In a move that helps Tsogo Sun Hotels gain a foothold in SA’s online betting industry, the gaming and leisure group will, through its subsidiary Alternative Gaming, acquire online betting platform (Betcoza).

Tsogo Sun will acquire a 50.1% stake in Betcoza, SA’s premier sports betting and entertainment site for R49m. As part of the deal, it will also acquire indirect interests in retail sports betting licences. Betcoza has retail sports betting licences that allow it to operate in Gauteng and Limpopo...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now