South Africa’s leading casino operator, Tsogo SunGaming, reported a 57 percent increase in revenue for the first quarter published several days ago.
Sales reached ZAR 8.9 billion (EUR 530.9 million) and operating profit reached ZAR 2.7 billion (EUR 161 million). The company’s hotels have faced a backlash since withdrawing from the Tsogu Sun Holdings group in 2019.
Currently, the hotel division is being renamed from Zogo Sun Hotels to the former Southern Sun.
Casino segment performance remains impacted by pandemic precautions and has yet to return to pre-Covid levels.
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