The casinos will be operating under new and tighter regulations governing the GA operations, which were given green light last year by the Legislature arm of government.
Johnson explained that those who will be aiming to venture into the casino business will be screened to avoid bottle necks in the future. “As a board we will look at the RFA (request form applications) of how they will operate technologies they are going to employ and the number of personnel they are going to hire. Our licenses are normally spanning up to ten years and could be renewed,” said Johnson.
Among the requisites the parastatal will also be looking for before issuing a license, will be assured participation from the citizens who should not be confined only to junior positions. The prospective owners are encouraged to create a sustainable employment with the employees set to attend routine trainings. These new regulations are tipped to bring Botswana to the modern world where betting is the kind of business with a huge economic spill offs that will benefit the country.
““Only one lottery license will be issued to become the first of its kind in Botswana. Other licenses that are anticipated in the near future are that of sports betting and Bingo which will allow individuals to predict sports results and place wager on the outcome
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Meanwhile, the GA leaders will be awaiting the Request Form of application to issue the permissions.
“We will look at the applications before we can issue, however applicants will have to research on the local market to see its feasibility and come up with models to use here,” Johnson said. Under the new regulations, casinos will pay P250, 000 for registration while betting houses will need P50, 000. Bingos and national lotteries will pay P10, 000 and P1 million respectively.
The Gambling Act of 2012 provides for the establishment of a fund into which all levies imposed under the Act will be paid. The law also provides for the establishment of the excessive gambling prevention and rehabilitation committee. The authority will deal with Financial Intelligence Agency to curb issues of money laundering, for those who will be eyeing the business.
This week, the GA leadership revealed their modus operandi on the steps consortiums, companies and interested associates will have to follow to avoid incidents where their requests for licenses will be scrapped off for not following the right procedures. This comes after the legislation approved the gambling act which consolidated the betting; lotteries act and the casino control act, a resultant of which the GA was bestowed with responsibilities for overseeing all the gambling activities in Botswana. Before GA, the country’s newest parastatal was born, casino Control Board was responsible.