Despite the age of many of the machines we install our CMS and/or jackpots in/on across Africa, our technology solutions,
through the dev work done by Michiel (van Dam, CTO) and the rest of our developers, are able to operate on pretty much any slot machine as long as it runs a legislated protocol, like SAS, ASP, NSW, GRIPS, or even BACTA.
successful jackpots to not only additional areas and machines on their casino floor, but in the case of our wide-area solutions to other physical casinos too.
I mention scalability specifically because as we all know, operational efficiencies are what keep investors happy, and players too should the demand warrant it, and all too often the ‘single/one-off’ price of jackpot controllers inhibit casinos from meeting those requirements, simply because they don’t deliver the required ROI.
Advances in technology have allowed us to mitigate this challenge with our patented drSMIB, a technology solution which operates in each individual machine or table as a ‘virtual’ jackpot controller, in so doing offering a far easier to manage (commercially) ‘rise by size’ option, as opposed to a ‘one-size-fits-all’.
To the above end Duncan, despite the scalability you refer to, surely the many older machines present in the African market create a challenge for you?
Duncan: Not really, I’ll let Allwin explain.
Allwin: Despite the age of many of the machines we install our CMS and/or jackpots in/on across Africa, our technology solutions, through the dev work done by Michiel (van Dam, CTO) and the rest of our developers, are able to operate on pretty much any slot machine as long as it runs a legislated protocol, like SAS, ASP, NSW, GRIPS, or even BACTA.
From DRGT's product portfolio, which products are most popular across the continent and how does this differ from other markets such as Europe?
Duncan: As a global supplier, all of what is developed at our tech hubs in Austria, Belgium, and Malta is available to ‘everyone’; the only limiting factor is localised legislation – where for example in Mexico our player App can offer casino wallet top-ups and cash-out from and to players’ personal bank accounts, whereas in other jurisdictions that may not be allowed. In those cases, the modularity of our design simply allows us to ‘switch off’ that option and ‘skin’ the App as required.
One thing that perhaps might be interesting to you is the fact that despite the significant use of TITO across many countries, it is one of the least requested for cashless options in Africa. In fact, when Sun Carnival City opened in Johannesburg, South Africa, as far back as late 1998, it opened without a single coin-operated slot machine or ticket printer, it was all carded (cashless) game play from day one.
P50. WIRE / PULSE / INSIGHT / REPORTS What's next for DRGT in Africa?
Allwin: I mentioned earlier that our biggest customer was based in South Africa, and they operate in the Bingo sector as I said, one that launched in South Africa in 1998 in Gauteng Province; seven years later the Gauteng Gambling Board (GGB) approved the installation of electronic bingo terminals (EBT) – a decision that yielded a significant increase in demand, and continues to do so in not only Gauteng, but now also Mpumalanga, KwaZulu-Natal, North West, Limpopo, and Eastern Cape Provinces; with the Free State, Northern Cape, and Western Cape yet to license any bingo operations.
Te above said, demand in Gauteng has been so significant, that the GGB issued a Request for Application (RFA) for an additional nine bingo licences in the province – these closed a couple of months ago, and we are eagerly awaiting the outcome of that adjudication process; one we expect due in early 2024.
Furthermore, the Botswana Gambling Authority issued an RFA for betting licences in early June 2023, and subsequently issued their response to the public’s comments in relation to their earlier draft Limited Payout Machine (LPM) RFA in July. Tis was followed by a request for possible service providers of a central electronic monitoring system iro LPMs, Tote, and betting licenses to submit an Expression of Interest in providing that service by mid-October last year.
To date land-based casinos have been the only form of legalised betting in Botswana and as such these new additions to that country’s gaming sector is good news for both product and service providers like us, as well as prospective operators, and their players.
Te LPM timeline issued by the Board notes the awarding of licences to successful candidates in early March 2024.
Duncan: Outside of the above, we continue to keep our ‘eyes and ears open’ whilst using our best endeavours to support and service our partners at the levels they have become accustomed to.
In addition to what Allwin has already mentioned, we also have a couple of additional CMS, jackpot, and product opportunities ‘up our sleeve’ but we’ll keep those to ourselves for now – no need to let any ‘cats out of the bag’ just yet. Suffice to say we are quietly confident as to our ability to deliver on our agreed mandate for the next calendar year and look forward to contributing to the Group’s continued growth, one that has seen our global installed base grow by around 15 per cent since the beginning of 2022.
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