Tag Archives: john stuart

Phumelela ‘winds up business’ as it delists from JSE

Phumelela ‘winds up business’ as it delists from JSE

South African horse racing operator Phumelela Gaming and Leisure Group will delist from the Johannesburg Stock Exchange (JSE) in early 2021 as the company is broken up to repay creditors.  The heritage racing operator has faced financial difficulties for a number of months, following the forced closure of its racetrack venues due to South African coronavirus restrictions in May.  Johannesburg’s …

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Extensive new racing channel launches in Africa

Kiron Interactive has struck a deal with Phumelela Gaming and Leisure Limited to launch a fixed odds betting channel – including live British, Irish and South African horse racing, and virtual racing – in betting shops throughout Africa. The new satellite channel, named Racing World, will offer fixed odds betting on British and Irish racing (Jumps and Flat), South African …

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