Speculation Mounts about Pigg’s Peak Closure
There is increasing speculation that Casino Enterprises will cease trading, following a South African court ruling.
A leaked email from Casino Enterprises to its employees has triggered feverish rumors that the company, trading as Pigg’s Peak online casino, is set to cease operations at the end of November.
The email stated that Casino Enterprises will continue to trade until the end of next month, but offered no information about the more distant future. The closure would result in 50 job losses.
A court ruling against Pigg’s Peak online casino is cited as the cause of the reputed closure. Following years of tangled litigation and rejected appeals, a South African court ruled definitively that only players from outside South Africa can use Pigg’s Peak online casino.
As 90% of Pigg’s Peak customers are based in South Africa, the ruling was a heavy blow for the company. Players in Swaziland and Namibia are unaffected by the ruling, but all its South African players have now been advised to make immediate arrangements for withdrawal. Any players or operators found in breach of South Africa’s rules will be prosecuted.
A statement from Pigg’s Peak’s South African branch manager read, “We will continue to operate fully at least until the end of November as per the previous staff meeting we had with the directors.” The statement also advised that the directors would be in Swaziland this week to address a staff meeting about the next steps, although further details of this meeting have not yet been released.
Meanwhile, the Swaziland branch manager of Pigg’s Peak, Muzi Dlamini, refused to answer questions, referring all enquiries to the South African branch.
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