PDF 25 MB - Sun International | Investor Centre
PDF 25 MB - Sun International | Investor Centre
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 />
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