Two Machines Installed and Live with Three Planned for January Install
CHARLOTTE, N.C., Jan. 03, 2019 (GLOBE NEWSWIRE) — Chanticleer Holdings, Inc. (NASDAQ:BURG) (“Chanticleer” or the “Company”), owner, operator, and franchisor of multiple nationally recognized restaurant brands today announced that it has been awarded a gaming license for its Durban South Africa Hooters location.
Two gaming machines were successfully installed in December and are now live and contributing to revenues. The Company expects three additional machines to be fully installed and live in January bringing the total gaming machines to five for this location. The Company anticipates being awarded additional licenses for its other South Africa locations, excluding its Emperor’s Palace Casino location.
Mike Pruitt, Chanticleer Holdings Chief Executive Officer stated, “We are pleased to have been awarded a gaming license on the heels of a nearly yearlong process now allowing for the installation of gaming machines in our Durban Hooters location. We believe this license has the potential to pave the way to adding gaming to our remaining South Africa locations providing a strong and complementary new revenue vertical. Durban is our original flagship location and houses our South Africa corporate office.
Chanticleer owns and operates five Hooters restaurants in South Africa, one in Durban, three in Johannesburg and one in Pretoria.
About Chanticleer Holdings, Inc.
Headquartered in Charlotte, NC, Chanticleer Holdings owns, operates, and franchises fast, casual, and full-service restaurant brands, including American Burger Company, BGR – Burgers Grilled Right, Little Big Burger, Just Fresh, and Hooters. For more information, please visit: www.chanticleerholdings.com.
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Contact Information:
Investor Relations
Jason Assad
678-570-6791
[email protected]
