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Sun International
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 | |
| Industry | Gambling Hospitality |
|---|---|
| Founded | 11 July 1967 |
| Founder | Sol Kerzner |
| Headquarters | Sandton, Johannesburg, South Africa |
Area served | Southern Africa Chile |
Key people | Anthony Leeming (CEO) |
| Brands | SunBet Sun Slots Sun Vacation Club |
| Revenue |  R12.09B (2023) |
| R1.21B (2023) | |
| Total assets | R13.57B (2023) |
| Total equity |  R2.01B (2023) |
Number of employees | 7,340 (2023) |
| Website | suninternational |
Sun International is a South African gambling and hospitality company, founded by Sol Kerzner in 1967.[1]
Sun International owns diverse assets, including the Sun City resort in Ledig, in the North West Province, and the online betting platform SunBet.[citation needed]
Specializing in gambling and hospitality, the company has 42.5% of the South African casino market share,[1] and owns or holds a significant interest in 11 out of the 38 operating casinos in South Africa.[2]
History
[edit]The hotel business traces its roots back to 1967, when the Southern Sun Hotel Company was created after South African Breweries and the South African businessman Sol Kerzner joined forces.[3] By 1983, Southern Sun Hotels was operating a large portfolio of hotels in southern Africa.[4]
In 1983, Kerzner broke away from South African Breweries, retaining Sun City and the other casino hotels located in the areas that South Africa had designated as "independent homelands", the business was named Sun International (South Africa).[4][5] Southern Sun retained the company's other hotels in South Africa and remained focused on the hotel market rather than casinos.[3]
In 1984, Sun International was listed on the Johannesburg Stock Exchange through Kersaf Investments Limited, which raised capital for expansions at Sun City.[5]
In 2000, Southern Sun sold its stake in Sun International to Kersaf Investments Limited, which continued to acquire minority interests in Sun International.[1]
In 2004, Kersaf Investments Limited merged with Sun International to form Sun International Limited, the company that exists today.[6] In early 2015, Sun International sold its hotels in Botswana, Lesotho, Namibia and Zambia to Minor International.[7] Since mid-2015, these have been run as hotels of the Avani Group.[8] As of 2023, Sun International Limited owns or is involved in 13 hotels, casinos, and resorts.[9]
Properties
[edit]
Sun International's operations include integrated resorts, luxury hotels, limited-payout machine slot routes, and casinos.[9]
| Country | Location | Resort |
|---|---|---|
 Nigeria
|
Lagos | The Federal Palace Hotel |
 South Africa
|
Brakpan | Carnival City Casino and Entertainment World |
| Kimberley | Flamingo Casino | |
| Cape Town | Grand West Casino | |
| Worcester | Golden Valley Casino | |
| Polokwane | Meropa Casino and Entertainment World | |
| uMhlanga | Sibaya Casino and Entertainment Kingdom | |
| Ledig | Sun City | |
| Pretoria | Sun Bet Arena at Time Square Casino | |
| Port Elizabeth | The Boardwalk Casino and Entertainment World | |
| near Port Edward | Wild Coast Sun | |
| Bloemfontein | Windmill Casino and Entertainment Centre |
Sun City Resort plays host to the Nedbank Golf Challenge annually.[9]
See also
[edit]References
[edit]- ^ a b c "History: The Sun International Journey". Sun International. Retrieved 4 October 2017.
- ^ "Casinos by the National Gambling Board". National Gambling Board.
- ^ a b "So long, Sol". Daily Maverick. 22 March 2020.
- ^ a b "Kerzner International Limited". International Directory of Company Histories. Gale.
- ^ a b Conneller, Philip (23 March 2020). "Sol Kerzner: South Africa's 'Sun City' Casino Supremo Dead at 84". Casino.org. "Zero1Gaming". Retrieved 9 June 2026.
- ^ "Notification of Decision to Approve Merger" (PDF). Competition Tribunal. 25426: 19. 12 September 2003. Archived from the original (PDF) on 17 August 2018. Retrieved 4 October 2017.
- ^ "Sun International to Dispose of African Assets. CNBCAfrica, 12. February 2015".
- ^ "Nachrichten am Mittag | Hitradio Namibia". 23 July 2015. Archived from the original on 23 July 2015. Retrieved 24 April 2022.
- ^ a b c "About Us". Sun International. Retrieved 4 October 2017.
Companies based in Greater Johannesburg | |||
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| Diversified conglomerates | |||
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| Hospitality | |||
| ICT | |||
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| Mining | |||
| Retail and marketing | |||
| Restaurant franchises | |||
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| State-owned enterprises | |||
