T he Gauteng Gambling Board is a statutory body established in terms of section 3 of the Gauteng Gambling Act, No 4 of 1995 as amended. Prior to August 1996 betting on horse-racing and other sporting events was the only form of legal gambling in Gauteng. During August 1996 the Gauteng Gambling Act 1995 (Act No 4 of 1995), was promulgated. Phone: (011) 581 4800 Fax: (011) 581 4903. Email: info@ggb.org.za. 84 Regulations 85 Rules of the Board 86 Annual report, financial statements and publication of information on gambling activities CHAPTER XV GAMBLING LEVIES, FEES, PENALTIES AND INTEREST (secs 87-89) 87 Gambling levies, fees, penalties and interest 88 Penalty and interest for failure to pay gambling levy or fee when due.

Understanding Craps Odds For instance, odds can be related either as 2-1 or 2 to 1, where a 1 credit bet returns 2 credits. In other words, 2 to 1 odds returns the original 1 credit bet and a 1 credit profit. The Best Craps Bets. The Odds is like a side bet in craps made after a point is thrown. It pays if the point is thrown before a seven. The odds on the Odds are exactly fair, which zero house edge. To be specific, the Odds pays 2 to 1 on points of 4 and 10, 3 to 2 on a 5 and 9, and 6 to 5 on a 6 and 8. Here is an overview of craps bets with medium odds that you can make. Have a 16.7% chance of winning an Any 7 bet, with a payout of 4/1. This gives the house a substantial edge of 16.9%. This is quite high compared to some of the bets we’ve seen above, yet still a solid choice if you’re chasing more slightly more daring bets. Craps table betting odds ncaa basketball. Your gut tells you that the table is heating up because the table is crowded and noisy, and the players’ chip racks are filling up with red and green chips. You decide to bet the full 10x Odds by placing $100 (i.e., your $10 Pass Line bet x 10 = $100) in chips behind the line (i.e., in the apron about an inch behind your Pass Line bet). The craps payout chart below shows various payout statistics such as what kind of craps bets, true odds, payout odds and the total house edge after everything has been calculated through. Note that these payout odds in the chart listed below are not the same in every casino or on all craps tables.

A number of laws and regulations have been drawn up to create the regulatory framework that covers the activities licensed by the Western Cape Gambling & Racing Board (WCGRB). In this section you can find the English versions of all the laws and regulations related to gaming. Provincial Gambling Act, Regulations and Rules as well as with the National Gambling Act and all other applicable laws of the Republic of South Africa. SERVICE DELIVERY OVERVIEW The Board has implemented three key service delivery programmes in line with the approved Annual Performance Plan. The Board has achieved all the targets.

BOARD SECRETARIAT

Provides company secretarial services to the Board and Board Committees to ensure that the Gauteng Gambling Board adheres to and complies with all applicable legislation and corporate governance regulations. Spartacus slots uk latest.

Gauteng gambling board rules and regulations commission

COMMUNICATIONS

COMPLIANCE AUDIT

The Compliance Department of the Gauteng Gambling Board strives to meet the following objectives of the Board:

Ensure that weekly returns are accurate; properly reflect licensees’ activities & the correct amounts of taxes and levies are paid to the Board.
Ensure that licensees comply in all material aspects with provisions of the Gauteng Gambling Act, Regulations, Rules and other relevant legislation.
Ensure compliance to BBBEE and FIC legislation.
Ensure fairness to punters.

These objectives are achieved by:

Ensuring accuracy of gaming revenue paid by the licensees and compliance to applicable gaming legislation, by performing revenue and compliance audits;
Ongoing monitoring of compliance with BBBEE requirements, by performing reviews and monitoring audits on licensees
FIC inspections on licensees.

FINANCE

Providing financial and administrative support services.

Gauteng Gambling Board Rules And Regulations Commission

GAMING CONTROL

Gauteng Gambling Board Rules And Regulations Governing

Ensuring technical compliance of gaming devices to legislation.

HUMAN RESOURCES

Gauteng Gambling Board Rules And Regulations Act

Promoting and maintaining industrial relations.
The objective of the human resources department is to support the GGB’s vision to be a leading and innovative regulator in the gambling industry. The department provides the following services:

Talent development and performance management
Talent planning, organizational development and central resourcing
Employee rewards and benefits
Payroll and policy development
Human resources information management systems
Employee relations and transformation
Employee wellness

Gauteng Gambling Board Rules And Regulations Rules And Regulations

INFORMATION TECHNOLOGY

Developing, maintaining and supporting management information systems.

LEGAL AND LAW ENFORCEMENT

Gauteng Gambling Board Rules And Regulations

Rendering of legal and secretarial services of the Board as well as investigation of violations of gambling legislation.
The Legal unit has two sub units namely Legal Support and Law Enforcement. The Legal Support provides legal advice, litigation, contract management services as well as ensuring that the Board complies with all the acts and regulations. It also helps all internal department on issues of legal compliance and matters of legal nature and also conducts annual reviews of gambling legislation as well as addressing request for information in terms of PAIA & PAJA.
Legal ensures that the Board complies with al relevant legislation by conducting legal compliance audit from time to time.
The law enforcement unit mainly deals with alleged non-compliance of licensees, gambling disputes and illegal gambling as well as assisting law enforcement agencies with eradication of illegal gambling.

LICENSING AND INVESTIGATIONS

Receiving and processing applications.
The licensing of natural and juristic persons in relation to gambling ensures that these people are eligible in accordance with the provisions of the Gauteng Gambling Act, 1995 and the National Gambling Act, 2004. Employees in low-risk areas (e.g. food and beverage and cleaning) of the licensee are not required to be licensed.

Gambling facilities
Employee registrations
Equipment registration
Manufacturers, supplier and maintenance providers
Amusement facilities
Third party suitability

SOCIO ECONOMIC DEVELOPMENT

The SED Unit is geared at initiating activities that will conduct and manage gambling in a socially responsible manner through interventions of public awareness campaigns on responsible gambling and minimization of incidents of problem gambling. Responsible Gambling is a crucial programme for the Gauteng Gamblign Board operations; and has the responsibility of ensuring that the identified programmes are successfully implemented in order to promote responsible gambling awareness and prevention programmes.
This will lead to a well-regulated gambling and betting industry that generates revenue to support the socio-economic development programmes for sustainable livelihoods and developed citizenry in the Province through awareness of responsible gambling; Our Sports Fund and Corporate Social Investment initiatives consists of collaborative approach to socio-economic development in favor of disadvantaged communities.