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South African Casino Association Opens Headquarters

14 July 2004

SOUTH AFRICA – As reported by the South African Business Day: "Providing further impetus for the growth of Cape Town's central business district (CBD), the Casino Association of South Africa (Casa) has recently opened its national headquarters in the city centre.

"Casa represents the commercial casino segment of South Africa's gaming industry. In just six years this new industry has been responsible for approximately R12-billion in new investment in all nine provinces, adding more than R36-billion to South Africa's gross domestic product (GDP) in terms of economic multipliers.

"…Casa CEO Derek Auret said that the decision to locate Casa's headquarters to Cape Town was determined by a number of factors.

"'One of Casa's principal activities is to make a positive contribution to the evolution of good policy in respect of the gaming industry, meaning that we need to engage government constructively and regularly. Now that it seems Parliament is destined to remain in Cape Town, it makes obvious good sense for Casa similarly to be based here.'…"

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