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A judicial review could add years to a project that has already taken a decade
South African casino operator Sun International has said it will challenge the decision by regulators to allow its rival Tsogo Sun to relocate its Caledon casino licence to the Helderberg region in Cape Town.
Tsogo confirmed in September last year that it had been given approval from the Western Cape Gambling and Racing Board (WCGRB), bringing to a close a regulatory process that took a decade. A judicial review could now easily add years to the project.
Sun International CFO Norman Basthdaw said: “Following the decision taken by the Western Cape Gambling and Racing Board regarding the licence relocation, the group has resolved to take that decision on review. We will continue to engage through the appropriate legal and regulatory processes.”
Tsogo Sun added: “The addition of a casino in the broader Cape Town area will ultimately provide the Tsogo Sun customer base with a superior property in a desirable area to visit and will provide exciting new facilities to the surrounding communities of this unserved outlying area of Cape Town.
“The development cost for the Somerset West site is estimated to be approximately R1.29bn, at current values, over two years (final detailed costings are still being completed), subject to no interruptions to the regulatory and construction processes.”
