Peermont Hotels, Casinos and Resorts is a hospitality and gaming company that operates in South Africa and Botswana. Peermont has an excellent track record in the design, development, management, ownership and operation of multi-faceted integrated resorts, including hotels, casinos, convention centres, retail centres, health spas, restaurants, bars and other sport and entertainment facilities. In May .jpg)
2007 the Mineworkers Investment Company ("MIC") led a consortium that included management and community trusts in a buy-out of Peermont valued at approximately R7.3 billion, the first and largest public to private broad-based black economic empowerment ("B-BBEE") transaction in South Africa at the time. The effective B-BBEE economic interest in Peermont established it as a leader in the gaming and hospitality industry - and touching well over a million South African lives. Peermont's competitive status is achieved by combining powerful shareholders, entrepreneurial management and corporate values with exceptional service, high quality products and incredible attention to detail.
Peermont also respects the traditions of local communities and prides itself on its Corporate Social Investment ("CSI") initiatives in disadvantaged .jpg)
communities. Peermont operates a total of 14 properties, nine in South Africa and five in Botswana. Collectively, these 14 properties offer 3 251 slot machines, 149 gaming tables and 1 675 hotel rooms. By design, therefore, Peermont operates in the casino, hotel and convention markets - different industries with different target markets, yet offering considerable synergies.
Peermont Hotels, Casinos and Resorts include:
Emperors Palace Hotel Casino Convention Entertainment Resort, Johannesburg; Graceland Hotel Casino and Country Club, Secunda; Mondazur Hotel and Spa at San Lameer, KwaZulu-Natal; Frontier Inn & Casino, Bethlehem; Umfolozi Hotel Casino Convention Resort, Empangeni; Rio Hotel Casino Convention Resort, Klerksdorp; Khoroni Hotel Casino Convention Resort, Thohoyandou; Taung Hotel Convention Resort, Taung and Mmabatho Palms Hotel Casino Convention Resort in Mafikeng. In Botswana, Peermont owns and manages The Grand Palm Hotel Casino Convention Resort and the Mondior hotel in Gaborone; the Metcourt hotel as well as the Sedibeng Casino in Francistown and Syringa Casino in Selebi Phikwe.
GALLERY
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