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Tag Archives: Peermont Holdings

South Africa – Sun International to buy Peermont Holdings for R7.3bn

Sun International has announced plans to buy rival South African casino operator Peermont Holdings for R7.3bn (€363m) in a deal that will include 11 properties located across South Africa and Botswana, including Emperors Palace Hotel Casino Convention in Gauteng and the online sportsbook, PalaceBet. Sun stated that the proposal offered a ‘unique opportunity to acquire…