Sun International pays first dividend in six years as gaming sparks
The payout is the first since 2016, partly because of a stronger financial position as it reduced debt by R500m to R6.6bn
Sun International plans to roll out its SunBet brand to several countries in Africa to bulk up its market share in the fast-growing online gaming sector.
CEO Anthony Leeming said on Monday that Sun International had already hit the ground running by securing a 70% interest in a Mauritian company for $3.2m (R53.9m). The acquired entity has online sports betting and casino licences to operate in Ghana, Zambia and Kenya...
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