Tag Archives: Peermont

Peermont Group Acquisition Given Green Light in Botswana

Botswana’s Competition Authority has given Sun International the green light to go ahead with the acquisition of Peermont Group. The merger has been approved on the condition that the two groups “will not be involved in mapping business strategy for … Continue reading

Sun International in R9.5bn Acquisition Deal with Peermont

In dramatic news relating to the South African gambling industry, it was announced that Sun International will purchase the casino resort group Peermont. The price tag on this deal, according to Fin24, is a hefty R9.5 billion and will afford … Continue reading

Peermont Plans South African Casino Expansion and Development

Peermont Hotels, Casinos and Resorts, one of the country’s leading casino and entertainment groups, announced that it would be upgrading conference and room facilities at a number of its properties in the coming months. The group is planning the construction … Continue reading

Peermont Group Opposes Sun International Casino In Pretoria

In the ongoing saga of Sun International’s request to build a R3 billion casino and hotel complex in Pretoria, the Gauteng Gambling Board heard strong opposition by rival group, Peermont, operators of the Emperors’ Palace Casino. Peermont has made its … Continue reading