Sun International to cut staff and sell properties due to Covid-19
The casino operator and gaming group expects the recovery from Covid-19 to be slow
Hotel and gaming group Sun International intends to cut about 1,800 staff at its hotels and sell land as it braces for a slow recovery from Covid-19.
The group is scrambling for cash after Covid-19 shuttered its hotels and casinos in SA and Latin America. While the group is gearing up to resume operations in SA under level 3, regulations setting out the conditions under which it can operate are yet to be published...