Peermont Global News
DraftKings and Peermont launch PalaceBet in South Africa
22 Oct 2020
Peermont will utilize DraftKings’ full sportsbook and platform solution to provide a sports betting experience for South African sports fans, who will have access to a range of features, including Your Bet and Pulse Betting.
Caesars Entertainment sells South African property
15 May 2019
The company agreed to sell Emerald Casino Resort to Peermont Hotels, Casinos and Resorts for total proceeds of $49 million.
Bally Technologies sign systems contract with Peermont Global in Africa
16 Nov 2011
Bally will replace competitors’ systems at 10 casinos in South Africa and Botswana in 2012.
Peermont goes on the road
13 Apr 2007
International News Brief: South African casino and hotel operator Peermont Global on Thursday kicked off roadshows for a two-part high-yield bond issue that will help finance its leveraged buyout, a banker familiar with the sale said.
No Peermont bid from Century Casinos and London & Regional
26 Feb 2007
Century Casinos, Inc. and UK based London & Regional Properties have decided not to submit a firm offer for the entire issued ordinary share capital of Peermont Global Limited.
Century Casinos eyes South African company
29 Jan 2007
Century Casinos, Inc. has joined UK based London & Regional Properties in a process that could lead to an offer to acquire all the issued share capital of South African casino and resort company Peermont Global Limited.
Peermont Global wins license
7 Nov 2006
nternational News Brief: South Africa's Peermont Global has won a licence to run a R215m casino in the Eastern Cape province, the company said on Tuesday.
South African Casino Groups, Banks Argue
15 Sep 2006
International News Brief: Major row erupted yesterday between casino groups and Reserve Bank governor Tito Mboweni, who accused them of undermining attempts to combat money-laundering and cash-in-transit heists by accepting dye-stained bank notes.
Peermont Buys Tusk Resort Group
16 Aug 2006
International News Brief: Peermont Global said it had bought a controlling stake in Tusk Casino Resorts and Hotels Group for 565.7 million rand.
Peermont Appoints New Financial Director
20 Jun 2006
International News Brief: South African hotels and casino operator Peermont Global has appointed William Robinson as its financial director with effect from June 12 replacing Anthony Puttergill, the company said on Tuesday.
Peermont Profits Up
10 Mar 2006
International News Brief: A strong showing in financial 2005 from the East Rand’s Emperors Casino, coupled with a bigger stake in that operation helped Peermont Global deliver a 33% increase in headline profits for the year to end-December 2005.
Peermont Withdraws Singapore Bid
16 Nov 2005
International News Brief: South African hotel and casino operator Peermont Global has withdrawn from its bid to operate two massive gambling resorts in Singapore, pushing its shares down more than 2 percent.
Peermont Earnings Up
6 Sep 2005
International News Brief: Peermont Global boosted first-half headline earnings per share by 52 percent and forecast solid results for the full year on Monday.
Peermont Unaffected by Strike
18 Aug 2005
International News Brief: Peermont Global's revenues have not been impacted by the ongoing wage strike at its Emperor's Palace casino complex by members of the Food and Allied Workers Union, according to financial director Anthony Puttergill.
South African Casino Workers to Strike
12 Aug 2005
International News Brief: Peermont Global reports that the Food and Allied Workers Union has given formal notice to its Emperors Palace Hotel, Casino and Convention Resort of its intention to embark on strike action at Emperors Palace with effect from 18:00 on Friday.
Peermont Reaches Record High
3 Aug 2005
International News Brief: Peermont Global's share price reached a record high yesterday after Monday's announcement that it expected first-half headline earnings a share to climb as much as 45%-55%.
South African Casino Development Delayed
10 Jun 2005
International News Brief: The planned casino development in Bethlehem, Free State province has been held up by the slow appointment of members to the Free State Gaming Review Board.
Peermont Bets on Africa
17 May 2005
International News Brief: South African hotel and casino company Peermont Global is in talks to launch hotel and casino resorts in South Africa, Mozambique, Angola and Uganda as it expands in Africa to keep profits rising.
Company Sells Interest in South African Casino
28 Dec 2004
Caesars Entertainment Inc., the world's largest casino company, has agreed to sell its 25 percent of a South African casino to Peermont Global Ltd. for $145 million.
South African Casinos Win Big
19 Oct 2004
International News Brief: Gambling in South Africa has made a few people wealthier and left most casino visitors worse off. It's the casino operators who've really hit the jackpot.
Global Resorts Plans International Expansion
21 May 2004
International News Brief: South Africa’s Global Resorts was about to launch an expansion plan that would include casinos and hotels in the US, Australia and India as well as other African countries.
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