Sector: Consumer Services
The company is not available at Interactive Brokers
Sun International (JSE:SUI) is one of Africa's largest tourism, leisure and gaming groups and operates or has an interest in a total of 19 resorts, luxury hotels and casinos. The Group's entry into Latin America began in Chile in 2008 and has been a success story for the Group giving it the track record and confidence to look for more opportunities that offer gaming opportunities in the region. Sun International's Latin American profile (Monticello Grand Casino in Chile and the Ocean Club Casino in Panama) has now been merged with the casino and hotel profile of Chile-based leader in the gaming and entertainment industry, Dreams SA, making it the largest gaming company in Latin America with operations in Chile, Peru, Colombia and Panama.
Sun's real competitive advantage stems from the fact that it has a global competence in both the development and operation of casinos, hotels and resorts – and at the same time the Group is extremely comfortable operating in emerging markets.
The Group's approach has been to differentiate its hotels, resorts and casinos in architecture, service, experience, location and the mix of entertainment and activities. Creating lasting memories for its guests and customers is a core part of Group DNA. Sun has created some of the world's most iconic hotels from The Palace of The Lost City at Sun City to The Table Bay Hotel in Cape Town. The creative architecture of these properties and the blending of their designs with their local environment make each property unique.
Sun International was the pioneer of gaming in southern Africa, having brought casinos to this part of the world in the late 1970s. The opening of Sun City set the standard for large-scale international events in South Africa, which continues today. Sun City is also home to the Nedbank Golf Challenge which has attracted the world's best golfers for over two decades. From the hosting of Miss South Africa to World Heavyweight title fights, the Sun City Superbowl remains the preferred venue for international events and entertainment.
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2023-08-31 15:46 +02:00JSE:PPH JSE:TBS JSE:BYI JSE:AVI JSE:TKG JSE:KAP JSE:JSE JSE:ADH JSE:SUI JSE:PPC JSE:BAT JSE:ADR JSE:ISA
The former chairman of both Telkom and Eskom, Jabu Mabuza, a widely admired businessman, died from Covid-19 complications on Wednesday, his family announced.
2021-06-17 15:00 +02:00
South African businesses have had to respond to the coronavirus and lockdown restrictions since March. At the same time, the country’s economy is in crisis. Here’s how companies are coping.
2020-09-18 07:20 +02:00JSE:AGL JSE:AMS JSE:FSR JSE:MTN JSE:SBK JSE:VOD JSE:IMP JSE:SSW JSE:ABG JSE:SHP JSE:NED JSE:PPH JSE:AVI JSE:SPG JSE:MSM JSE:SUI
Jabu Mabuza, chairman of the South African power utility regarded as the biggest risk to the nation’s economy, has taken on a non-executive director role at pay-television company MultiChoice Group.
2019-07-09 05:54 +02:00After two years of the COVID-19 pandemic keeping tourists away, South African resorts along the popular eastern Indian Ocean coastline were hoping for a bumper Easter weekend.
2022-04-20
South Africa`s rand firmed on Monday, recovering from last week`s plunge to its lowest since October 2020 on concerns around the discovery of a COVID-19 variant in the country that has been described as the most concerning.
2021-11-29
South Africa`s rand tumbled more than 2% on Monday, battered by an outbreak of violence and looting after the jailing of former president Jacob Zuma.
2021-07-12Sun International has agreed easier borrowing terms with its lenders, two sources told Reuters, giving South Africa`s biggest casino firm a year of financial breathing space as a third wave of COVID-19 crashes over the tourism industry.
2021-07-09
South African hospitality, grocery retail and gym stocks sank on Monday alongside the rand currency after the government tightened COVID-19 restrictions to cope with new coronavirus infections.
2021-06-28JSE:SHP JSE:NED JSE:WHL JSE:SPP JSE:AVI JSE:TSG JSE:MSM JSE:SUI JSE:BAT
The former chairman of state-owned South African utility Eskom and widely admired businessman Jabu Mabuza has died from COVID-19 complications on Wednesday, his family announced.
2021-06-16Sun International is planning to cut 3,300 jobs in South Africa and Chile as part of a restructuring plan to survive the pandemic, which took the firm into a half-year headline loss of 885 million rand ($53.26 million) on Monday.
2020-08-31When Sun International`s Times Square Casino in South Africa`s administrative capital Pretoria opens its doors again on Monday, following a three-month shutdown, every second slot machine will be off and shields will separate clients.
2020-06-29
South Africa`s Sun International said on Tuesday that it will close all of its casinos in Chile, along with its hotels and food and beverage operations, in response to instructions received from Chilean gambling authorities.
2020-03-17
