Sun International reports solid half-year casino and hospitality results

SUN International delivered a solid interim financial performance as the benefits from its omnichannel approach and diverse gambling and hospitality assets started to pay off.

- EDWARD WEST

Adjusted headline earnings increased by 5.9% to R555 million for the six months to June 30, translating to adjusted headline earnings of 229 cents per share, a 6.5% increase over the prior period. An interim dividend of 172 cents per share reflected a 6.8% increase.

The chief executive since July 1, 2025, Ulrik Bengtsson, said in an interview with BR he was still at a stage where they were looking at all the businesses and assessing areas of potential growth. He would release more details of that process at a later stage.

He said that the interim results reflected a “solid performance”, particularly the Sunbet Group, which had increased income by 70.7% due to an increased volume of activity and deposits.

The Sun Slots strategy also showed positive outcomes, with income improving by 2.2% to R701m. Sun Slots' strategy aimed to grow gross drop revenue per machine and also to increase income from Type B license rollouts-these are typically low-stakes machines found in pubs, clubs, and on-casino venues.