Day: November 20, 2014
- Africa
New report reveals Africa’s gambling revenues moderate amidst faltering economic climate
Gross gambling and casino revenues showed subdued growth in 2013 in the wake of a faltering economy. Gross gambling increased only 4.3%. The slowdown in gross gambling revenue was centered on casinos, the largest category at 76% of the market or R16.5 billion. Some casino operators in certain regions believe the slowdown in 2013 was due in part to growing…
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Africa’s Latest False Choice
By Mahamoud Ali Youssouf Djibouti – With the rise of Asian economies and their desire to play a greater role on the world stage, it has been suggested that Africa should choose between keeping its partnerships with the West and embracing new alliances with the East. This is the same false choice that African countries were told that they had…
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