THE contribution of TAB betting on sport, notably soccer, to the stakes pot for 2012-13 has increased to R13.1 million - R4.1 million or 45% more than in 2011-12.
There have also been significant increases in the contributions flowing from royalties from Gold Circle and international jurisdictions (up 26% to R18 million), Phumelela subsidiary Betting World (up 41%) and limited payout machines (up 35%). Phumelela’s Isle of Man tote operation contributed to prize money for the first time with R2.4 million being yielded from that source.
The massive R118 million contribution from TAB or tote betting on local and international races was only slightly up on the previous season, while the contribution from bookmakers increased 9% to R13 million.
The full breakdown of the various revenue sources for the 2012-13 stakes pot is below.