Sun City owner prepares for retrenchments
- Sun International initiates formal consultation process under section 189A of the Labour Relations Act, signalling upcoming retrenchments for the group.
- The company's income growth comes mainly from its online gambling segment, which saw 35.5% year-on-year income growth, while its land-based casinos and hospitality sector saw muted improvements or losses.
- The company's CEO, Ulrik Bengtsson, attributes the growth to operational improvements and initiatives, and notes that the results are 'tangible' and 'delivering'.
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