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{{Short description|Entertainment company headquartered in South Africa}}
{{Use dmy dates|date=November 2022}}
{{EngvarB|date=September 2019}}
{{Infobox company
{{Infobox company
| name = Tsogo Sun Holdings Ltd
| name = Tsogo Sun
| logo = [[File:Tsogo Sun logo.png]]
| logo = Tsogo-Sun.jpg
| logo_size =
| logo_size =
| logo_alt =
| logo_alt =
| logo_caption =
| logo_caption =
| logo_padding =
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| image =
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| image_alt =
| image_alt =
| image_caption =
| image_caption =
| trading_name =
| trading_name =
| native_name =
| native_name =
| native_name_lang = <!-- Use ISO 639-1 code, e.g. "fr" for French. For multiple names in different languages, use {{lang|[code]|[name]}}. -->
| native_name_lang = <!-- Use ISO 639-1 code, e.g. "fr" for French. For multiple names in different languages, use {{lang|[code]|[name]}}. -->
| romanized_name =
| romanized_name =
| former_name =
| former_name =
| type =
| traded_as = TSG
| traded_as = TSH
| ISIN =
| industry = [[Hospitality]], Entertainment, Tourism
| ISIN =
| genre = <!-- Only used with media and publishing companies -->
| industry = [[Hospitality]], [[Entertainment]], [[Tourism]]
| fate =
| genre = <!-- Only used with media and publishing companies -->
| predecessor = <!-- or: | predecessors = -->
| fate =
| successor = Tsogo Sun
| predecessor = <!-- or: | predecessors = -->
| successor = <!-- or: | successors = -->
| foundation = 1995 <!-- [if known: {{start date|df=y|YYYY|MM|DD}} in] [city], [country] -->
| founder =
| foundation = 1969 <!-- [if known: {{start date|YYYY|MM|DD}} in] [city], [country] -->
| founder = <!-- or: | founders = -->
| defunct = <!-- {{end date|df=y|YYYY|MM|DD}} -->
| defunct = <!-- {{end date|YYYY|MM|DD}} -->
| location_city = Johannesburg
| location_city = Johannesburg
| location_country = South Africa
| location_country = South Africa
| coordinates =
| coordinates =
| locations = over 90 hotels, 14 casinos <!-- Number of locations -->
| locations = 15 Casinos, 16 Hotels, 24 Galaxy Bingo sites <!-- Number of locations -->
| area_served =
| area_served = South Africa
| key_people = [[Chris Du Toit]] ([[Chief executive officer|CEO]])
| key_people = Marcel von Aulock (CEO)<ref name=casino>{{cite news|last1=Lewis|first1=Anél|title=Tsogo Sun wants second Cape Town casino|url=http://www.iol.co.za/business/companies/tsogo-sun-wants-second-cape-town-casino-1.1611738|accessdate=27 November 2014|agency=[[Independent Newspapers]]|publisher=[[Independent Online (South Africa)|IOL]]|date=25 November 2013}}</ref>
| products =
| products =
| brands = Montecasino, Suncoast Casino, Gold Reef City Casino, Gold Reef City Theme Park, Silverstar Casino, Golden Horse Casino, The Ridge Casino, Emnotweni Casino, Blackrock Casino, Goldfields Casino, Mykonos Casino, the Caledon Casino, Garden Route Casino, Hemingways Casino, Palazzo Hotel, the Pivot Hotel Montecasino, Piazza Hotel Montecasino, Hotel Perte Montecasino, Gold Reef City Hotel, Gold Reef City Theme Park Hotel, Silverstar Hotel, Golden Horse Hotel, Suncoast Hotel, Suncoast Towers, Blackrock Hotel, Garden Route Hotel, The Caledon Hotel & Spa, The Ridge Hotel, The RidgePoint Hotel, Hemingways Hotel, playTSOGO, bet.co.za, The Marco Polo Gaming in Sandton, Oasis Casino, Galaxy Bingo, VSlots
| brands = Maia, Beverly Hills, 54 on Bath, Sandton Sun, Suncoast Towers, Palazzo, InterContinental Johannesburg O.R. Tambo Airport, InterContinental Johannesburg Sandton Towers, Southern Sun Hotels and Resorts, SunSquare, Garden Court, StayEasy and SUN1 (formerly known as Formula1 Hotels)
| production =
| production =
| services = hospitality, leisure, gaming and entertainment<ref>{{cite news|author1=Nicole Cassandra Naidoo|title=Participation essential for Tsogo Sun shareholders|url=http://www.cnbcafrica.com/news/southern-africa/2014/07/16/participation-essential-for-tsogo-sun-shareholders/|accessdate=26 November 2014|publisher=[[CNBC Africa]]|date=16 July 2014}}</ref>
| services = hospitality, leisure, gaming and entertainment<ref>{{cite news|author1=Nicole Cassandra Naidoo|title=Participation essential for Tsogo Sun shareholders|url=http://www.cnbcafrica.com/news/southern-africa/2014/07/16/participation-essential-for-tsogo-sun-shareholders/|accessdate=26 November 2014|publisher=[[CNBC Africa]]|date=16 July 2014|archive-date=4 March 2016|archive-url=https://web.archive.org/web/20160304102241/http://www.cnbcafrica.com/news/southern-africa/2014/07/16/participation-essential-for-tsogo-sun-shareholders/|url-status=dead}}</ref>
| revenue =
| revenue =
| operating_income =
| operating_income = [[South African rand|R]] 5.4 billion<ref>{{cite news|title=BRIEF-Tsogo Sun Holdings first-half EBITDAR falls 2 pct|url=http://www.reuters.com/article/2014/11/20/tsogosunholdings-brief-idUSFWN0T805D20141120|accessdate=27 November 2014|agency=[[Reuters]]|date=20 November 2014}}</ref><ref>{{cite news|author1=|title=Tsogo Sun H1 Adjusted HEPS Remains Unchanged|url=http://www.cnbcafrica.com/video/?bctid=3900999136001|accessdate=26 November 2014|publisher=[[CNBC Africa]]|date=20 November 2014}}</ref>
| net_income =
| net_income =
| aum = <!-- Only for financial-service companies -->
| aum = <!-- Only for financial-service companies -->
| assets =
| assets =
| equity =
| equity =
| owner = <!-- or: | owners = -->
| owner = <!-- or: | owners = -->
| members =
| members =
| num_employees =
| num_employees =
| parent =
| parent =
| divisions =
| divisions =
| subsid =
| subsid =
| website = [http://www.tsogosun.com tsogosun.com] <!-- {{URL|example.com}} -->
| website = [https://tsogosun.com tsogosun.com] <!-- {{URL|example.com}} -->
| footnotes =
| footnotes =
| intl = <!-- "true" or "yes" if company is international, otherwise omit -->
| intl = <!-- "true" or "yes" if company is international, otherwise omit -->
| bodystyle =
| bodystyle =
}}
}}


'''Tsogo Sun''' is a South African gaming, hotels and entertainment group. Tsogo Sun operates 15 casinos, 24 Galaxy Bingo sites, 1 Independent Site Operator Licence (ISO) as well as VSlots ("LPMs") Limited Pay-out Machines across nine provinces, including but not limited to Bet.co.za bookmaker licences, hotels, a Theme Park, theatres, movie cinemas, restaurants, bars and conference facilities.<ref name=":0">{{Cite web |title=Tsogo Sun to acquire betting platform Betcoza |url=https://www.businesslive.co.za/bd/companies/2020-08-07-tsogo-sun-to-acquire-betting-platform-betcoza/ |access-date=2022-07-25 |website=BusinessLIVE |language=en-ZA}}</ref><ref>{{Cite web|url=https://www.iol.co.za/business-report/companies/tsogo-sun-buys-vukani-galaxy-7186111|title=Tsogo Sun buys Vukani, Galaxy {{!}} IOL Business Report|website=iol.co.za|language=en|access-date=2019-09-27}}</ref><ref>{{Cite web|url=https://www.businesslive.co.za/bd/companies/retail-and-consumer/2018-11-21-tsogo-sun-boosted-by-gaming-alternatives/|title=Tsogo Sun boosted by gaming alternatives|website=BusinessLIVE|language=en-ZA|access-date=2019-09-27}}</ref>
'''Tsogo Sun''' is a South African hotel, gaming and entertainment group. As of June 2014, the group owns 92 hotels in [[Africa]], [[Seychelles]] and the [[Middle East]],<ref name=telegraph>{{cite news|last1=Thomas|first1=Nathalie|title=SABMiller sheds final remnant of former conglomerate days|url=http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/leisure/10951814/SABMiller-sheds-final-remnant-of-former-conglomerate-days.html|accessdate=26 November 2014|publisher=[[The Daily Telegraph]]|date=7 July 2014}}</ref><ref>{{cite news|author1=Rahul Odedra|title=South Africa's Tsogo Sun in talks to reenter Dubai market|url=http://www.arabianbusiness.com/south-africa-s-tsogo-sun-in-talks-reenter-dubai-market-551161.html|accessdate=27 November 2014|publisher=[[Arabian Business]]|date=21 May 2014}}</ref> 14 gaming and entertainment destinations and over 250 conferencing and banqueting facilities.<ref>{{cite news|last1=Bray|first1=Chad|title=SABMiller to Sell Stake in South African Hotel and Casino Group|url=http://dealbook.nytimes.com/2014/07/07/sabmiller-to-sell-stake-in-south-african-hotel-and-casino-group/|accessdate=26 November 2014|publisher=[[The New York Times]]|date=7 July 2014}}</ref><ref>{{cite news|last1=Hedley|first1=Nick|title=Tsogo Sun commits $100m for its African expansion|url=http://www.bdlive.co.za/business/transport/2013/04/25/tsogo-sun-commits-100m-for-its-african-expansion?crmid=crm4|accessdate=27 November 2014|agency=[[Business Day (South Africa)|Business Day]]|publisher=[[Times Media Group]]|date=25 April 2013}}</ref> It is the largest listed hotel and tourism company in [[South Africa]].<ref name=brand>{{cite news|last1=Esipisu|first1=Isaac|title=Top executive jobs at Tsogo Sun cut|url=http://www.cnbcafrica.com/news/southern-africa/2013/08/29/five-head-office-jobs-cut-in-tsogo-sun-management-shake-up/|accessdate=26 November 2014|agency=[[CNBC Africa]]|date=18 October 2013}}</ref><ref>{{cite news|title=SABMiller to sell Tsogo Sun stake|url=http://www.bbc.com/news/business-28194918|accessdate=26 November 2014|agency=[[BBC News Online]]|date=7 July 2014}}</ref><ref>{{cite news|last1=Shevel|first1=Adele|title=Government's belt tightening hits Tsogo Sun|url=http://www.timeslive.co.za/businesstimes/2014/11/22/government-s-belt-tightening-hits-tsogo-sun|accessdate=27 November 2014|publisher=[[Times LIVE|The Times (South Africa)]]|date=22 November 2014}}</ref>


Tsogo Sun means 'resurrection' or 'new life' – a term that mimics the daily rising of the sun in [[Setswana]].<ref name="brand"/>
Tsogo Sun means 'resurrection' or 'new life' – a term that mimics the daily rising of the sun in [[Setswana]].<ref name="brand">{{cite news|url=http://www.cnbcafrica.com/news/southern-africa/2013/08/29/five-head-office-jobs-cut-in-tsogo-sun-management-shake-up/|title=Top executive jobs at Tsogo Sun cut|last1=Esipisu|first1=Isaac|date=18 October 2013|accessdate=26 November 2014|agency=[[CNBC Africa]]|archive-date=24 March 2018|archive-url=https://web.archive.org/web/20180324041513/https://www.cnbcafrica.com/news/southern-africa/2013/08/29/five-head-office-jobs-cut-in-tsogo-sun-management-shake-up/|url-status=dead}}</ref>


== Ownership ==
== Ownership ==


Prior to 2011, Tsogo Sun Holdings owned and operated two divisions: Southern Sun Hotel Interests and Tsogo Sun Gaming. On 24 February 2011, Tsogo Sun Holdings concluded a merger with and reverse listing through Gold Reef Resorts.<ref>{{cite news|author1=Matthew Boyle|author2=Kamlesh Bhuckory|author3=Chris Spillane|title=SABMiller to Sell $1.09 Billion Stake in Tsogo Sun|url=http://www.bloomberg.com/news/2014-07-07/sabmiller-to-sell-1-09-billion-holding-in-tsogo-sun.html|accessdate=26 November 2014|agency=[[Bloomberg News]]|date=7 July 2014}}</ref> Tsogo Sun’s key institutional shareholder is Old Mutual Investment Group Limited (5.99%); 10.33% of shares held by top holders.<ref name=ft>{{cite web|title=Markets Data: Tsogo Sun Holdings Ltd|url=http://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=TSH:JNB|website=[[Financial Times]]|accessdate=26 November 2014}}</ref>
Prior to 2011, Tsogo Sun Holdings owned and operated two divisions: Southern Sun Hotel Interests and Tsogo Sun. On 24 February 2011, Tsogo Sun Holdings concluded a merger with and reverse listing through Gold Reef Resorts.<ref>{{cite news|author1=Matthew Boyle|author2=Kamlesh Bhuckory|author3=Chris Spillane|title=SABMiller to Sell $1.09 Billion Stake in Tsogo Sun|url=https://www.bloomberg.com/news/2014-07-07/sabmiller-to-sell-1-09-billion-holding-in-tsogo-sun.html|accessdate=26 November 2014|agency=[[Bloomberg News]]|date=7 July 2014}}</ref>


The group is one of the largest [[Johannesburg Stock Exchange]] listed companies in the hotel and tourism sector with a market capitalisation of [[South African rand|R]]30.8 billion.<ref>{{cite news|author1=Andreas Paleit|author2=Nick Wilson|title=SABMiller to sell out of African hotel and casino group Tsogo Sun|url=http://www.ft.com/intl/cms/s/0/de323086-059d-11e4-9baa-00144feab7de.html#axzz3L8RjkynG|accessdate=6 December 2014|publisher=[[Financial Times]]|date=7 July 2014}}</ref><ref>{{cite web|author1=Clementine Fletcher|title=SABMiller Mulls Options for $1.04 Billion Tsogo Sun Stake|url=http://www.bloomberg.com/news/2014-04-15/sabmiller-annual-beer-volume-meets-estimates-on-emerging-markets.html|website=[[Bloomberg.com]]|accessdate=14 December 2014|date=15 April 2014}}</ref>
The group was one of the largest [[Johannesburg Stock Exchange]] listed companies in the hotel and tourism sector with a market capitalisation of [[South African rand|R]]30.8&nbsp;billion.<ref>{{cite news|author1=Andreas Paleit|author2=Nick Wilson|title=SABMiller to sell out of African hotel and casino group Tsogo Sun|url=http://www.ft.com/intl/cms/s/0/de323086-059d-11e4-9baa-00144feab7de.html|accessdate=6 December 2014|work=[[Financial Times]]|date=7 July 2014}}</ref><ref>{{cite web|author1=Clementine Fletcher|title=SABMiller Mulls Options for $1.04 Billion Tsogo Sun Stake|url=https://www.bloomberg.com/news/2014-04-15/sabmiller-annual-beer-volume-meets-estimates-on-emerging-markets.html|publisher=[[Bloomberg L.P.]]|accessdate=14 December 2014|date=15 April 2014}}</ref> Since the unbundling<ref>{{Cite web|url=https://www.fin24.com/Companies/TravelAndLeisure/tsogo-sun-plans-hotel-listing-on-june-12-20190523|title=Tsogo Sun plans hotel listing on 12 June|date=2019-05-23|website=Fin24|access-date=2019-09-27}}</ref> of its business into separate hotels and gaming interests in June 2019, [[Southern Sun Hotel Group|Southern Sun]] and Tsogo Sun have been listed separately on the JSE. Tsogo Sun (TSG<ref>{{Cite web|url=https://markets.ft.com/data/equities/tearsheet/summary?s=TSG:JNB|title=Tsogo Sun Gaming Ltd, TSG:JNB summary – FT.com|website=markets.ft.com|access-date=2019-09-27}}</ref>) and Tsogo Sun Hotels (TGO<ref>{{Cite web|url=https://markets.ft.com/data/equities/tearsheet/summary?s=TGO:JNB|title=Tsogo Sun Hotels Ltd, TGO:JNB summary – FT.com|website=markets.ft.com|access-date=2019-09-27}}</ref> trading as Southern Sun) are both owned by [[Hosken Consolidated Investments]] (47%)<ref>{{cite web |title=Business Segments |url=https://www.hci.co.za/business-segments/ |website=www.hci.co.za |access-date=30 May 2023 |archive-url=https://web.archive.org/web/20211206054522/https://www.hci.co.za/business-segments/ |archive-date=2021-12-06 |language=en |date=7 January 2016 |url-status=live}}</ref> and public shares.<ref>{{Cite web|url=https://www.tsogosun.com/investors|title=Investors {{!}} Tsogo Sun Hotels|website=Tsogo Sun|language=en|access-date=2019-09-27}}</ref>


== History ==
== History ==
[[File:Palazzo Hotel Montecasino.jpg|thumb|Palazzo Hotel Montecasino, Fourways Johannesburg]]
The group was established in 1969, when hotelier [[Sol Kerzner]] founded the chain of [[Southern Sun Hotel Group|Southern Sun Hotels]] in partnership with [[South African Breweries]].<ref name="telegraph">{{cite news|url=https://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/leisure/10951814/SABMiller-sheds-final-remnant-of-former-conglomerate-days.html|title=SABMiller sheds final remnant of former conglomerate days|last1=Thomas|first1=Nathalie|date=7 July 2014|work=[[The Daily Telegraph]]|location=London|accessdate=26 November 2014}}</ref>


Prior to 1994, the group's gambling operations were limited to those hotels located in Apartheid-era bantustans, as gambling in the rest of South Africa was heavily restricted. When the new democratic government came to power, gambling was legalised, which enabled the group to add 14 gaming destinations to its portfolio.<ref name=sg>{{cite book|author1=David S. Fick|editor-first1=Stephen P.|editor-last1=Rule|editor2-first=Chris|editor-last2=Sibanyoni|title=The Social Impact of Gambling in South Africa: An Initial Assessment for the National Gambling Board|date=2000|publisher=HSRC Press|isbn=9780796919717|page=52|url=https://books.google.com/books?id=5yTlT6F5XAUC|access-date=26 November 2014}}</ref>
The group was established in 1969, when hotelier [[Sol Kerzner]] founded the chain of Southern Sun Hotels in partnership with [[South African Breweries]].<ref name=telegraph //>


Prior to 1994, the group’s operations were limited to hotels as gambling in South Africa was heavily restricted. When the new democratic government came to power, gambling was legalised, which enabled the group to add 14 gaming destinations to its portfolio.<ref name=sg>{{cite book|author1=David S. Fick|editor-first1=Stephen P.|editor-last1=Rule|editor2-first=Chris|editor-last2=Sibanyoni|title=The Social Impact of Gambling in South Africa: An Initial Assessment for the National Gambling Board|date=2000|publisher=HSRC Press|isbn=9780796919717|page=52|url=http://books.google.by/books?id=5yTlT6F5XAUC|accessdate=26 November 2014}}</ref>
Through a process of bid applications, the group acquired five casino licences: Emnotweni (Nelspruit), The Ridge, Hemingways, Montecasino and Suncoast.<ref>{{cite book|author1=AbdouMaliq Simone|editor1-last=Nuttall|editor1-first=Sarah|editor2-last=Mbembe|editor2-first=Achille|title=Johannesburg: The Elusive Metropolis|date=2008|publisher=Duke University Press|isbn=9780822381211|url=https://books.google.com/books?id=hNONyzwm420C|access-date=26 November 2014}}</ref>


Two additional casinos, The Caledon and Blackrock (formerly known as Century Casino), were added to the group's portfolio in 2009 by acquiring Century Resorts Limited and Winlen Casino Operators (Pty) Limited. Subsequently, a further seven casinos were added to the portfolio through the reverse buy-out of Gold Reef Resorts in 2011: Gold Reef City, Silverstar, Queens, Mykonos, Goldfields, Golden Horse and Garden Route.<ref>{{cite news|last1=Baumann|first1=Julius|title=Gaming groups oppose new Cape Town casino|url=http://www.bdlive.co.za/articles/2010/07/16/gaming-groups-oppose-new-cape-town-casino|accessdate=26 November 2014|agency=[[Business Day (South Africa)|Business Day]]|date=6 August 2012}}</ref><ref>{{cite news|last1=Hasenfuss|first1=Mark|title=Tsogo Sun places bet on growing casinos|url=http://www.bdlive.co.za/business/transport/2014/11/21/tsogo-sun-places-bet-on-growing-casinos|accessdate=27 November 2014|agency=[[Business Day (South Africa)|Business Day]]|date=21 November 2014}}</ref><ref>{{cite news|author1=Staff reporter|title=Merger creates major SA gaming, hotel company|url=http://mg.co.za/article/2010-02-18-merger-creates-major-sa-gaming-hotel-company|accessdate=27 November 2014|work=[[Mail & Guardian]]|date=18 February 2010}}</ref>
Through a process of bid applications, the group acquired five casino licenses: Emnotweni (Nelspruit), The Ridge, Hemingways, Montecasino and Suncoast.<ref>{{cite book|author1=AbdouMaliq Simone|editor1-last=Nuttall|editor1-first=Sarah|editor2-last=Mbembe|editor2-first=Achille|title=Johannesburg: The Elusive Metropolis|date=2008|publisher=Duke University Press|isbn=9780822381211|url=http://books.google.by/books?id=hNONyzwm420C|accessdate=26 November 2014}}</ref>


In May 2014, the group announced that it had entered into transaction agreements resulting in Tsogo Sun acquiring a 40% equity interest each in SunWest International and Worcester Casinos. This transaction gave the group a stake in all five casinos located in the Western Cape.<ref>{{cite news|author1=Farhaanah Mahomed|title=Tsogo Sun acquires a stake in two casino businesses|url=http://www.cnbcafrica.com/news/southern-africa/2014/05/13/tsogo-sun-acquires-a-stake-in-two-casino-businesses/|accessdate=26 November 2014|agency=[[CNBC Africa]]|date=13 May 2014}}</ref> However the deal failed and subsequently in 2016 an agreement was reached that gave Tsogo Sun a 20% stake in SunWest International and the Worcester Casino. <ref>https://www.marketscreener.com/quote/stock/GRAND-PARADE-INVESTMENTS--6582681/news/Tsogo-Sun-Gaming-Ltd-completed-the-acquisition-of-20-stake-in-SunWest-International-Proprietary-an-35412233/</ref>
An additional two casinos, The Caledon and Blackrock (formerly known as Century Casino), were added to the group’s portfolio in 2009 through the acquisition of Century Resorts Limited and Winlen Casino Operators (Pty) Limited. Subsequently a further seven casinos were added to the portfolio through the reverse buy-out of Gold Reef Resorts in 2011: Gold Reef City, Silverstar, Queens, Mykonos, Goldfields, Golden Horse and Garden Route.<ref>{{cite news|last1=Baumann|first1=Julius|title=Gaming groups oppose new Cape Town casino|url=http://www.bdlive.co.za/articles/2010/07/16/gaming-groups-oppose-new-cape-town-casino|accessdate=26 November 2014|agency=[[Business Day (South Africa)|Business Day]]|publisher=[[Times Media Group]]|date=6 August 2012}}</ref><ref>{{cite news|last1=Hasenfuss|first1=Mark|title=Tsogo Sun places bet on growing casinos|url=http://www.bdlive.co.za/business/transport/2014/11/21/tsogo-sun-places-bet-on-growing-casinos|accessdate=27 November 2014|agency=[[Business Day (South Africa)|Business Day]]|publisher=[[Times Media Group]]|date=21 November 2014}}</ref><ref>{{cite news|author1=Staff reporter|title=Merger creates major SA gaming, hotel company|url=http://mg.co.za/article/2010-02-18-merger-creates-major-sa-gaming-hotel-company|accessdate=27 November 2014|publisher=[[Mail & Guardian]]|date=18 February 2010}}</ref>


As of 1 June 2017<ref>{{Cite web|url=https://www.tsogosun.com/investors/our-board/executive-directors|title=Executive Directors – Tsogo Sun Board|website=Tsogo Sun|access-date=13 July 2017}}</ref> the Tsogo Sun CEO was Jacques Booysen.<ref>{{Cite web |date=May 31, 2017 |title=Tsogo Sun gets new CEO |url=https://www.iol.co.za/pretoria-news/business-report/tsogo-sun-gets-new-ceo-9443365 |access-date=2024-05-22 |website=iol.co.za}}</ref> Jacques Booysen previously served as managing director of Gaming at Tsogo Sun Holdings since April 2007.<ref>[https://www.bloomberg.com/research/stocks/people/person.asp?personId=52595771&privcapId=13514301 Jacques Booysen: Executive Profile & Biography – Bloomberg]. Amended 13 July 2017. Retrieved 22 May 2024</ref>
In May 2014, the group announced that it had entered into transaction agreements resulting in Tsogo Sun acquiring a 40% equity interest each in SunWest International and Worcester Casinos. This transaction will give the group a stake in all five casinos located in the Western Cape.<ref>{{cite news|author1=Farhaanah Mahomed|title=Tsogo Sun acquires a stake in two casino businesses|url=http://www.cnbcafrica.com/news/southern-africa/2014/05/13/tsogo-sun-acquires-a-stake-in-two-casino-businesses/|accessdate=26 November 2014|agency=[[CNBC Africa]]|date=13 May 2014}}</ref>

The group notified shareholders on 15 March 2019<ref>{{Cite web|url=https://www.fin24.com/Companies/TravelAndLeisure/tsogo-sun-to-restructure-hotel-interests-20190315|title=Tsogo Sun to restructure hotel interests|date=15 March 2019|website=Fin24|access-date=30 May 2019}}</ref> of a proposed restructuring that would result in a separation of hotel and gaming interests and separate JSE listing<ref>{{Cite web|url=https://www.businesslive.co.za/bd/companies/transport-and-tourism/2019-05-23-tsogo-suns-net-profit-falls-ahead-of-hotels-unbundling/|title=Tsogo Sun will bring the largest hotel business in SA to public investors|website=BusinessLIVE|access-date=30 May 2019}}</ref> of Tsogo Sun Hotels and Tsogo Sun Gaming.

As of 12 June 2019 Tsogo Sun was split into Tsogo Sun and [[Tsogo Sun Hotels]]. Tsogo Sun Hotels (now Southern Sun) includes individually branded hotels such as the luxury Beverly Hills and Palazzo as well as hotel brands that include Southern Sun Hotels, Garden Court, SunSquare and Hi Hotels.<ref>{{Cite web|url=http://www.etnw.co.za/print-archives/article/192341/Hotels-innovate-or-die|title=Tsogo Sun Launches Budget Brand|website=Etnw|language=en|access-date=2019-09-27}}</ref><ref>{{Cite web|url=https://businesstech.co.za/news/business/318758/new-low-cost-limited-service-hotels-to-launch-in-south-africa/|title=New low-cost 'limited service' hotels to launch in South Africa|website=businesstech.co.za|language=en-US|access-date=2019-09-27}}</ref>

Tsogo Sun Gaming includes casinos precincts such as [[Montecasino]] and [[Gold Reef City]] as well as ownership of Galaxy Bingo<ref>{{Cite web|url=https://www.bingo.co.za/|title=Galaxy Bingo – Gaming. Entertainment.|website=Galaxy Bingo|language=en-ZA|access-date=2019-09-27}}</ref> that operates 23 bingo venues across South Africa and V Slots<ref>{{Cite web|url=https://vslots.co.za/|title=VSlots|language=en-ZA|access-date=2019-09-27}}</ref> a leading supplier of Limited Pay Out slot machines. In 2020 Tsogo Sun Gaming acquired a majority ownership of South African sports betting website [[Bet.co.za]].<ref name=":0" />

== Properties ==
===Blackrock Casino===

{{Infobox casino
| name = Blackrock Casino
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| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo>{{cite report|title=Condensed Unaudited Consolidated Interim Financial Statements|publisher=Tsogo Sun Gaming|date=24 November 2022|url=https://www.tsogosun.com/wp-content/uploads/2022/11/TSG-interim-results-booklet-30-9-2022-PUBLISHED.pdf|page=24}}</ref>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.blackrockcasino.co.za/}}
}}

'''Blackrock Casino''' is a hotel and [[casino]] located in [[Newcastle, KwaZulu-Natal|New Castle]] in [[KwaZulu-Natal]], [[South Africa]]

===Emerald Resort & Casino===
{{main|Emerald Resort & Casino}}
{{Infobox casino
| name = Emerald Resort & Casino
| logo =
| logo_size =250
| image =
| image_size =
| image_caption =
| location = [[Vanderbijlpark]], [[Emfuleni]], [[South Africa]]
| address = 777 Frikkie Meyer Blvd, Vanderbijlpark, 1900, South Africa
| date_opened = {{start date and age|df=yes|1997}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun (55%)<ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates = {{coord|-26.74274|27.85771|type:landmark_globe:earth_region:ZA|display=ti}}
| website = {{url|https://www.emeraldcasino.co.za/}}
}}
'''Emerald Resort & Casino''' is a hotel and [[casino]] located at a private estate on the banks of the [[Vaal River]] in [[Vanderbijlpark]], [[South Africa]]. The casino opened in 1997.<ref name="iol._Gamb">{{Cite web| title = Gambling revenue: Gauteng casinos on top| work = IOL Business Report| date = 6 March 2018| accessdate = 2018-03-06| url = https://www.iol.co.za/business-report/economy/gambling-revenue-gauteng-casinos-on-top-1953247}}</ref>

===Emnotweni===

{{Infobox casino
| name = Emnotweni Casino
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.emnotweni.co.za/}}
}}

===Garden Route Casino===

{{Infobox casino
| name = Garden Route Casino
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.gardenroutecasino.co.za/}}
}}

===Gold Reef City Casino & Theme Park===

{{Infobox casino
| name = Gold Reef City Casino & Theme Park
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.goldreefcity.co.za/}}
}}

===Goldfields Casino===

{{Infobox casino
| name = Goldfields Casino
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.goldfieldscasino.co.za/}}
}}

===Golden Horse Casino===

{{Infobox casino
| name = Golden Horse Casino
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.goldenhorsecasino.co.za/}}
}}

===Hemingways Casino===

{{Infobox casino
| name = Hemingways Casino
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.hemingways.co.za/}}
}}

===Montecasino===
{{main|Montecasino}}

{{Infobox casino
| name = Montecasino
| logo =
| logo_size =
| image = Montecasino.jpg
| image_size = 250px
| image_caption = The Main Entrance of Montecasino in 2016
| location = [[Fourways]], [[Sandton]]
| address = 1 Montecasino Blvd, Fourways, Sandton, 2021
| date_opened = {{start date and age|df=yes|2000}}
| names_pre =
| date_closed =
| casino_type =
| theme = Italian Village
| owner = Tsogo Sun
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{URL|https://www.montecasino.co.za/}}
}}

===Mykonos Casino===

{{Infobox casino
| name = Mykonos Casino
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.mykonoscasino.co.za/}}
}}

===Silverstar Casino===

{{Infobox casino
| name = Silverstar Casino
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.silverstar.co.za/}}
}}

===Suncoast Casino, Hotels & Entertainment===
{{main|Suncoast Casino and Entertainment World}}

{{Infobox Casino
| casino = Suncoast Casino, Hotels and Entertainment
| logo =Suncoast logo.jpg
| logo_size =
| image = Tsogo_Sun_Suncoast_Exterior_v4.jpg
| image_size = 250
| image_caption =
| location = [[Durban]], [[South Africa]]
| address =
| date_opened = November 2002
| names_pre =
| date_closed =
| casino_type = Land-based
| owner = Tsogo Sun
| architect =
| rooms = 164
| space_gaming =
| attractions =
| notable_restaurants =
| renovations =
| website = {{URL|tsogosun.com/suncoast-casino}}
}}

===The Caledon Casino===

{{Infobox casino
| name = The Caledon Casino
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.thecaledoncasino.co.za/}}
}}


===The Marco Polo===

{{Infobox casino
| name = The Marco Polo
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://themarcopolo.co.za/}}
}}


===The Ridge Casino===

{{Infobox casino
| name = The Ridge Casino
| logo =
| logo_size =
| image =
| image_size =
| image_caption =
| location =
| address =
| date_opened = {{start date and age|df=yes|2024}}
| names_pre =
| date_closed =
| casino_type =
| theme =
| owner = Tsogo Sun <ref name=tsogo/>
| rooms =
| attractions =
| notable_restaurants =
| space_gaming =
| shows =
| renovations =
| coordinates =
| website = {{url|https://www.theridge.co.za/}}
}}

== See also ==

* [[List of casinos in South Africa]]


== References ==
== References ==
{{Reflist|3}}
{{Reflist}}


== External links ==
== External links ==
* [http://www.tsogosun.com Tsogo Sun Holdings]
* [https://www.tsogosun.com/ Tsogo Sun Hotels Official Site]

* [http://www.tsogosunhotels.com Tsogo Sun Hotels]

{{Witwatersrand companies}}


[[Category:Companies of South Africa]]
[[Category:InterContinental Hotels Group brands]]
[[Category:Intercontinental Hotels Group brands]]
[[Category:Hospitality companies of South Africa]]
[[Category:Hospitality companies of South Africa]]
[[Category:Casinos in South Africa]]
[[Category:Casinos in South Africa]]
[[Category:Companies established in 1969]]
[[Category:Companies based in Johannesburg]]
[[Category:Entertainment companies established in 1969]]
[[Category:1969 establishments in South Africa]]
[[Category:1969 establishments in South Africa]]
[[Category:Companies listed on the Johannesburg Stock Exchange]]
[[Category:Companies listed on the Johannesburg Stock Exchange]]

Latest revision as of 14:55, 24 September 2024

Tsogo Sun
TSG
IndustryHospitality, Entertainment, Tourism
Founded1995
SuccessorTsogo Sun
Headquarters
Johannesburg
,
South Africa
Number of locations
15 Casinos, 16 Hotels, 24 Galaxy Bingo sites
Area served
South Africa
Key people
Chris Du Toit (CEO)
BrandsMontecasino, Suncoast Casino, Gold Reef City Casino, Gold Reef City Theme Park, Silverstar Casino, Golden Horse Casino, The Ridge Casino, Emnotweni Casino, Blackrock Casino, Goldfields Casino, Mykonos Casino, the Caledon Casino, Garden Route Casino, Hemingways Casino, Palazzo Hotel, the Pivot Hotel Montecasino, Piazza Hotel Montecasino, Hotel Perte Montecasino, Gold Reef City Hotel, Gold Reef City Theme Park Hotel, Silverstar Hotel, Golden Horse Hotel, Suncoast Hotel, Suncoast Towers, Blackrock Hotel, Garden Route Hotel, The Caledon Hotel & Spa, The Ridge Hotel, The RidgePoint Hotel, Hemingways Hotel, playTSOGO, bet.co.za, The Marco Polo Gaming in Sandton, Oasis Casino, Galaxy Bingo, VSlots
Serviceshospitality, leisure, gaming and entertainment[1]
Websitetsogosun.com

Tsogo Sun is a South African gaming, hotels and entertainment group. Tsogo Sun operates 15 casinos, 24 Galaxy Bingo sites, 1 Independent Site Operator Licence (ISO) as well as VSlots ("LPMs") Limited Pay-out Machines across nine provinces, including but not limited to Bet.co.za bookmaker licences, hotels, a Theme Park, theatres, movie cinemas, restaurants, bars and conference facilities.[2][3][4]

Tsogo Sun means 'resurrection' or 'new life' – a term that mimics the daily rising of the sun in Setswana.[5]

Ownership

[edit]

Prior to 2011, Tsogo Sun Holdings owned and operated two divisions: Southern Sun Hotel Interests and Tsogo Sun. On 24 February 2011, Tsogo Sun Holdings concluded a merger with and reverse listing through Gold Reef Resorts.[6]

The group was one of the largest Johannesburg Stock Exchange listed companies in the hotel and tourism sector with a market capitalisation of R30.8 billion.[7][8] Since the unbundling[9] of its business into separate hotels and gaming interests in June 2019, Southern Sun and Tsogo Sun have been listed separately on the JSE. Tsogo Sun (TSG[10]) and Tsogo Sun Hotels (TGO[11] trading as Southern Sun) are both owned by Hosken Consolidated Investments (47%)[12] and public shares.[13]

History

[edit]
Palazzo Hotel Montecasino, Fourways Johannesburg

The group was established in 1969, when hotelier Sol Kerzner founded the chain of Southern Sun Hotels in partnership with South African Breweries.[14]

Prior to 1994, the group's gambling operations were limited to those hotels located in Apartheid-era bantustans, as gambling in the rest of South Africa was heavily restricted. When the new democratic government came to power, gambling was legalised, which enabled the group to add 14 gaming destinations to its portfolio.[15]

Through a process of bid applications, the group acquired five casino licences: Emnotweni (Nelspruit), The Ridge, Hemingways, Montecasino and Suncoast.[16]

Two additional casinos, The Caledon and Blackrock (formerly known as Century Casino), were added to the group's portfolio in 2009 by acquiring Century Resorts Limited and Winlen Casino Operators (Pty) Limited. Subsequently, a further seven casinos were added to the portfolio through the reverse buy-out of Gold Reef Resorts in 2011: Gold Reef City, Silverstar, Queens, Mykonos, Goldfields, Golden Horse and Garden Route.[17][18][19]

In May 2014, the group announced that it had entered into transaction agreements resulting in Tsogo Sun acquiring a 40% equity interest each in SunWest International and Worcester Casinos. This transaction gave the group a stake in all five casinos located in the Western Cape.[20] However the deal failed and subsequently in 2016 an agreement was reached that gave Tsogo Sun a 20% stake in SunWest International and the Worcester Casino. [21]

As of 1 June 2017[22] the Tsogo Sun CEO was Jacques Booysen.[23] Jacques Booysen previously served as managing director of Gaming at Tsogo Sun Holdings since April 2007.[24]

The group notified shareholders on 15 March 2019[25] of a proposed restructuring that would result in a separation of hotel and gaming interests and separate JSE listing[26] of Tsogo Sun Hotels and Tsogo Sun Gaming.

As of 12 June 2019 Tsogo Sun was split into Tsogo Sun and Tsogo Sun Hotels. Tsogo Sun Hotels (now Southern Sun) includes individually branded hotels such as the luxury Beverly Hills and Palazzo as well as hotel brands that include Southern Sun Hotels, Garden Court, SunSquare and Hi Hotels.[27][28]

Tsogo Sun Gaming includes casinos precincts such as Montecasino and Gold Reef City as well as ownership of Galaxy Bingo[29] that operates 23 bingo venues across South Africa and V Slots[30] a leading supplier of Limited Pay Out slot machines. In 2020 Tsogo Sun Gaming acquired a majority ownership of South African sports betting website Bet.co.za.[2]

Properties

[edit]

Blackrock Casino

[edit]
Blackrock Casino
OwnerTsogo Sun [31]
Websitewww.blackrockcasino.co.za

Blackrock Casino is a hotel and casino located in New Castle in KwaZulu-Natal, South Africa

Emerald Resort & Casino

[edit]
Main article: Emerald Resort & Casino
Emerald Resort & Casino
Location Vanderbijlpark, Emfuleni, South Africa
Address 777 Frikkie Meyer Blvd, Vanderbijlpark, 1900, South Africa
Opening date1997; 27 years ago (1997)
OwnerTsogo Sun (55%)[31]
Coordinates26°44′34″S 27°51′28″E / 26.74274°S 27.85771°E / -26.74274; 27.85771
Websitewww.emeraldcasino.co.za

Emerald Resort & Casino is a hotel and casino located at a private estate on the banks of the Vaal River in Vanderbijlpark, South Africa. The casino opened in 1997.[32]

Emnotweni

[edit]
Emnotweni Casino
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitewww.emnotweni.co.za

Garden Route Casino

[edit]
Garden Route Casino
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitewww.gardenroutecasino.co.za

Gold Reef City Casino & Theme Park

[edit]
Gold Reef City Casino & Theme Park
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitewww.goldreefcity.co.za

Goldfields Casino

[edit]
Goldfields Casino
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitewww.goldfieldscasino.co.za

Golden Horse Casino

[edit]
Golden Horse Casino
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitewww.goldenhorsecasino.co.za

Hemingways Casino

[edit]
Hemingways Casino
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitewww.hemingways.co.za

Montecasino

[edit]
Main article: Montecasino
Montecasino
The Main Entrance of Montecasino in 2016
Location Fourways, Sandton
Address 1 Montecasino Blvd, Fourways, Sandton, 2021
Opening date2000; 24 years ago (2000)
ThemeItalian Village
OwnerTsogo Sun
Websitewww.montecasino.co.za

Mykonos Casino

[edit]
Mykonos Casino
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitewww.mykonoscasino.co.za

Silverstar Casino

[edit]
Silverstar Casino
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitewww.silverstar.co.za

Suncoast Casino, Hotels & Entertainment

[edit]
Main article: Suncoast Casino and Entertainment World
Suncoast Casino, Hotels and Entertainment
Location Durban, South Africa
Opening dateNovember 2002
No. of rooms164
Casino typeLand-based
OwnerTsogo Sun
Websitetsogosun.com/suncoast-casino

The Caledon Casino

[edit]
The Caledon Casino
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitewww.thecaledoncasino.co.za


The Marco Polo

[edit]
The Marco Polo
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitethemarcopolo.co.za


The Ridge Casino

[edit]
The Ridge Casino
Opening date2024; 0 years ago (2024)
OwnerTsogo Sun [31]
Websitewww.theridge.co.za

See also

[edit]

References

[edit]
  1. ^ Nicole Cassandra Naidoo (16 July 2014). "Participation essential for Tsogo Sun shareholders". CNBC Africa. Archived from the original on 4 March 2016. Retrieved 26 November 2014.
  2. ^ a b "Tsogo Sun to acquire betting platform Betcoza". BusinessLIVE. Retrieved 25 July 2022.
  3. ^ "Tsogo Sun buys Vukani, Galaxy | IOL Business Report". iol.co.za. Retrieved 27 September 2019.
  4. ^ "Tsogo Sun boosted by gaming alternatives". BusinessLIVE. Retrieved 27 September 2019.
  5. ^ Esipisu, Isaac (18 October 2013). "Top executive jobs at Tsogo Sun cut". CNBC Africa. Archived from the original on 24 March 2018. Retrieved 26 November 2014.
  6. ^ Matthew Boyle; Kamlesh Bhuckory; Chris Spillane (7 July 2014). "SABMiller to Sell $1.09 Billion Stake in Tsogo Sun". Bloomberg News. Retrieved 26 November 2014.
  7. ^ Andreas Paleit; Nick Wilson (7 July 2014). "SABMiller to sell out of African hotel and casino group Tsogo Sun". Financial Times. Retrieved 6 December 2014.
  8. ^ Clementine Fletcher (15 April 2014). "SABMiller Mulls Options for $1.04 Billion Tsogo Sun Stake". Bloomberg L.P. Retrieved 14 December 2014.
  9. ^ "Tsogo Sun plans hotel listing on 12 June". Fin24. 23 May 2019. Retrieved 27 September 2019.
  10. ^ "Tsogo Sun Gaming Ltd, TSG:JNB summary – FT.com". markets.ft.com. Retrieved 27 September 2019.
  11. ^ "Tsogo Sun Hotels Ltd, TGO:JNB summary – FT.com". markets.ft.com. Retrieved 27 September 2019.
  12. ^ "Business Segments". www.hci.co.za. 7 January 2016. Archived from the original on 6 December 2021. Retrieved 30 May 2023.
  13. ^ "Investors | Tsogo Sun Hotels". Tsogo Sun. Retrieved 27 September 2019.
  14. ^ Thomas, Nathalie (7 July 2014). "SABMiller sheds final remnant of former conglomerate days". The Daily Telegraph. London. Retrieved 26 November 2014.
  15. ^ David S. Fick (2000). Rule, Stephen P.; Sibanyoni, Chris (eds.). The Social Impact of Gambling in South Africa: An Initial Assessment for the National Gambling Board. HSRC Press. p. 52. ISBN 9780796919717. Retrieved 26 November 2014.
  16. ^ AbdouMaliq Simone (2008). Nuttall, Sarah; Mbembe, Achille (eds.). Johannesburg: The Elusive Metropolis. Duke University Press. ISBN 9780822381211. Retrieved 26 November 2014.
  17. ^ Baumann, Julius (6 August 2012). "Gaming groups oppose new Cape Town casino". Business Day. Retrieved 26 November 2014.
  18. ^ Hasenfuss, Mark (21 November 2014). "Tsogo Sun places bet on growing casinos". Business Day. Retrieved 27 November 2014.
  19. ^ Staff reporter (18 February 2010). "Merger creates major SA gaming, hotel company". Mail & Guardian. Retrieved 27 November 2014.
  20. ^ Farhaanah Mahomed (13 May 2014). "Tsogo Sun acquires a stake in two casino businesses". CNBC Africa. Retrieved 26 November 2014.
  21. ^ https://www.marketscreener.com/quote/stock/GRAND-PARADE-INVESTMENTS--6582681/news/Tsogo-Sun-Gaming-Ltd-completed-the-acquisition-of-20-stake-in-SunWest-International-Proprietary-an-35412233/
  22. ^ "Executive Directors – Tsogo Sun Board". Tsogo Sun. Retrieved 13 July 2017.
  23. ^ "Tsogo Sun gets new CEO". iol.co.za. 31 May 2017. Retrieved 22 May 2024.
  24. ^ Jacques Booysen: Executive Profile & Biography – Bloomberg. Amended 13 July 2017. Retrieved 22 May 2024
  25. ^ "Tsogo Sun to restructure hotel interests". Fin24. 15 March 2019. Retrieved 30 May 2019.
  26. ^ "Tsogo Sun will bring the largest hotel business in SA to public investors". BusinessLIVE. Retrieved 30 May 2019.
  27. ^ "Tsogo Sun Launches Budget Brand". Etnw. Retrieved 27 September 2019.
  28. ^ "New low-cost 'limited service' hotels to launch in South Africa". businesstech.co.za. Retrieved 27 September 2019.
  29. ^ "Galaxy Bingo – Gaming. Entertainment". Galaxy Bingo. Retrieved 27 September 2019.
  30. ^ "VSlots". Retrieved 27 September 2019.
  31. ^ a b c d e f g h i j k l m Condensed Unaudited Consolidated Interim Financial Statements (PDF) (Report). Tsogo Sun Gaming. 24 November 2022. p. 24.
  32. ^ "Gambling revenue: Gauteng casinos on top". IOL Business Report. 6 March 2018. Retrieved 6 March 2018.
[edit]


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