LIMPOPO GAMBLING BOARD A/REPORT 2022/23
Table 19 – Monthly Bingo RTP The Bingo Return to Player (RTP) percentage for the 2022/23 and 2021/22 Financial Years were as follows: Month Apr May June July Aug Sept Oct Nov Dec Jan Feb Mar
2022/23 2021/22
95% 95% 95% 94% 94% 93% 92% 94% 94% 95% 94% 94% 94% 94% 94% 95% 94% 94% 94% 93% 94% 94% 94% 94%
Bingo Average RTP %: 2022/23 = 94% (2021/22 = 94%) The prescribed RTP for Bingos was 70 % ** RTP = 100 % less (Gross Gaming Revenue ÷ money wagered)
Levies Collected Per Month from Licensees
Section 41(2) of the Act requires Licensees to pay Levies as prescribed in the Regulations. The Regulations prescribed various levy rates for different Licensees. The Levies were payable to the Board on a weekly basis and all Levies were paid over to the Limpopo Provincial Treasury. The following is a breakdown of Levies per licence type: Table 20 - Casino and LPM Levies Casino and LPM Levies are payable at 8.5% and 10% of GGR as prescribed by Regulations 75 and 172 respectively. Total Levies generated by the licensed Casinos and LPM Route Operators during the 2022/23 and 2021/22 Financial Years were as follows:
Casino Levies 2022/23 (R)
Casino Levies 2021/22 (R)
LPM Levies 2022/23 (R)
LPM Levies 2021/22 (R)
Variance (R)
Variance (%)
Variance (R)
Variance (%)
April 2022 May 2022 June 2022 July 2022
2 359 864 3 240 634 -880 770 2 302 902 1 661 395 641 507 2 829 530 1 680 042 1 149 488 2 385 128 490 727 1 894 401 2 423 917 1 817 371 606 546
-27% 2 408 949 2 887 095 -478 146 39% 2 476 539 2 359 449 117 090 68% 3 085 712 2 259 742 825 970 386% 2 518 534 1 268 386 1 250 148 33% 2 570 254 2 206 980 363 274 25% 3 037 581 2 911 970 125 611 9% 2 429 696 2 280 955 148 741 16% 2 538 416 2 525 601 12 815 18% 2 940 495 2 944 824 -4 329 7% 2 347 296 2 417 808 -70 512 -11% 2 927 811 3 064 625 -136 814 20% 31 665 015 29 507 406 2 157 607 16% 2 383 730 2 379 971 3 759
-17%
5%
37% 99% 16%
August 2022
September 2022 3 113 527 2 491 646 621 881
4% 0% 7% 1% 0%
October 2022
2 430 616 2 091 251 339 365
November 2022 2 285 876 2 098 448 187 428 December 2022 2 402 574 2 073 913 328 661
January 2023 February 2023
3 239 373 2 753 116 486 257 2 503 577 2 331 675 171 902 2 941 050 3 305 340 -364 290 31 217 934 26 035 560 5 182 376
-3% -4%
March 2023
TOTAL
7%
The increase in Casino and LPM Levies could partly be attributed to the increase in the number of punters that visited the Licensed sites as well as the prevailing economic outlook during the financial year.
LIMPOPO GAMBLING BOARD
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