The KwaZulu-Natal Gaming and Betting Board took on the challenge of leading a newly-merged entity and upon appointment in 2012, the Board implemented a turn-around strategy which contributed to the current levels of performance and financial results. The KwaZulu-Natal Gaming and Betting Board contributed R403 924-million to the Provincial fiscus during 2012/2013 financial year.
The organisation included in its priorities the rollout of socio-economic development projects, and the contribution by its licensees to the upliftment of previously-disadvantaged communities. The combined expenditure on CSI projects by casinos and route operators was R8 239 887.02 for the financial year. Another contributor to the results was the Board’s role in regulating a growing and maturing gambling industry (Casino, Limited Pay-out Machines and Bingo). Initiatives took place within the entity to assist in enhancing regulatory oversight, including managing of non-compliance by the industry. The Board views its role as an enabler in terms of Provincial Development Plans therefore policies and procedures employed by this public entity must have alignment to Provincial Government’s policy frameworks.
The public entity has excelled in terms ofproviding for its mandate, as evidenced through he achievements mentioned below:
• Increase in the regulation of industry through setting rules and adjudicating upon non-compliance cases investigated by its Monitoring and Compliance Division and prosecutedby its Legal department;
• Overseeing the rolling out of new gaming initiatives in peri-urban and previously-marginalised areas to stimulate socio-economic development, tourism and job creation;
• Substantially increase its revenue collection for the Province;
• Implementation of a transformation agenda which supports Black Economic Empowerment, amongst these is the rollout of Type A LPM sites to previously-disadvantaged groups in order to facilitate the growth of the SMME sector; and
• Encouragement of job creation and skills development within the sector.