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Old March 16th, 2007, 03:58 PM   #1
Mo Rush
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#Grand Arena - 5 000 - Grand West | Complete

Major upgrade for popular complex

By Bob Kernohan Business Editor

GAMBLING on the good economic times rolling on, the Boardwalk Casino and Entertainment World in Port Elizabeth is investing R7,5-million this year in upgrading its facilities – and has bold plans possibly to spend many times that in the build-up to the 2010 Soccer World Cup.

General manager Mervyn Naidoo disclosed the plans yesterday after the complex was named an economic champion of the Eastern Cape in recognition of its “outstanding accomplishments in fostering and supporting a culture of excellence in service delivery”.

The award was presented earlier in the week in East London by Economic Affairs MEC Mbulelo Sogoni.

Naidoo said the complex had been nominated for the award by the provincial gambling board, part of the reason being that it contributed 48% of the revenue the regional government collected from casinos.

That had totalled R31-million in the last financial year.

Also, next to the Eastern Cape‘s beaches, the Boardwalk was the second most popular tourist attraction in the province, surveys had shown, said Naidoo.

Since opening seven years ago, it had attracted more than 18-million visitors, employed 1 000 people, paying them close to R53-million a year, paid rates and taxes of R1,1-million, and did business worth R11,2-million with contractors, most of them local and many of them black economic empowerment operations.

But, said Naidoo, the complex wanted to do much more, especially in the build-up to 2010. Projects this year would include a R2-million refurbishment of the amphitheatre, R3,5-million in providing 500 additional parking bays on the beach side of the complex, and the installation of a R2-million laser-light attraction.

Naidoo was more cagey on future plans, but indicated that there was room for expansion for the complex retail and restaurant components, as well as for more space to be provided on the casino floor. Plans were still being drawn up and ideas discussed.

Asked if the expansions would cost as much as the original R533-million, Naidoo said it was difficult to say, but that the expansions would be “bold and ambitious” and would lead to major investment if approved.

They would have to be finalised and approved by shareholders Sun International, the local board of Emfuleni Resorts, chaired by entrepreneur Khusta Jack, and stakeholders like the Zonwabise empowerment group.

“Sun International has just invested R450-million in upgrading and expanding the Grand West Casino in Cape Town, so they are prepared to spend big money.”

Naidoo also said the Sun operation was looking at long- term expansion programmes in Russia, Egypt and other parts of Africa.

Summing up the prospects for the region, Naidoo said everyone involved locally and nationally with the complex were extremely positive about the region‘s potential, especially after the initial agreement on the Alcan aluminium smelter being based at Coega.

“The motor industry is enjoying record sales, the local commercial and residential property markets are doing well – you just have to look around and see the building going on all over Nelson Mandela Bay to know that – and the tourism industry is building up ahead of the World Cup. It should be win-win for everyone.”

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Old March 16th, 2007, 04:03 PM   #2
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5,000 Seat superbowl

EXPANSION PROJECT UNDERWAY

Having received final approval from council, construction on the new improved Salon Prive and Smoking Casino is underway. One of our primary objectives is to minimise the impact on our guests and associates as much as possible. The scope of work includes preparing the outside pool area for incorporation into the new salon prive. This means that we will be draining the pool, where-after it will demolished. In order to shield the guests from the dust and noise whilst this is happening, the glass doors leading onto the pool area will be locked and the curtains drawn, hoarding will also be placed on the outside to assist with the noise reduction.

Further along in the district you may have noticed that the Good Hope Suites has been closed, and is currently being stripped of all fittings and fixtures in preparation for their incorporation into the smoking casino. Needless to say these areas have now become construction sites and in line with ensuring the highest levels of safety and security, they are no-go areas to all except authorised personnel. The authorisation process for access to all these sites is controlled via Paul Sorour's office and all queries should be directed there.

NEW AND EXCITING FACILITIES TO LOOK FORWARD TO

MVG Parking Garage - an additional ± 1040 parking bays for Platinum Card Holders will be built next door to the existing MVG Platinum parking garage.

Smoking Casino - the Good Hope Suites which will form part of the new smoking casino will house an additional 1 000 slot machines to take our overall total number of slots to 2 500. This area will also boast its own cash desk and MVG Lounge, and pit 2(24 tables) will be relocated to the new smoking casino, whilst three service bars and a “Golden Anchor“-type restuarant will complete the new servcie offering.

Multi-Purpose Venue / Arena - this 5 000 seater venue will allow us to host lots more shows into the future and will add to the guest experience. It will have it's own pre-assembly areas and hospitality areas, and it is rumoured to become the Grandest Superbowl of them all.

Covered Oustide Walkway - the current Marble Walkway in front of the main floor will be incorporated into the areas designated for gaming and hence no children will be allowed to walk through. But to compensate for this loss, a covered walkway will be constructed around the outside of the building so that families wishing to utilise the restuarants in the district may do so and also to allow crossover from the foodcourt areas to the district, these walkways will be constructed to match the facade of the building.

Family Restuarant - it has become necessary to offer a family type restuarant at GrandWest to cater for the demand of our guests. This new restuarant will be situated close to the newly positioned Wimpy.

REMODELLING OF EXISITING FACILITIES

New Salon Prive - the current Salon Prive will undergo a make-over

Wimpy - a new Wimpy will be constructed

Magic Company - will include a state of the art Bowling Alley and Video Arcade, and the Fort will be revamped and the product offering enhanced and renewed

Main Floor - the main floor will be re-arranged and will become a non-smoking area, the Golden Anchor will revert back to a restuarant and bar, so all the slot machines will be removed.
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Old March 16th, 2007, 04:10 PM   #3
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Top performing casino

Tue, 20 Feb 2007

South African hotels and gaming group Sun International on Tuesday reported a 32 percent increase in diluted adjusted headline earnings per share to 328 cents for the six months ended December 2006 from 248 cents for the same period a year ago.

An interim dividend of 185 cents per share was declared — up 37 percent from the interim dividend a year ago.

Group revenue was up 15 percent to R3.4-billion, which with improved margins resulted in a 23 percent increase in EBITDA to R1.2-billion. Adjusted headline earnings of R373-million were 37 percent higher than the previous year.

The group reported that all business units contributed strongly.

Gaming revenue was 16 percent ahead of the previous year.

More disposal income boosts revenue

Chief executive David Coutts-Trotter said the improvement in revenue was primarily attributable to increased levels of disposable income.

GrandWest achieved strong revenue growth of 13 percent, while EBITDA of R336-million grew 16 percent, reflecting improved operating margins despite higher casino levies.


Carnival City generated revenue growth of 12 percent. However, market share was diluted to 17.1 percent in the six months, 0.5 percentage points lower than last year, mainly due to a decline in table volumes. Margins nevertheless improved with EBITDA growing 22 percent to R154-million, the group said.

Sibaya grew revenues 10 percent to R318-million, with gaming revenues 14 percent ahead of last year. Sibaya's outsourced contract on food and beverage was amended, resulting in these revenues being excluded in the current year. EBITDA grew 27 percent to R103-million with the overall EBITDA margin improving significantly to 32 percent due to increased efficiencies and the contract amendment. Boardwalk also performed well, achieving growth in revenue and EBITDA of 11 percent and 15 percent ahead of last year respectively.

Room occupancy hits 73%

Rooms’ revenue was up 16 percent at R386-million. Group occupancy of 73 percent was 2.1 percentage points ahead of last year, while the average room rate increased by 10 percent to R777, reflecting increased volume growth in particularly the international individual tourist market.

Sun City enjoyed an overall occupancy of 79 percent, three percentage points ahead of last year, while the average room rate of R1016 improved by nine percent from the previous year. The Table Bay achieved occupancy of 70 percent, four percentage points more than last year, while room rates grew by 11 percent to an average of R1544 compared to last year.

The group's Zambian operations traded very well during the period under review, with an occupancy rate of 75 percent, six percentage points above last year, while the average room rate increased nine percent to $148.

Management fee income was up 20 percent at R278-million.

GrandWest expansion on track

Coutts-Trotter said that GrandWest's expansion had progressed well with the first phase of the expansion already opened in December. The expansion remains on schedule with the smoking casino due for completion in June 2007 and the arena in October 2007. Forecast costs had increased to R450-million due to higher building costs.


"The Golden Valley Casino in Worcester was completed within the targeted spend of R150-million, opening in November 2006. The casino has traded satisfactorily, with R12-million in revenue generated during the first forty days of trading. A further R65-million will be spent on a 98-room hotel which will complement the casino facilities. Construction commenced in February and is set for completion by the end of 2007," he said.

Sibaya Lodge well received

The 118-room Sibaya Lodge opened in October 2006 and has been well received in the market. The project was completed at a cost of R80-million, he noted.

"Construction on the additional 57 rooms at Carnival City started in August and is scheduled for completion in April 2007 at a cost of R50-million. The phased R200-million Sun City Hotel refurbishment commenced in February and will be completed during the last quarter of 2009. The R23-million refurbishment to the Cabanas rooms is due for completion during the fourth quarter of the current financial year," he added.

Strong growth should continue

Looking ahead, Coutts-Trotter said that the strong growth in casino revenues should continue into the second half of the year, while the group's hotels and resorts should benefit from the ongoing growth in inbound tourism.

"As a result, the group expects similar growth in EBITDA from its operations for the full year. However, earnings were significantly enhanced in 2006 by an exchange gain of R52-million (47.3 cents per share) which is not currently anticipated to recur in 2007. Accordingly, growth in adjusted headline earnings per share for the full year is likely to be below that achieved in the first six months of the year," he concluded.
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Old June 10th, 2007, 12:13 AM   #4
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5,000 seat Arena to be unveiled in October

GrandWest best in the Western Cape
Wednesday, May 30, 2007

Highest rated destination in entertainment


GrandWest Casino and Entertainment World was recently voted as the top entertainment destination in the Western Cape. The accolade is based on the results from a survey among government officials, CEOs and MDs of leading Western Cape businesses. The PMR Golden Arrow award was presented to GrandWest as the most nominated and highest rated destination in the entertainment category. Last year the complex also took the title against stiff competition from the Victoria and Alfred Waterfront and Ratanga Junction. Sun International's latest financial results show GrandWest posting a gross profit of R336-million, making the unit the most successful in the country, and outstripping other destination favourites such as Sun City. But, according to GrandWest general manager, Graham Vass, more than 67% of visitors to the complex are attracted by entertainment on offer over and above the casino experience. "The majority of our guests come for the restaurants, the shows, Hanover Street and the children's facilities.


From conceptualisation, GrandWest has always been focused on adding value to our visitors' experiences, and clearly our multi-purpose approach is a winning recipe. "We are currently working towards completing our R450-million expansion programme by October which will see an additional 1800m2 added to our entertainment facilities and 5000m2 to the casino floor. When that happens we aim to offer our customers an entertainment experience that outdoes even ourselves." In addition to the extra casino floor space, expansion plans in the Fast Food Court have included a new Spur, Nando's and KFC as well as an upgraded Wimpy. The new ten pin bowling alley, to be opened in August, offers further family appeal. The final feature to be unveiled in October will be the multi-purpose arena capable of seating up to 5000 people, making it an ideal venue for events, launches and conferences. The stadium will also host large local and international acts with standing room for 7000 people.
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Old August 31st, 2007, 07:07 PM   #5
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Labour inspectors issue four notices at GrandWest site

By Jade Witten

Health and safety inspectors have given the thumbs down to the building site of the multipurpose, 5 000-seater arena at GrandWest.

Provincial Labour Department executive manager Thobile Lamati said the site, which was inspected yesterday, was not as safe as it should be and four contravention notices would be served.

The department has inspected a number of construction sites during the week including the Green Point Stadium.

Lamati said workers at GrandWest were using grinders without wearing the correct protective clothing and equipment, such as earplugs.

Manholes were not barricaded, which posed a danger to workers. "Workers could sprain their ankles or break their legs," he said.

Some workers were using scaffolding that was not suitable for use and broken stepladders were lying around on the floor.

The general "health-keeping" on site was bad, he said.

The company had a safety policy in place but its implementation was not evident.

WBHO managing director Nick Mckinley said the visit was fruitful and added value to safety on site.

"The department gave constructive criticism and the development of a team approach was emphasised. We agreed to develop a close relationship," said Mckinley.

The contraventions would be attended to within the next few days.

On Wednesday the labour inspectors visited Green Point Stadium and gave it the thumbs up.

A full report on the findings will be released today.

Published on the web by Cape Argus on August 31, 2007.
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Old August 31st, 2007, 07:11 PM   #6
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Grand West's Grand Arena - Enrique Iglesias Concert

Biz-Community (Cape Town)

NEWS
30 August 2007
Posted to the web 30 August 2007
Cape Town

94.7 Highveld Stereo, 94.5 Kfm and Big Concerts announced yesterday, Wednesday, 29 August 2007, that they are bringing singing sensation and multi-million-album seller Enrique Iglesias back to South Africa. The talented singer will be performing at the Coca-Cola Dome in Johannesburg on 21 October and at Grand West's Grand Arena in Cape Town, on 25 October.

Primedia Broadcasting's group music programme manager Ravi Naidoo says, "Enrique is one of the most successful contemporary pop artists over the last five years. His appeal crosses both youth and adult markets, and is a core artist to both 94.7 Highveld Stereo and 94.5 Kfm. Enrique has featured consistently and highly on both station playlists, and we're very excited to be bringing this international superstar to SA."

Iglesias has two Grammys, five World Music and three American Music Awards and more under his belt, and has sold 40 million albums in little over a decade, becoming one of the most successful artists in the history of popular music.

He is renowned for his charismatic live performance and for his ability to establish a rapport with his fans, keeping them on their feet from first song to last. Over 40 000 fans had that experience during his previous SA tour in 2004.
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Old August 31st, 2007, 07:12 PM   #7
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Please rename thread:

Grand Arena, Grand West - Cape Town - 5,000
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Old August 31st, 2007, 07:20 PM   #8
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Old September 3rd, 2007, 10:36 AM   #9
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cool, cape town needs another indoor arena type place, that Beville place is a bit run down
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Old September 3rd, 2007, 09:35 PM   #10
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Quote:
Originally Posted by Durbsboi View Post
cool, cape town needs another indoor arena type place, that Beville place is a bit run down
suprisingly it just hosted an Olympic Games cycling qualifier, its the surrounding area which was not built to cope with concerts etc.
The Grand Arena will have tons of parking, on site entertainment, services, shops etc. A really integrated experience.

The velodrome is owned by the city but might become privately operated when land is developed around the velodrome. The velodrome and track will be upgraded for about R100 million to act as a 2010 training venue.
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Old September 3rd, 2007, 09:42 PM   #11
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How come we have yet to have any images of this development???

Also it sounds like it is smaller than the velodrome, is that true? what is the capacity for concerts?
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Old September 3rd, 2007, 09:59 PM   #12
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How come we have yet to have any images of this development???

Also it sounds like it is smaller than the velodrome, is that true? what is the capacity for concerts?
I think its capacity in is similar to that of the ICC arena. The velodrome could fit about 10,000, but the seating wasn't really geared towards concerts, so it was mostly standing space. The new arena from the diagram seems to be built for concerts.
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Old September 4th, 2007, 05:34 PM   #13
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Does the seating go 360 degrees around? if so some will be lost for concerts. Also it takes 5000 seated, so I would imagine a total of 8000-9000 if all seats are allowed to be used.
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Old September 4th, 2007, 05:56 PM   #14
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Does the seating go 360 degrees around? if so some will be lost for concerts. Also it takes 5000 seated, so I would imagine a total of 8000-9000 if all seats are allowed to be used.
I honestly don't know.
What I do know is that it has 5,000 seats and that diagram is from the computicket website. Its amazing how little information there has been on this venue, considering its cape towns new concert venue.
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Old September 6th, 2007, 01:50 PM   #15
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thats true. Grandwest have not done a good marketing job on it. If the seating is 360 degrees like i believe it to, then a good 30-40% will be lost for a concert. Then taking into account standing you probably only get 6500 people in, which seems a bit too small for most concerts imo
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Old September 6th, 2007, 04:53 PM   #16
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Quote:
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thats true. Grandwest have not done a good marketing job on it. If the seating is 360 degrees like i believe it to, then a good 30-40% will be lost for a concert. Then taking into account standing you probably only get 6500 people in, which seems a bit too small for most concerts imo
well its hosting the enrique concert which is selling about 8000-10000 tickets.
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Old September 7th, 2007, 12:29 AM   #17
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Mary J to perform at Grand West
September 6, 2007

The Cape Town leg of Hip-Hop soul queen, Mary J Blige’s upcoming South African tour, will now be staged at The Grand Arena at Grand West.

Although currently under construction, the state of the art live entertainment venue will open its doors for the first time for this show.

The tour, brought to you by Metro FM, The Edgars Music Series, Channel O and Big Concerts, kicks off in Johannesburg at the Coca-Cola Dome on 18 October, before heading to the ICC in Durban’s on the 19th, and finishing off at the Grand Arena at Grand West in Cape Town on the 21st of October 2007.

The accomplished six-time Grammy Award winning R&B, soul, and hip-hop soul singer, songwriter, producer, and actress has sold more than 34 million records worldwide, and is known for her electrifying live performances
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. Following her previous South African concerts in 2000, the local media described her as having a "smouldering stage presence" during her performance to an audience of over 48 000 ecstatic fans countrywide.

Mary is capable of conveying heartache and happiness in a single musical phrase. Her emotional honesty reflects the great traditions of blues and soul, and has won her countless honors and a devoted, ever-growing audience around the world. Critics and fans alike will be floored by her powerful combination of modern R&B with an edgy rap.
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Old September 7th, 2007, 12:56 AM   #18
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8000 - 10000 seems a wild guess mr mo
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Old September 7th, 2007, 04:48 AM   #19
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Old September 7th, 2007, 01:27 PM   #20
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Quote:
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8000 - 10000 seems a wild guess mr mo
I don't think so. Whats the capacity of the ICC Arena that will also host a Mary J Blige/ Iglesias concert?

Grand Arena has 5,000 fixed seats, an additional 3,000 tickets for standing is quite reasonable. The venue has been built to be multi-purpose, both for concerts and other indoor events. I think its built along the lines of the ICC Arena but I wonder why there is basically no info about the arena that will be Cape Town's new main indoor entertainment venue.

Considering that Grand West is highly succesful in South Africa one wonders why they haven't been making noise about this venue.
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