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Tag Archives: Peermont

South Africa – BetGames.TV live with Peermont brand PalaceBet

BetGames.TV has agreed to provide its full portfolio of live casino content to Peermont Hotels’ brand PalaceBet.co.za. Having gone live on 7 October, the digital sportsbook and casino now offers titles including War of Bets, Wheel of Fortune and 6+ Poker to players in the country. Delivered via an SBTech integration, the additional content will…

South Africa- Sun International to buy rival Peermont

Sun International is to buy rival casino and hotel group Peermont adding nine casino resorts, including Peermont’s flagship Emperors Palace casino resort, three stand-alone hotels and one stand-alone casino, to its portfolio. In creating a South African superpower, Sun will add 3,374 slots, 156 table games and 1,711 rooms from Peermont’s portfolio. The buyout gives…

South Africa – Bally completes three Peermont installs

Bally Technologies has now completed system solution installs at three Peermont Global casinos in Botswana. The three systems implementations at Peermont’s The Grand Palm, Sedibeng, and Syringa casinos in Botswana follow Bally’s previously announced enterprise-wide systems contract partnership with the Peermont Group to replace competitors’ systems at 10 casinos in Botswana and South Africa. Peermont’s…

South Africa-Peermont to swap Euro-debt to fund redevelopments

Peermont Global, the third biggest casino operator in South Africa, wants swap euro-denominated bonds for rand debt to cut costs after local profits fell. Chief Executive Anthony Puttergill revealed the deal would involve the early settlement of E416m (R4.1bn) in securities due in April 2014. Such a conversion would prevent the need for hedges, which…