Phumelela Hails Prelim Results

Will continue to invest in online to ensure further expansion

South African horse racing and totalizator betting operator Phumelela Gaming and Leisure Ltd, hailed preliminary audited results for the year ended saying it was pleased with the strong growth in fixed odds, international and soccer tote betting over the past 12 months.
The company reported a 54 percent increase in earnings per share to ZAR 163,62 cents, headline earnings per share up 41 percent to ZAR 164,51 cents and a 17 percent increase in final gross dividend to ZAR 70 cents.
"Diversifying and taking South African thoroughbred horseracing to the world has sustained our horseracing business in the face of strong cost pressures," a company statement said.
Interactive contributes 30 percent of local tote bets forming a key component of the company's future strategy. The Group said it will continue to invest in expanding this key side of the business.

Online Casino News Courtesy of Infopowa

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Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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