Limpopo Gambling Board Final
2.4.2.Significant Achievements with regard to the contribution toward the 2019-24 Medium Term Strategic Framework and Provincial Development Plan MTSF Priority 1 – Capable, Ethical and Developmental State – The Limpopo Gambling Board (LGB), in its commitment to regulate, monitor and license the gambling industry in the province, strove to render those services with a high level of professionalism. As part of the lever that sought to contribute positively to the priority of driving a state that is transformative and capable of development, the Entity fostered that obligation with the human resource that was skilled and capable of discharging their bestowed responsibilities. Furthermore, the Entity believed in the continued capacity building of its human resource. Whilst it had a capacity to contribute to the socio-economic upliftment of the general populace of the Limpopo Province, the gambling industry was also polarised by the illegal gambling activities. Governance – the Entity managed to maintain an unqualified audit opinion with no material findings (clean) during the 2021/22 Financial Year. Business process and practice – the Entity developed standard operating procedures for all the Units to improve the internal control standards, as well as to enhance efficiency in the operations of the Entity. These procedures were reviewed on an annual basis. Management of conflict of interest and financial disclosures – 100% of the board and committee members made declarations of financial interest in each meeting to manage conflict of interest. One hundred (100) percent (%) of Bid Evaluation and Bid Adjudication members signed declarations in all the bids that were evaluated or adjudicated during the 2022/23 Financial Year. One hundred (100) percent (%) of all members of the Senior Management submitted financial disclosure forms as a mechanism to promote accountability and governance. MTSF Priority 2 - Economic Transformation and Job Creation - Through achieving the set outcomes of a regulated, sustainable, and socially responsible gambling environment, which is fully compliant with relevant legislations, the Entity contributed to this priority by issuing 13 LPM site licences which created 29 new jobs and sustained 13 more jobs of existing employees in the primary businesses. The new jobs were in addition to the already existing 3858 jobs created in the gambling industry by licensing three Casinos, two LPM Route Operators, 240 LPM Site operators, five Bingo Operators, seven Bingo Sites, nine Bookmaker Operators and 95 Bookmaker sites (of which 58 are operational), and one Totalisator Operator with 25 Totalisator Sites. The 38 licensed Bookmaker sites which are yet to open are expected to create at least 250 jobs in the province over the MTSF period. The licensed entities have generated GGR of R730. 853m in 2022/23, which was 12% higher than the previous financial year. However, over the past five years, Licensees have consistently generated an increasing GGR, with the exception of 2020/21, which totalled to R4.885m. The gambling industry thus made a significant contribution to the Gross Domestic Product of Limpopo Province and the country, effectively contributing towards the targeted national economic growth of 2 to 3% by 2024. The Entity’s contribution in respect of this MTSF priority is indicated below:
LIMPOPO GAMBLING BOARD
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