UK-based casino operator Metropolitan Gaming has sold its stake in South Africa’s Emerald Resort and Casino to a local consortium
UK-based casino manipulator Metropolitan Gaming has sold its stake inwards South Africa’s Emerald Resort and Casino to a local consortium.
Tsogo Sun, a gaming and hospitality group headquartered inwards Johannesburg, led the tender to win Metropolitan’s interest group inward Emerald.
The prop is located inwards the metropolis of Vanderbijlpark, which in turn is situated on the Vaal River in South Africa’s Gauteng province.
Michael Silberling, CEO of Metropolitan Gaming, verbalised his gratitude to Emerald’s stream and former squad members.
He commented: "We require to thank all our employees at Emerald Resort and Casino past and represent for their concentrated work, professionalism and loyalty, in particular during the worldwide Covid-19 pandemic.
“We rattling much looking forrard to following their forward motion and successes over the years to come.”
This sale is parting of an effort past Metropolitan to focus its resources elsewhere, videlicet the UK and Egypt.
Headquartered inwards London, Britain is Metropolitan’s place marketplace and has, in recent months, been the focusing of significant investment.
The grouping currently operates half a dozen cassino licences inward London and ogdoad branded casinos end-to-end the UK, including the Park Lane Club, whose purchase was completed inward June.
What’s more, put to work is underway on the refurbishment and rebranding of Metropolitan’s Mayfair property, scheduled to reopen later this year.
Regarding Metropolitan’s strategy, Silberling remarked: “Following the addition of the iconic Mungo Park Lane Club to our portfolio of casinos inward the UK earliest this year, the sale of our interest group in Emerald Resort and Casino reflects our focussed strategy to enthrone in and make grow the business organization within our primary feather markets.”