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.