Tsogo Sun Expands Casinos in Hopes for Better Economic Times
South African hotel and casino operator Tsogo Sun was expanding a few of its biggest casino properties in the united states while double down casino poker awaiting for better financial times in the future, CEO Marcel Von Aulock stated in a Friday meeting for Bloomberg.
In 2010, Southern Africa is expected to report its worst growth that is economic since 2009. Nonetheless, Tsogo Sun could keep on investing in the expansion of its major casino properties around the world. As an example, the quantity of R2 billion is usually to be allocated to the addition of more space and gambling options at Suncoast Casino and Entertainment World.
South Africa is Tsogo Sun’s core market. The organization play double down casino as a guest runs both gambling enterprises and accommodations across the nation. 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 rival that is african International, Tsogo Sun isn’t trying to expand casino operations away from country. The company has casinos in other southern African countries but its casino company will stay focused on the South market that is african. Tsogo Sun holds a 40% share in its gambling that double down casino bonus codes is domestic market.
Mr. Von Aulock pointed out that the main reason it is not enthusiastic about expanding casino operations in other markets could be the not enough experience and better understanding of regulations and gambling customers in other jurisdictions.