Page 27 - Estimates of Public Entities Revenue & Expenditure 2023
P. 27
PROVINCE OF THE EASTERN CAPE ESTIMATES OF PUBLIC ENTITIES REVENUE AND EXPENDITURE 2023/24
Providing information and education regarding excessive gambling, and further informing potential
business entrepreneurs about economic opportunities within the provincial gambling sector. The
focus during the MTEF period will include:
• Implementing economic opportunity awareness campaigns targeting potential entrepreneurs,
to inform and educate them about relevant economic opportunities within the gambling sector
in the province. The planned target to be achieved by the end of the MTEF period is 15
awareness campaigns.
• Through electronic and print media platforms and sharing and disseminating messages of
responsible gambling and wellness.
• Promoting and enforcing compliance and adherence to bid commitments, license conditions,
legislation, and regulations by licensees prior to and after commencement of the operations.
The focus and priorities will include strengthening compliance audits and processes to ensure
that all new and existing operations are compliant with statutory requirements and license
conditions. By the end of the MTEF period a total of 188 revenue audits will be achieved.
Collection of gambling taxes from licensees and disbursement of revenue to the Provincial revenue
fund, budgeted at R229 million during 2023/24 and growing to R239 million by the end of 2025/26.
The forcast further accounts for additional revenues in the outer years from the planned rollout of
between 200 to 600 Limited Pay Machines at new sites across the province.
ECGB will continue to investigate ICT capabilities that can assist with strategies to detect illegal
internet gambling within the province, while also implementing systems that further support automation
of functions and options for remote monitoring.
Education of the public and other stakeholders is another key priority, and the Board will continue to
conduct innovative research and knowledge management that will guide appropriate policy decisions
and can be shared through relevant research seminars. ECGB will provide information and education
regarding excessive gambling as well as further informing potential business entrepreneurs about
economic opportunities within the provincial gambling sector.
The Board will continue its socio-economic development (SED) and empowerment programmes whilst
working with our social and strategic partners to champion social changes in the most impoverished
areas of the province as guided by the Anti-Poverty Strategy of the Eastern Cape. This includes
conducting our own SED projects, as well as coordinating the implementation of the developed
Corporate Social Investment (CSI) Framework of the Industry, which guides the CSI contributions of
licensees aimed at achieving and sustaining positive socio-economic development of communities in
order to address any negative impact of excessive gambling.
26