Limpopo Gambling Board Final

the country having implemented some measures by the end of December 2022 by promulgating the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act and the Protection of Constitutional Democracy Against Terrorism and Related Activities Amendment Act. The FATF is a global inter-governmental body that promotes policies and sets international standards relating to the combating of money laundering, terrorism financing, and the financing of the proliferation of weapons of mass destruction. After the grey listing, the agreed Action Plan with the FATF was reduced to eight focus areas which related largely to the effectiveness of the authorities in implementing the various elements of the anti money laundering and combating of the financing of terrorism system. The focus areas for the Entity in order to assist the FIC to get the country off the FATF grey list related to: a) The improvement of risk-based supervision of licensees and applying effective, proportionate, and effective sanctions for non-compliance with FICA; and b) The assurance that market entry requirements addressed Beneficial Ownership concerns raised by the FATF and the application of sanctions for breaches of violations to Beneficiary Ownership obligations by legal persons.

a)

Gambling and Betting Statistics

Table 1 – Number of Gambling Machines: Casinos for the 2022/23 Financial Year were as follows:

Active 31 March 2022*

Active 31 March 2023

Total 2020/21

Total 2021/22

Total 2022/23

Casino

Licensed

Sun Meropa

550 150 300

400 150 160 710

400 150 160 710

301 150 132 583

332 150 160 642

332 150 160 642

Khoroni Casino

Thaba Moshate Casino

Total

1000

There was a 10% and 21% respective increase in the number of gambling machines offered by Sun Meropa (31) and Thaba Moshate Casino (28) in 2022/23 as compared to 2021/22. The increase was attributed to the end of the National State of Disaster and the lifting of restrictive COVID-19 Regulations on 05 April 2022. The number of gambling machines at Khoroni Casino remained constant during the same reporting period.

Table 2 – Gambling Tables: Casinos for the 2022/23 Financial Year were as follows:

Touch Bet Roulette Baccarat

Operational 31 March 2023

American Roulette Blackjack Poker

Casino

Total

Sun Meropa

10 06 08 24

02 01

0 0 0 0

01

14 14 08 08 10 10 32 32

Khoroni

02 02

0 0

0 0

Thaba Moshate

Total

06 01

01

Sun Meropa Casino permanently removed one Blackjack gambling table from the gambling floor, thereby reducing the number of Blackjack tables to two. Khoroni Casino permanently removed one Blackjack gambling table from the gambling floor, thereby reducing the number of Blackjack tables to two.

LIMPOPO GAMBLING BOARD

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