Tsogo Sun Gaming Plans Odd-Lot Offer to Reduce Minority Shareholders
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.