Premier Winde, who was a party to the action as well, informed the press following the court’s decision that the board had no intention of appealing the decision. A further respondent in the Tsogo Sun Holdings litigation was Premier Winde.
Winde stated that because a new gaming bill had been passed, the court’s decision will also be taken into consideration. The new gambling law Winde was talking to has already started the public hearing process. Stakeholders in the gaming sector are anticipated to submit their ideas for review.
The owner of casinos is Tsogo Sun Holding.
Tsogo Sun Holdings is one of the biggest casino operators in South Africa. Typically, their casinos are located in hotels, restaurants, and taverns. Tsogo Sun Holdings was founded in 1989.
Additionally, Tsogo Sun Holding runs more than 13 casinos in South Africa. In the majority of their casinos, new online slots, bingo, table games, and other games are available. Tsogo Sun Holding operates the following casinos in South Africa:
Gold Reef City Casino
Golden Horse Casino
The Caledon Casino
Garden Route Casino
Slots of Emnotweni
Casino Golden Gate
The Tsogo Sun Holding Group is estimated to be the second-largest casino operator in South Africa. Tsogo Holding is said to be behind Sun International, the biggest casino operator in South Africa. Tsogo Sun Holdings unquestionably has assets outside of casinos. Tsogo Holdings also manages hotels, restaurants, and pubs.
SA Gambling Industry and Western Cape High Court Decision
The new gaming law, which is now through public hearings, would surely be built on the Western Cape High Court’s verdict. In light of the Western Cape High Court’s decision, it appears that the new gaming bill would permit casino owners who seek to transfer their casino license.
The Western Cape Gambling and Racing Board will have exclusive authority over the fees that casino operators are required to pay under the 19th Amendment to the Western Cape Gambling and Racing Bill. For the preceding several years, the board’s primary source of income was transfer payments from the Provincial Treasury. This improvement will provide the board with a steady flow of funds to support its operations.
THE FUTURE OF SA’S GAMBLING INDUSTRY
Without a doubt, the SA land-based industry is going through some tough times. Whether or not the new gaming bill is changed to enable license relocation, gambling revenues in the country will continue to drop if the online casino industry is not authorized.
Those active in the country’s gambling industry must embrace the opportunity to advocate for the legalization of online casinos there.