Tsogo Sun Gaming Plans Odd-Lot Offer to Reduce Minority Shareholders
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Tsogo Sun Gaming Limited (formerly Tsogo Sun Holdings Limited) is South Africa's leading casino and entertainment operator. Net sales break down by game type as follows:- casino games (86.9%): 13 casinos (9,465 slot machines and 357 gaming tables) held at the end of March 2019;- bingo (4.9%): ownership of 21 electronic bingo rooms;- limited stake slot machine games (0.2%; Vukani): operation of 1,144 establishments (6,058 Vslots machines)The balance of sales (8%) concerns in particular the activities of operating conference and cinema rooms, restaurants and bars, theatres and banquets.In June 2019, the group completed the demerger of Tsogo Sun Hotels Limited.
