Eastern Cape Key to Economic Growth Eastern Cape is the second largest province in South
Africa and the central and eastern part of the province is the traditional home of the indigenous Xhosa people. In the 1800s many Europeans settled here. Large cities include capital Bhisho and East London and Port Elizabeth and it has a population of around 6.5 million.
Te Eastern Cape has a diverse climate and landscape and although the Eastern Cape lies on the coast of the South Indian Ocean it is also home to South Africa’s only snow ski resort. Te province contributes around eight per cent to the national GDP making it the fourth largest regional economy. Te gambling sector is overseen by the Eastern Cape Gambling Board (ECGB) and is the fourth largest gaming industry after Gauteng, KwaZulu-Natal and Western Cape and generates more than R2.35bn in revenues across the gaming divisions and R191.3m in gaming taxes.
CASINOS Eastern Cape is divided into five zones with five
casino licences, all of which are now in operation. Total GGR for casinos in 2018/19 was R1.17bn whilst tax levies amounted to R95m.
In this province the licence conditions for casinos requires local provincial based empowerment ownership so Tsogo Sun and Sun International will have shares within the casinos.
Te five casinos include the Boardwalk Casino in Port Elizabeth which is the only licensed casino in the Nelson Mandela Bay region. It is housed in the five star hotel complex on the sea front and has 798 slots and 27 table games. Tis is operated by Sun International which also operates the Wild Coast Sun Casino in Mbizana which has 550 slots and 19 table games.
P82 NEWSWIRE / INTERACTIVE / MARKET DATA
Tsogo Sun operates the Hemingway Casino in Buffalo City Metro with 507 slots and 16 table games whilst the fourth casino, Queens Casino, is in the heart of Queenstown with 180 slots and seven table games. It is located in the Queens Hotel which has 32 rooms with views of the Walter Everett Gardens and Park. Until last year this was part of Tsogo Sun and is now operated by a local Eastern Cape consortium.
In March 2019 a fifth casino opened in the province. Mayfair Casino is operated by the Billion Group and sits alongside the Mayfair Hotel in the Mthatha region. Tere are over 200 slots and six tables.
LPMS Te Eastern Cape has 6,000 LPMs permitted.
Tere are six Galaxy EBT sites in this province (2019) and some 100 plus VSlots sites and 895 Vslots by mid 2019. Te GGR last year for the
LPM sector amounted to R377.5m with levies of R37.5m
BINGO Tere are six bingo sites in the Eastern Cape and
Galaxy Bingo has three locations and GoldRush has three locations. Te bingo GGR last year was R455.7m with levies of R12.6m.
BETTING Total betting GGR last year amounted to
R347.4m betting with levies of R45.4m.
Essential information and facts about Eastern Cape: Bisho
Capital
Population Authority
Gambling Taxes 6.5 million
Eastern Cape Gambling Board
Website
www.ecgb.org.za GGR R2.35bn R191.3m
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