Conditional approval for casinos� merger

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The Competition Authority (CA) has put measures in place to ensure that a position of dominance is not created or strengthened in the casino and gaming market, due to the acquisition of Peermont Group by Sun International.

In a merger decision notice released on Friday, the CA said they decided to authorise the proposed acquisition transaction on condition that the global and gaming giants will not be involved in mapping business strategy for the local casino operations.   

The CEO of CA, Thula Kaira explained that the Authority had made conclusive analysis.

Editor's Comment
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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