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PDF 25 MB - Sun International | Investor Centre

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AT A GLANCE<br />

2. PROTECT OUR BUSINESS<br />

The success of our business rests in part on our ability to retain our existing casino licences and improve our operations.<br />

WHAT WE ACHIEVED<br />

Our MVG programme maintained its position as the premier casino rewards programme in Africa.<br />

Our Monticello MVG database continued to grow at a rate of almost 400 people per day and the monthly visitor average<br />

was 99 500.<br />

The Wild Coast <strong>Sun</strong> secured its casino licence for a further ten year period to August 2019.<br />

In the 2009 <strong>Sun</strong>day Times Business-to-business Top Brands survey, the group was voted first in the hotel brand category and<br />

our brand ambassador, Charlize Theron, was voted the third most recognised South African personality.<br />

We remain an active participant of CASA and <strong>Sun</strong> <strong>International</strong>’s Chief Executive, David Coutts-Trotter, is CASA’s current<br />

chairman.<br />

Following the conclusion of an extended consultation process, the ECGBB issued a new casino license to Emfuleni Resorts to<br />

operate The Boardwalk Casino and Entertainment World for a period of 15 years, effective 3 October 2010.<br />

OUR CHALLENGES<br />

In the Western Cape, GrandWest’s ten-year casino exclusivity in the Cape Metropole expires in December 2010. The<br />

Provincial Government of the Western Cape (PGWC) is considering whether to permit one of the other casino licence holders<br />

in the province to relocate to the Cape Metropole and is engaging interested stakeholders before taking a final decision. The<br />

PGWC has indicated that it would seek to extend GrandWest’s exclusivity to enable proper completion of this exercise<br />

and any consequential processes.<br />

OUR OBJECTIVES<br />

IN THIS SECTION:<br />

GrandWest<br />

Deliver and enhance our brand promise of, ‘A Million Thrills. One Destination’.<br />

JOINT REPORT OF THE CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICER continued<br />

The group understands and appreciates that stakeholder perceptions shape its corporate reputation and strives to engage<br />

with all stakeholders. A particular focus in the year under review has been with the group’s internal stakeholders and the group<br />

will focus on enhancing its external stakeholder engagement in the forthcoming year, while improving on its commitments to<br />

internal stakeholders.<br />

Continuous improvement p36 Protect and grow market share p40 Protect and grow our brand p43<br />

Deliver and enhance our brand promise p43 Significant focus on costs p43<br />

Monitor casino regulatory environment p44 Enhance corporate reputation p44<br />

35

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