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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Our market share<br />
South Africa<br />
Gaming revenue Gaming positions<br />
Province 2010 2009 2010 2009<br />
Gauteng 20.6% 20.8% <strong>25</strong>.3% <strong>25</strong>.3%<br />
Western Cape 82.6% 82.2% 71.7% 72.0%<br />
KwaZulu-Natal 35.4% 35.1% 33.0% 30.5%<br />
Mpumalanga – – – –<br />
Limpopo 77.0% 82.6% 72.5% 72.5%<br />
North West 78.1% 76.7% 74.9% 75.2%<br />
Northern Cape 83.7% 87.8% 62.0% 58.9%<br />
Eastern Cape 70.7% 70.5% 68.1% 68.1%<br />
Free State 51.7% 53.0% 51.0% 51.6%<br />
South Africa 42.1% 42.1% 42.9% 42.8%<br />
Statistics for the year ended March.<br />
Positions are 1 per slot machine and 6 per table.<br />
Sources: National and Provincial Gambling Boards, <strong>Sun</strong> <strong>International</strong> and CASA.<br />
The revenue from <strong>Sun</strong> <strong>International</strong>’s South African casinos declined by<br />
1% compared to the previous period, in line with the trends in the South<br />
African market. Accordingly, our share of the local market remained<br />
unchanged at 42.1%.<br />
Gauteng<br />
As a result of refurbishment disruptions on the casino floor, Carnival City<br />
reported a marginal decline in market share. Morula retained its market<br />
share in a highly competitive market.<br />
Western Cape<br />
The group’s share of the Western Cape casino market grew by 0.4% to<br />
82.6% despite the particularly difficult trading conditions in this province.<br />
KwaZulu-Natal<br />
Sibaya continued to trade well and increased its market share in the year<br />
under review, largely as a result of a marginal increase in positions which<br />
enhanced guest experiences, especially in the peak periods. The overall<br />
provincial market grew by 4% and our market share grew from 35.1%<br />
to 35.4%.<br />
JOINT REPORT OF THE CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICER continued<br />
2. PROTECT OUR BUSINESS<br />
Other SA<br />
The decline in market share in Limpopo from 82.6% to 77% can be<br />
attributed to strong revenue growth at the Khoroni casino in Thohoyandu<br />
following the refurbishment. Gaming revenue at Flamingo in the Northern<br />
Cape grew by 2.1% over last year. The decline in market share in this<br />
province from 87.8% to 83.7% may be due to inconsistencies in reported<br />
provincial gaming revenue.<br />
Fair share of the market, based on gaming positions, increased by 0.1%<br />
with increases in the number of positions at Sibaya (KwaZulu-Natal) and<br />
Flamingo (Northern Cape), offset partly by competitors increasing their<br />
number of positions in the Free State, Western Cape and North West.<br />
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