Tsogo Sun: will you bet the house, or will you fold?
The company may have an ace up its sleeve in the form of online sports betting platform playTsogo
30 November 2023 - 08:00
While the odds are always in the house’s favour, perhaps by investing in casino group Tsogo Sun the returns could be in yours.
Leisure stocks reliant on foot traffic, such as casinos, were hit hard by lockdown restrictions in 2020 and 2021. The company’s share price has been on a steady winning streak after rebounding off the drastic lows of R1.72 a share during the height of the pandemic. However, movement in the share price for the year to date has been limited, with the counter up only 3.5%...
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