JSE’s gaming groups keep feeding those slots
Tsogo and Sun International have made punters a packet on their shares this year. But dividends are still a way off
The odds have dramatically shortened for punters betting that the JSE’s listed gaming groups will get back to their cash-spinning ways.
Over six months Tsogo Sun Gaming’s share price has spurted 42%, while Sun International — which still holds a portfolio of hotel properties, including Sun City — has seen a 21% charge. Over a year Tsogo’s share price is up an astounding 163%, while Sun has registered a nearly 50% gain...