The Competition Commission (Commission) has recommended to the Competition Tribunal (Tribunal) that the proposed merger whereby Sun International (South Africa) Limited (SISA) intends to acquire Maxshell 114 Investment (Pty) Ltd (Maxshell) be prohibited.

Casino industry will effectively be reduced to two big rollers Tsogo Sun and Sun International.

Redefine Properties appoints Leon Kok as financial director effective October 1.

Hotel and casino operator Grand Parade Investment shares were down 4.87% to R3.71 on Friday after it said that talks with Peermont had ended.

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