Gold Reef City Casino to invest R240m in upgrading facilities
Gold Reef City Casino will be investing R240-million in a 17-month development and refurbishment programme that will see the casino add a range of new facilities to its premises, as well as revamp the look and feel of existing interiors.
The casino has earmarked R240-million of capital expenditure for the project, which includes the construction of a new smoking casino, a Gold Card lounge and an entertainment venue. The fast food areas, the Salon Prive, the main gaming floor and ceilings in front of house areas will all be refurbished.
Development work started early in July and is expected to be complete by November next year. Construction will take place over four phases.
The new developments follow the remodelling of the Globe Theatre and completion of 1 400 covered parking bays during the last financial year.
“The casino opened its doors more than six years ago and has constantly invested in upgrading its facilities. However, this latest project is the largest development we have undertaken since the construction of Gold Reef City Casino,” Bongani Biyela, executive director and GM at Gold Reef City Casino said.
Northpoint, which worked on several other casino-related projects, has been appointed as the architect and interior designer for the project.
“Gold Reef City Casino, due to its market presence and size, is the flagship operation of the JSE-listed Gold Reef Resorts group. The latest investment into the property will ensure that the casino is able to maintain its stellar growth rate and performance into the future,” Biyela said.
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