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Online betting pushes gambling operator to offload casino

Summary by The South African

Tsogo Sun quietly announced it would sell its Welkom casino as it lowers its earnings forecast. The news came in its consolidated annual financial statements (AFS) for the year ending 31 March 2026. This marks the first casualty in a new gambling landscape dominated by online betting. Online betting Makes it Tough to Operate Small Casinos The Goldfields Casino in the Free State is arguably the smallest in Tsogo Sun‘s stable, with only 250 slot m…

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The South African

Online betting pushes gambling operator to offload casino

Tsogo Sun quietly announced it would sell its Welkom casino as it lowers its earnings forecast. The news came in its consolidated annual financial statements (AFS) for the year ending 31 March 2026. This marks the first casualty in a new gambling landscape dominated by online betting. Online betting Makes it Tough to Operate Small Casinos The Goldfields Casino in the Free State is arguably the smallest in Tsogo Sun‘s stable, with only 250 slot m…

26 days ago·Cape Town, South Africa

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100% Left

Bias Distribution

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100% Left

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The South African broke the news in Cape Town, South Africa 26 days ago on Friday, July 31, 2026.

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