{"id":25781,"date":"2026-05-28T10:03:55","date_gmt":"2026-05-28T13:03:55","guid":{"rendered":"https:\/\/focusgn.com\/africa\/?p=25781"},"modified":"2026-05-29T05:45:44","modified_gmt":"2026-05-29T08:45:44","slug":"casino-giant-tsogo-sun-reports-stronger-profit-for-2026-financial-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/africa\/casino-giant-tsogo-sun-reports-stronger-profit-for-2026-financial-year","title":{"rendered":"Casino giant Tsogo Sun reports stronger profit for 2026 financial year"},"content":{"rendered":"\n<p>The casino and hotel division remained the core revenue driver, bringing in around R8.2bn.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>South Africa.- South African casino operator <strong>Tsogo Sun Gaming Ltd<\/strong> has reported headline earnings of R1.57bn (US$96.5m) for the year ended March 31, 2026, supported by stable casino income and growth in its online betting business. The figure was up 6.8 per cent from R1.47bn (US$90.4m) in the previous year.<\/p>\n\n\n\n<p>The group, which operates major casino properties including<strong> Montecasino in Johannesburg and Suncoast Casino in Durban<\/strong>, said earnings per share rose 8 per cent to 153 cents (US$0.09), while basic profit increased to R1.295bn (US$79.6m) from R1.244bn (US$76.5m) a year earlier.<\/p>\n\n\n\n<p>Revenue for the period was largely unchanged at R11.13bn (US$684.1m), compared with R11.155bn (US$685.7m) a year earlier, while adjusted EBITDA also remained steady at R3.46bn (US$212.7m).<\/p>\n\n\n\n<p>The casino and hotel division remained the core revenue driver, bringing in around R8.2bn (US$504.0m). However, adjusted EBITDA in the segment declined 3 per cent to R3bn (US$184.4m), mainly due to pressure from slot machine income.<\/p>\n\n\n\n<p>Tsogo Sun said its land-based gaming operations showed mixed performance across regions, with Gauteng remaining stable, KwaZulu-Natal under pressure, and the Western Cape broadly steady except for declines in Caledon.<\/p>\n\n\n\n<p>The group\u2019s online betting and gaming segment recorded a turnaround, with gross gaming revenue net of bonusing rising 24 per cent to R313m (US$19.2m). The unit swung from a loss of R15m (US$922k) in the prior year to an adjusted EBITDA profit of R50m (US$3.1m).<\/p>\n\n\n\n<p>Tsogo Sun\u2019s operating costs for the period totalled R7.7bn (US$473.3m). Net interest-bearing debt fell to R6.49bn (US$398.9m) from R7.19bn (US$442.0m), while net finance costs dropped 20 per cent to R550m (US$33.8m), supported by lower debt levels and buy-backs.<\/p>\n\n\n\n<p>Tsogo Sun returned R904m (US$55.6m) to shareholders through dividends and share repurchases, including R438m (US$26.9m) in buy-backs. The group also maintained a final dividend of 30 cents (US$0.02) per share, bringing total dividends for the year to 45 cents (US$0.03) per share, lower than the previous year.<\/p>\n\n\n\n<p><\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/africa\/wp-content\/uploads\/sites\/7\/2025\/04\/Ulrik-Bengtsson-Sun-International-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/africa\/sun-international-announces-special-dividend-following-steady-casino-performance-and-sunbet-growth'>Sun International announces special dividend following steady casino performance and SunBet growth<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The casino and hotel division remained the core revenue driver, bringing in around R8.2bn.<\/p>\n","protected":false},"author":2395,"featured_media":3485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Tsogo Sun Gaming Ltd. reported headline earnings of R1.57bn for FY2026, a 6.8% increase, driven by stable land-based casino operations and significant growth in its online betting segment. While core casino and hotel revenue remained robust, slot machine income faced pressure, leading to a slight decline in segment EBITDA. The group's online betting division achieved a notable turnaround, swinging to an adjusted EBITDA profit of R50m on 24% GGR growth, alongside a strengthened balance sheet with reduced net debt.","focusai_entities":"Tsogo Sun Gaming Ltd., Montecasino, Suncoast Casino, Sun International","focusai_location":"South Africa, Johannesburg, Durban, Gauteng, KwaZulu-Natal, Western Cape, Caledon","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Online Growth Sustainability","query":"What specific strategies is Tsogo Sun implementing to sustain the robust GGR growth and EBITDA turnaround in its online betting segment, and what are the projected market share gains?"},{"label":"Land-Based Optimization","query":"How does Tsogo Sun plan to mitigate the pressure on slot machine income and improve adjusted EBITDA in its core land-based casino division, particularly in underperforming regions like KwaZulu-Natal?"}],"footnotes":""},"categories":[60022,60011],"tags":[67,61052,60074],"class_list":["post-25781","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-africa","tag-casinos","tag-ebitda","tag-online-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/posts\/25781","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/users\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/comments?post=25781"}],"version-history":[{"count":7,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/posts\/25781\/revisions"}],"predecessor-version":[{"id":25836,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/posts\/25781\/revisions\/25836"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/media\/3485"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/media?parent=25781"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/categories?post=25781"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/africa\/wp-json\/wp\/v2\/tags?post=25781"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}