LIMPOPO GAMBLING BOARD A/REPORT 2022/23

The decrease in Totalisator levies could partly be attributed to the decrease in the number of punters that visited the Totalisator sites; whereas the increase in Bookmakers levies could partly be attributable to increase in the number of punters that visited Bookmaker sites as well as the prevailing economic conditions during the financial year.

Unclaimed Dividend

Betting Regulation 18 prescribed that Totalisators pay a levy of 12% on unclaimed dividends. The Unclaimed Dividend Levies for 2022/23 and 2021/22 were R190,975.84 and R171,443.92 respectively. The levies increased by R19,531.92 (11%) compared to the previous financial year. This could partly be attributed to punters not claiming dividends timeously from the Totalisator during 2022/23. There was an increase in claims made on unclaimed dividends by more punters. The unclaimed dividends are held by the Totalisator.

Table 23 – Unclaimed Dividend

Unclaimed Dividend (Levy 2022/23) (R)

Unclaimed Dividend (Levy 2021/22) (R)

Variance (R) R Variance (%)

April 2022 May 2022 June 2022 July 2022

15 755 40 451 13 577 12 963 10 161 15 545 11 237 11 902 15 467 13 598 15 961 14 360 190 976

15 755 15 361 13 154

0

0%

25 090

163%

423

3%

2 985

9 977

334% -65% 120%

August 2022

28 843

-18 682

September 2022 October 2022 November 2022 December 2022 January 2023 February 2023

7 080

8 465

12 128 13 860 16 643 15 354 16 224 14 058 171 444

-890

-7%

-1 959 -1 176 -1 756

-14%

-7%

-11%

-262

-2%

March 2023

302

2%

TOTAL

19 532

11%

LIMPOPO GAMBLING BOARD

48