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Tsogo Sun Gaming Sale Pending

The sale of the South African subsidiary of Century Casinos to Tsogo Sun Gaming was to close on June 30. An amendment to the original sale agreement has Tsogo Sun waiving its right to await final approval by all regulatory agencies involved. The sale has been green-lighted by three of the four agencies with veto power. Only the KwaZulu-Natal Gambling Board has yet to sign on. At closing on June 30, Tsogo Sun was to pay Century Casinos ZAR 254 million net cash, about million.

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