If the Price is Right
KaiRo International’s business model is to build and sell
“In Africa, I see the big public gaming companies moving beyond southern Africa,” says John A. Robbins.
“I can see us merging or being bought out at some stage. In South Africa, there are 40 [gaming] licences and they are making a lot of money. It’s a very, very, good business, but they can’t expand. A lot of them looked at the UK, until that became a farce,” he adds.
“All over the world, Sol Kerzner, for example, has been looking at other markets. He looked at Singapore. He’s got involved in The Atlantis, a leisure resort in Dubai, though there’s obviously no casino there.
“Build, operate and sell. That was the plan and that’s what we’ve done. I think we’ve been involved in setting up more than 20 casinos over the last 15-16 years. If someone comes and offers you the right price, why not?
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