On Monday, Sun International in South Africa reported that the company sold its Carousel Casino license after receiving regulatory approval
Sun International announced that its Carousel Casino, one of the oldest casinos and entertainment centres in Africa, was sold after receiving regulatory approval. In the interim, Sun International has appointed a management company to run the casino, the identity of the company hasn't been disclosed.
After an undisclosed meeting, the company while keeping the purchase price and who made the purchase hidden said: "a regulatory application has been submitted to the North West Gambling Board and this will follow due process.”
CEO of Sun International, Anthony Leeming had explained that the casino would remain shut even after the lockdown was put at an ease, he said:
Earlier this year, we announced we would not reopen the Carousel Casino after lockdown restrictions were lifted, and that remains the case. However, by allowing the casino to be run by a management company, we will be protecting the livelihoods of previous staff who can now be re-employed.
The casino which was launched since 1991 and set to be re-opened December 15th 2020 consists of a 57-room hotel, 369 apartments that encompasses the accommodation of the staff, hotel bars and restaurants, 55,000 square meters for retail development and 582 hectares of undeveloped land.
Article originally appeared on: TimesLive