Rival casinos Tsogo Sun and Sun International are ready to compete against each other now that there is an increased possibility of a second casino licence in the South African city.
South Africa.- Recently, Tsogo suggested there was potential to bid for the relocation of one of the smaller casinos in the Western Cape to the Cape metropole. Although no official decision has been made by provincial authorities, the highly expected proposal would involve the relocation of an existing casino license in the Western Cape to the Cape metropole.
Tsogo owns three Western Cape licenses: Mykonos, Caledon and the Garden Route, whilst Sun International owns the Golden Valley casino in Worcester. The second casino license for Cape Town has been discussed for at least five years and would help to boost the provincial government’s economy.
Marcel von Aulock, Tsogo CEO, confirmed during an investment presentation that the company had launched court action to compel the Western Cape government to allow the relocation of one of the smaller Western Cape casino licences to Cape Town. According to von Aulock, Sun International had also launched court action to set aside the decision of the Western Cape government to allow relocation of an outlying casino to the metropole.
So far, the provincial authorities’ progress on a decision regarding the second casino license has been described as “glacier slow.”