Share

KZN bets on gambling sector for growth

Johannesburg - The gaming and betting industry could become a catalyst for socio-economic development in the province, according to KwaZulu-Natal premier Senzo Mchunu.

"I want to ensure that the revenue generated in the industry benefits all the people of this province," Mchunu, who is also the MEC for gaming and betting, told Parliament's portfolio committee on Friday night, according to a statement issued on Sunday.

"As of September alone, the provincial government has collected R206 934 million through casino tax and R36 290m through horse racing tax," he said, adding that the industry was now mature and well-established in the province.

Mchunu said he would meet the KwaZulu-Natal Gaming and Betting Board, casinos, bookmakers, totalisators, route operators and Gold Circle to discuss the development of the industry and issues around licensing.

"A strong gaming and betting industry will serve the interests of all of us as the people of KwaZulu-Natal," he said.

"Casinos, horse racing and tourism share a very strong and common bond."

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.02
-0.6%
Rand - Pound
24.00
-0.4%
Rand - Euro
20.53
-0.3%
Rand - Aus dollar
12.35
-0.0%
Rand - Yen
0.13
-0.6%
Platinum
901.20
+0.5%
Palladium
997.97
-0.4%
Gold
2,210.69
+0.7%
Silver
24.71
+0.3%
Brent Crude
86.09
-0.2%
Top 40
68,075
+0.6%
All Share
74,269
+0.5%
Resource 10
56,834
+2.1%
Industrial 25
103,553
+0.3%
Financial 15
16,490
-0.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders