North West Golden Sunshine
Located next to Botswana, the North West province is made up of mostly flat areas with the Magaliesberg mountain range bordering the region and fringed by the
Kalahari Desert. It has a population of around four million and is divided into four district municipalities which in turn are divided into 18 local municipalities.
Te province is known as the Platinum Province owing to its wealth of precious metal and as such the mainstay of the economy is mining which generates more than half the province’s GDP.
Te North West Gambling Board is the statutory body governing the gambling sector which was established under the North West Gambling Act 2001. Tere are four casinos, two route operators, five bingo operators and four bookmakers. Gambling GGR in the North West province was R1.38bn last year with levies of R99.9m.
CASINOS Tere are five licences but four casinos open in
the North West with 96 table games and 1,829 slots.
Peermont operates two casinos, the Mmabatho Palms which has 155 slots and nine table games. It was opened 40 years ago in Mafikeng and the Peermont Walmont Hotel is linked to the resort plus a conference hall and golf. Te second is Rio Casino located in Klerksdorp with conference hall and hotel facilities. Tere are 274 slots and 11 table games.
Sun International operates the Sun City Resort, which has 700 slots and 51 table games. Te resort was opened in Mogwase in 1979 and is known as one of the best holiday resorts in South Africa. Te Carousel is situated in Temba near to the border of the North West near Johannesburg, Pretoria and Polokwane and has 400 slots. Te Carousel was permanently closed in April.
Te application fee for a casino licence is R1.2m plus annual licence fee of R100,000 plus R1,200 per slot and R2,400 per gaming table. Gaming levies range from three to nine per cent depending on GGR so starting at three per cent
for GGR of less than R4m up to nine per cent for GGR over R12m.
Total casino GGR in this province last year was R870.5m with levies of R67.6m.
LPMS
Tere are two route operators in the North West – GoldRush and Vslots (Vukani). LPM GGR for last financial year was R126m with levies of R7.4m.
A route operator application fee is R109,900 plus licence fee of R31,600 plus R210 per machine. Annual route operator licence renewal is R422 per machine and gaming levy is six per cent.
Site operator application fee is R12,600 plus an annual licence fee of R12,600. Gaming levy is also six per cent of GGR. An independent site operator application fee is R6,000.
Tere are reports of misconduct and fraud relating to the gambling board which the board had denied, whilst GoldRush’s operator licence was suspended last year for “non-compliance on shareholding” when the company’s shares
Sun International operates the Sun City Resort, which has 700 slots and 51 table games. Te resort was opened in Mogwase in 1979 and is known as one of the best holiday resorts in South Africa. Te Carousel is situated in Temba near to the border of the North West near Johannesburg, Pretoria and Polokwane and was permanently closed in April.
P72 NEWSWIRE / INTERACTIVE / MARKET DATA
went over the 60 per cent limit that can be held by local previously disadvantaged individuals” in the province.
BINGO Te application fee for a bingo licence is R260
per seat with a maximum of R118,500 plus an annual licence fee of R260 per seat. Gaming levy is six per cent of bingo revenue. Bingo GGR was R158.3m whilst levies were R9.3m.
BETTING
In 2017 there were five bookmakers in this province include Betting World, Central Gaming Management and G-Bets. Total betting GGR was R229.5m made up of R29.3m on horse racing and R200.2m on sports betting. Levies collected amounted to R14.9m.
An application fee for a bookmaker licence is R12,600 plus annual licence fee of R10,525. Gaming tax is six per cent for horse racing and sports betting. An application fee for totalisator is R84,200 plus R63,000 annual licence fee. Gaming levy is 6.5 per cent of gross takings.
Essential information and facts about North West:
Population
Capital Mahikeng 4 million
Authority North West Gambling Board
Website
www.nwgb.co.za GGR R1.38bn
Gambling Taxes R99.9m
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