Teemane Casino. Te casino is located at the Mokala Lodge
Jwaneng which has 25 rooms, bars, swimming pool, conference room and a restaurant. Te Kings Casino Lord Cumberland Hotel in Lobatse is a
historic hotel located in Lobatse, Botswana. Lobatse is a town in south-eastern Botswana, known for its role as an administrative and commercial centre in the Southern District. Te Kings casino is located within the hotel. Takadu Casino located in the Takadu Hotel, Casino & Con-
ference Centre in Letlhakane. Letlhakane is a village located in the central region of Botswana.
GGR FOR THE HALF YEAR PERIOD According to the Half-Year Integrated Report Gambling Authority 2022/23 report Gross gambling revenue (GGR) for the period was BWP 104 958 348.62 representing a growth of 28.6% as compared to BWP 81 586 915.13 realised in the same period the previous year. Meanwhile entrance fees for the period stood at BWP 1 575 017.00 while the previous year BWP 1 297 942.00 was realised. Tis reflected a 21.3% growth. When it came to casino market share In the period Te Grand
Palm Casino continued to dominate the casino industry (44.9%). Tis was followed by Moonlite Casino (22.3%). Avani Gaborone Casino (22.0%) dropped to the third position in the gambling market. Te Marang casino came in fourth place (3.9%). Te casinos employ around 300 people. Te annual gross
revenue derived from casinos in Botswana amounts to BWP 220 million per year.
Botswana offers the promise of future
expansion in a highly regulated environment making it one of the most promising
markets on the entire continent. Gambling has been recognised by the government as an industry that once fully regulated will be
able to create jobs and raise tax revenue. Tis comes in the context of wider reforms which are aimed at diversifying the economy.
PART OF A BROADER GOVERNMENT STRATEGY Botswana offers the promise of future expansion in a highly regulated environment making it one of the most promising markets on the entire continent. Gambling has been recognised by the government as an industry that once fully regulated will be able to create jobs and raise tax revenue. Tis comes in the context of wider reforms which are aimed at diversifying the economy. Reforms are needed so that Botswana is less dependent on commodities and tourism. Gambling fits in neatly with gov- ernment plans and gambling policy is being shaped in such a way that the industry should benefit Batswana. As a result the board has launched a number of tenders aimed to attract in- vestment while the gambling board is looking at opening up others sectors of the market as well. By offering entertainment, job opportunities, and revenue generation, the gambling industry as it develops will contribute significantly to the economy. Ad- ditionally, the industry will be used to support tourism by en- couraging the growth of tourism infrastructure. Te granting of sports betting licenses as well as licences in
other sectors are also in line with President Mokgweetsi Masisi’s vision of “Citizen Economic Inclusion.” Te Economic Inclusion
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