140945 Limpopo Gambling Board AR DRAFT 7

Unclaimed Dividend Betting Regulation 18 prescribes that Totalizators pay a levy of 12% on unclaimed dividends. The Unclaimed Dividend Levies for 2021/22 and 2020/21 were R171 443.92 and R128 678.77 respectively. The levy increased by R42 765.16 (33%) compared to the previous financial year. This can partly be attributed to punters claiming dividends timeously from the Totalizator during 2021/22 as well as the relaxation of COVID-19 restrictions which led to punters being able to claim dividends from April 2021 and June 2021 as well as from August 2021 to March 2022.

Table 27 – Unclaimed Dividend

Unclaimed Dividend (Levy 2021/22) (R)

Unclaimed Dividend (Levy 2020/21) (R)

Variance (R) R 15,754.52 15,361.36 13,153.63 2,985.17 28,843.01 -25,435.01

Variance (%)

15,754.52 15,361.36 13,153.63 2,985.17 28,843.01 7,079.72 12,127.70 13,860.40 16,642.93 15,353.58 16,223.88 14,058.02

0.00 0.00 0.00 0.00 0.00

100% 100% 100% 100% 100% -78%

April 2021 May 2021 June 2021 July 2021

August 2021

32,514.74 10,516.21 13,723.24 21,337.44 14,953.76 19,254.95 16,378.43

September 2021 October 2021 November 2021 December 2021 January 2022 February 2022

1,611.49

13%

137.16

1%

-4,694.51

-22%

399.82

3%

-3,031.07 -2,320.40 42,765.16

-16% -14% 25%

March 2022

TOTAL

171,443.92 128,678.77

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