Tsogo Sun

Traded as	JSE:TSG
ISIN	ZAE000273116
Industry	Hospitality Entertainment Tourism Gambling
Founded	1995; 30 years ago (1995)
Headquarters	Johannesburg , South Africa
Number of locations	55
Area served	South Africa
Key people	Chris Du Toit (CEO)
Brands	Montecasino Gold Reef City playTSOGO bet.co.za VSlots
Owner	Hosken Consolidated Investments (50%)
Website	tsogosun.com

Tsogo Sun is a South Africanhotel,gambling, andentertainment group, half owned byCape Town-based investment holding companyHosken Consolidated Investments.

Tsogo Sun operates 15 casinos, 24 Galaxy Bingo sites, 1 Independent Site Operator Licence (ISO), VSlots Limited Pay-out Machines (LPMs) across 9 South African provinces, Bet.co.za bookmaker licenses,hotels, atheme park,theaters, movie cinemas,restaurants, bars, andconference facilities.^[1][2][3]

Tsogo Sun means 'resurrection' or 'new life' – a term that mimics the daily rising of the sun inSetswana.^[4]

Prior to 2011, Tsogo Sun Holdings owned and operated two divisions: Southern Sun Hotel Interests and Tsogo Sun. On 24 February 2011, Tsogo Sun Holdings concluded a merger with and reverse listing through Gold Reef Resorts.^[5]

The group was one of the largestJohannesburg Stock Exchange listed companies in the hotel and tourism sector with a market capitalisation ofR30.8 billion.^[6][7] Since the unbundling^[8] of its business into separate hotels and gaming interests in June 2019,Southern Sun and Tsogo Sun have been listed separately on the JSE. Tsogo Sun (TSG^[9]) and Tsogo Sun Hotels (TGO^[10] trading as Southern Sun) are both owned byHosken Consolidated Investments (47%)^[11] and public shares.^[12]

The group was established in 1969, when hotelierSol Kerzner founded the chain ofSouthern Sun Hotels in partnership withSouth African Breweries.^[13]

Prior to 1994, the group's gambling operations were limited to those hotels located in Apartheid-era bantustans, as gambling in the rest of South Africa was heavily restricted. When the new democratic government came to power, gambling was legalised, which enabled the group to add 14 gaming destinations to its portfolio.^[14]

Through a process of bid applications, the group acquired five casino licences: Emnotweni (Nelspruit), The Ridge, Hemingways, Montecasino and Suncoast.^[15]

Two additional casinos, The Caledon and Blackrock (formerly known as Century Casino), were added to the group's portfolio in 2009 by acquiring Century Resorts Limited and Winlen Casino Operators (Pty) Limited. Subsequently, a further seven casinos were added to the portfolio through the reverse buy-out of Gold Reef Resorts in 2011: Gold Reef City, Silverstar, Queens, Mykonos, Goldfields, Golden Horse and Garden Route.^[16][17][18]

In May 2014, the group announced that it had entered into transaction agreements resulting in Tsogo Sun acquiring a 40% equity interest each in SunWest International and Worcester Casinos. This transaction gave the group a stake in all five casinos located in the Western Cape.^[19] However the deal failed and subsequently in 2016 an agreement was reached that gave Tsogo Sun a 20% stake in SunWest International and the Worcester Casino.^[20]

As of 1 June 2017^[21] the Tsogo Sun CEO was Jacques Booysen.^[22] Jacques Booysen previously served as managing director of Gaming at Tsogo Sun Holdings since April 2007.^[23]

The group notified shareholders on 15 March 2019^[24] of a proposed restructuring that would result in a separation of hotel and gaming interests and separate JSE listing^[25] of Tsogo Sun Hotels and Tsogo Sun Gaming.

As of 12 June 2019 Tsogo Sun was split into Tsogo Sun andTsogo Sun Hotels. Tsogo Sun Hotels (now Southern Sun) includes individually branded hotels such as the luxury Beverly Hills and Palazzo as well as hotel brands that include Southern Sun Hotels, Garden Court, SunSquare and Hi Hotels.^[26][27]

Tsogo Sun Gaming includes casinos precincts such asMontecasino andGold Reef City as well as ownership of Galaxy Bingo^[28] that operates 23 bingo venues across South Africa and V Slots^[29] a leading supplier of Limited Pay Out slot machines. In 2020 Tsogo Sun Gaming acquired a majority ownership of South African sports betting websiteBet.co.za.^[1]

Blackrock Casino is a hotel andcasino located inNew Castle inKwaZulu-Natal,South Africa

Emerald Resort & Casino
Location	Vanderbijlpark,Emfuleni,South Africa
Address	777 Frikkie Meyer Blvd, Vanderbijlpark, 1900, South Africa
Opening date	1997; 28 years ago (1997)
Owner	Tsogo Sun (55%)[30]
Coordinates	26°44′34″S27°51′28″E / 26.74274°S 27.85771°E /-26.74274; 27.85771
Website	www.emeraldcasino.co.za

Emerald Resort & Casino is a hotel andcasino located at a private estate on the banks of theVaal River inVanderbijlpark,South Africa. The casino opened in 1997.^[31]

Montecasino
The Main Entrance of Montecasino in 2016
Location	Fourways,Sandton
Address	1 Montecasino Blvd, Fourways, Sandton, 2021
Opening date	2000; 25 years ago (2000)
Theme	Italian Village
Owner	Tsogo Sun
Website	www.montecasino.co.za

Silverstar Casino & Hotel is located in Muldersdrift,Mogale City in Johannesburg, Gauteng, South Africa. The casino first opened its doors in 2007.

Suncoast Casino, Hotels and Entertainment
Location	Durban,South Africa
Opening date	November 2002
No. of rooms	164
Casino type	Land-based
Owner	Tsogo Sun
Website	tsogosun.com/suncoast-casino

• List of casinos in South Africa

• Tsogo Sun Hotels Official Site

• InterContinental Hotels Group brands
• Hospitality companies of South Africa
• Casinos in South Africa
• Companies based in Johannesburg
• Entertainment companies established in 1969
• 1969 establishments in South Africa
• Companies listed on the Johannesburg Stock Exchange

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