-end casinos in the United Kingdom. The acquisition fits well with Silver Point’s focus on investing in high-quality businesses at opportune times,” said Edward Mulé, Founding Partner of Silver Point. Metropolitan Gaming also announced that
former Mohegan Gaming COO Michael Silberling, has been appointed as CEO.
“I am excited to join the amazing team at
Metropolitan Gaming. The world, the global economy, and the hospitality industry have been rocked by the COVID-19 pandemic, but I believe that this team is well positioned to lead a strong rebound of this business, benefitting from their experience and expertise, and a partner that is committed to invest.” Regarding future plans, Silberling describes
Metropolitan Gaming as focused on job creation and investment as the company partners with employees, regulators and the community “to create a safe, fun and memorable experience” for customers. Metropolitan Gaming Holdco Limited is a new
gaming entity, created on July 12 by the combination of Silver Point Capital and Lancer Capital Management, both U.S. based private equity companies.
Windmill Casino Warms Winter Hearts
During the cold front that gripped South Africa, the team at Windmill Casino in Bloemfontein set out to warm hearts and bellies by donating 80 boxes of food, clothes, toys and blankets to various organisations. Each box contained enough non-perishable food to
provide 216 meals. “The need this year has been amplified by the
Pragmatic Play Expands East Africa Footprint with Rahisibet Deal
Pragmatic Play, a leading content provider to the iGaming industry, has further grown its footprint in Africa following a multi-product agreement with Burundi’s Rahisibet. The East African operator will now have access to
Pragmatic Play’s collection of engaging slot products, including recent hit Empty the Bank, the popular John Hunter series and the multi-award- winning Wolf Gold. Alongside this, Rahisibet customers will be able
to enjoy the provider’s leading Live Casino and Virtual Sports products. This marks yet more growth for the supplier, with the brand gaining exposure across the African continent through its high- powered, multi-product portfolio. Yossi Barzely, Chief Business Development Officer at Pragmatic Play, said: “Our focus on
growing in Africa is unwavering and we’re delighted to announce this important deal. Expansion across this continent continues to open up exciting opportunities and we’re very eager to bring our products to Rahisibet customers.” Dishon Mbogo, Chief Executive Officer at
Rahisibet, said: “Rahisibet is pleased to announce an exciting new partnership with Pragmatic Play, one of the leading providers in the igaming space. We’re thrilled to bring online casino to the East African market and seize this tremendous opportunity to increase our reach while also bolstering acquisition and improving retention.” Currently producing up to five new slot titles a
month, Pragmatic Play also delivers Live Casino and Bingo games as part of its multi-product portfolio, available through one single API.
SEPTEMBER 2021 25
devastating effect of the COVID-19 pandemic and the bitterly cold weather. Now, more than ever, we had to do what we could to make a difference. We would ordinarily have packed food for our 67 minutes on Mandela Day, but with the casino closed (under level 4 regulations), we donated R50 000 to Rise Against Hunger to do the packing on our behalf,” said Marie Fitzmaurice, Windmill’s safety, health and environment manager. Windmill Casino reopened on Monday when the country moved to adjusted Level 3 of lockdown.
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