Rival bid likely for Eastern Cape casino licence

BOARDWALK FACES COMPETITION

Located on Port Elizabeth’s beach front the Boardwalk Casino & Entertainment World offers a Victorian elegance. There are four hotels, a convention centre, speciality shops, cinemas, restaurants, an amphitheatre and facilities for children’s entertainment. The Eastern Cape property of Sun International also has a casino with 21 gaming tables and 766 slot machines. The casino licence will be up for renewal next year.

Black Empowerment group Embo Project Management, a consortium based in Port Elizabeth, has announced it will be bidding for the casino licence presently held by Emfuleni Resorts with major shareholders Sun International and BEE company Zonwabise. Emfuleni Resorts has confirmed that it will seek renewal of its licence, the only one available for the Nelson Mandela Bay area.

The eight-man Embo board will apply for the licence under Casino Bid Nelson Mandela and sites are already under consideration for a new entertainment centre that could be built by 2010, if the bid is successful. The board is hoping to choose a strategic partner with expertise in casino management and to obtain the licence for a wholly black-owned consortium. The Boardwalk was opened in 1990 at accost of R533 million. (E-12.07.07)

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