Sun defends move to �dominate� casino industry

Friday, July 03, 2015

Hodge appearing before the Mergers Review Committee of the Competition Authority. PIC: KENNEDY RAMOKONE

International resort and hotel chain, Sun International has defended its intentions to acquire hotel and gaming company, Peermont Group, saying the takeover is unlikely to result in anticompetitive behaviour in the casino industry.

If granted regulatory approval, the acquisition of

Peermont’s assets in Botswana will result in Sun International, which divested out of Gaborone Sun last year but retained the Casino business there, owning all casinos in Francistown and two of the three in Gaborone.

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Sun defends move to �dominate� casino industry

International resort and hotel chain, Sun International has defended its intentions to acquire hotel and gaming company, Peermont Group, saying the takeover is unlikely to result in anticompetitive behaviour in the casino industry.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!