Sun International posts robust financial growth fuelled by surge in online gaming across 2024

Philippa Larkin

Sun International, the South African gaming and hospitality group, reported a better-than-expected financial performance for the year ended December 31, driven by significant growth in its online gaming division, Sunbet. Sun International CEO Anthony Leeming said: “Our omnichannel approach has helped the group navigate the evolving gaming environment and with our significant growth in Sunbet we continue to see growth in our gaming revenue.” The results, released on Monday, reflect a resilient omnichannel portfolio amid a challenging macroeconomic environment. Adjusted headline earnings per share (Heps) rose 13.5% to 531 cents, up from the previous year, translating to adjusted headline earnings of R1.3 billion, a 13% increase. The board declared a final gross cash dividend of 237c per share, up 16.7% from 2023, bringing the total dividend for the year to…

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Star South Africa (Digital) - 1 Issue, 2025-03-18

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