ccording to the national regulator, GGR generated by the casino sector during fiscal year 2017 fell 4.5%. The slight decrease in GGR from FY2016 to FY2017 can, amongst others, be attributed to the decrease of operational positions in Gauteng, Western Cape, Mpumalanga, Northern Cape, Eastern Cape and Free State.
Revenue posted by the horse racing and sport sector represented 18.9% of the total amount of GGR, while earnings registered in the bingo sector accounted only for 4.7%.
In general, the collection of taxes/levies increased by 10.7% from R2,2 billion to R2,5 billion in FY2015, by 11.9% to R2,8 billion in FY2016, however decreased by 1,0% to R2,7 billion in FY2017.
Other key financial aspects included in the report are:
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