GAMING FOR AFRICA


Phumelela Gaming CEO Rian du Plessis resigns I


n a statement on the JSE news service, Phumelela said that Du Plessis had resigned for personal reasons.


“Rian has full confidence in the company’s


executive management team, underlying business fundamentals and strategic direction,” reads the statement. And as a further vote of confidence in the


future success of Phumelela, Du Plessis has given the assurance that he will not consider disposing of any Phumelela shares held directly or indirectly by him, his family or otherwise in the foreseeable future. Stepping in to take over the reins from Du Plessis is John Stuart, International Executive Director of Phumelela.


Stuart served his articles with KPMG before joining TAB KwaZulu-Natal in 1979 as Internal Auditor, and occupied various positions there before leaving in 1996 as Assistant General Manager. He then joined TAB Transvaal (transferred to Phumelela as part of the corporatisation process) in 1997 and served in various positions before heading up the international division in 2006. John also heads up the Tellytrack operation on behalf of the Tellytrack partnership. He is also Executive Director of Premier


Gateway International. “With more than 39 years of experience in


the horseracing and gaming industry, the Board welcomes John’s increased participation


Portfolio Committee calls for public comments on National Gambling Amendment Bill


T


he Portfolio Committee on Trade and Industry has called for written submissions on the National Gambling Amendment Bill. The


committee also intends on holding public hearings on the Bill. The purpose of the bill is to amend and delete certain definitions in the National Gambling Act of 2004, to transfer the regulation of bets on the national lottery, foreign lotteries, lottery results and sports


Continued from page 26


preferred by the Ugandan punters. However, retail is becoming less and less in markets like Tanzania. Of course, there are capital requirements and I always get surprised when certain foreign investors feel like they can invest USD$50,000 in gaming and get phenomenal ROIs while they are ready to invest at least USD$1m in their home countries.


make your


26 OCTOBER 2018


pools to the National Lotteries Commission. Interested individuals and groups who intend to comment on the bill should forward written submissions to the committee by no later than Friday, 12 October 2018 . Public hearings have been scheduled for 23, 24 and 26 October 2018. Written submissions should be forwarded to Mr André Hermans, Committee Secretary, via email at ahermans@parliament.gov.za


Q: What’s your top tip for those interested in doing business in Africa? A: I think the number one advice I can give to investors coming into a country in Africa to invest is – forget what you know from other markets and treat each market as separate entity and do not compare. For more information on the first ICE Africa and to register, visit the ICE Africa website: www. iceafrica.za.com


in the business and looks forward to his ongoing contribution.” According to the statement, Du Plessis has also committed himself to assist his successor until the end of March 2019 to ensure a smooth transition. “The Board and management team would like


to thank Rian for his valued service and contribution to the company over the past 10 years. He led the development of a sophisticated business with multiple revenue streams and has formed a management team supporting long term stability and growth,” reads the statement. “The Company’s financial results announcement scheduled for 5 October 2018 will be delivered by the new CEO.”


Aruze corners the market at Avani Windhoek


created an Aruze corner with 18 exciting themed machines. In keeping with the customer demand


A


for stepper product, this area now houses 12 state of the art “Reel” favourites, which includes four Triple Double Nutty jackpot – four-level progressive machines. Added to this are two Vertical 40 games


of “Xtreme Panda” and “Xtreme Dragons Fortune”, which stand tall on either side of four Video “Cash Locomotive” multi-denomination machines. These exciting additions certainly give the Namibian customers an “Xtreme” boost where they can go “Loco” to play and win “Nutty” jackpots in the months ahead.


vani Windhoek has added ten Aruze Cube-X machines to its main casino floor and, at the same time,


digitalisleofman.com/egaming move


With a world-class regulatory environment and attractive financial assistance, setting up your business in the Isle of Man is a sure bet.


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