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Casino Stocks Post Euphoric Gains as South Africa Eases Lockdown

  • Investors expected sector to be among last to see curbs lifted
  • South Africa reopening economy even as virus cases multiply
poker chips GETTY Sub

Photographer: Lionel Bonaventure/AFP via Getty Images

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Shares in South African gambling and leisure companies shot up on Thursday after the government surprised traders by announcing plans to ease Covid-19 lockdown restrictions on the sector earlier than investors expected.