Sun International ups stake in GPI

Gaming and leisure giant Sun International has upped its stake in Grand Parade Investments (GPI), acquiring another 7.8% stake after snatching 10.56% just a little more than a week ago. This comes after GMB Liquidity Corporation bumped up its stake in GPI to more than 35.14%. GPI is Sun’s 15% empowerment partner at its cash-spinning GrandWest casino in Cape Town and other holdings include 30% of Sun’s highly profitable SunSlots.