KZNERA approves Hollywoodbets acquisition of Gold Circle in KwaZulu-Natal
KwaZulu-Natal Economic Regulatory Authority approved Hollywood Sportsbook Holdings’ acquisition of Gold Circle in KwaZulu-Natal, the report said. Hollywoodbets chief executive Suren Rampersadh said investment would continue, including upgrades to training facilities and racetracks; the report also said the deal would maintain about 6,000 jobs.
The approval gives Hollywoodbets control of Gold Circle and supports planned investment in KwaZulu-Natal racing facilities.