In compliance with Section 3.59 of the Listings Requirements of the JSE Limited, the Phumelela Board of Directors (“the Board”) wishes to inform shareholders that Mr Brian Finch has resigned from the Board effective 25 August 2017 for personal reasons.
Phumelela Gaming’s interim results for 1 August last year to 31 January were announced this morning and despite deteriorating economic conditions locally and a strong rand that impacted negatively on revenue from its international operations, earnings per share and headline earnings per share increased by 4% and 3% respectively.
The recent Asian-African Tote Association conference in South Africa attracted delegates from around the world, generated considerable column inches in the national press.
Muzi Yeni will be flying the South African flag in Greece on Saturday.
Phumelela are “taking South African horseracing to the world” by sponsoring a race meeting at Markopoulo Racetrack.
South African horseracing will be shown live in leading bookmaker William Hill’s 2,371 betting shops in the UK as a result of a deal struck between William Hill and The Racing Partnership (TRP).
Phumelela Gaming has restructured its marketing and media departments into a single business unit that will maximise the natural synergies between its television and print operations, and co-ordinate all marketing initiatives.
Phumelela Gaming and Kenilworth Racing are delighted to announce that luxury hospitality, gaming and entertainment group Sun International is the new title sponsor of the Met, which henceforth will be run as the Sun Met and will carry South African record prize money of R5 million.
This November, the grand and historic Turffontein Racecourse will be transformed into a theatrical wonderland with the launch of the first ever SA Equinity extravaganza – Illuminessence.
The race previously known as the August Stakes, a Grade 3 event run annually over 1200m on the Vaal Sand, will now be known as the Spring Spree Stakes (Grade 3) and will be run over the same distance on the Turffontein Inside track. The handicap, offering a stake of R250,000, will be held on Saturday 3 September.
Competition complaint by Hollywood Sportsbook and others against Phumelela, Gold Circle, Kenilworth Racing, Tellytrack and others
Phumelela take pleasure in announcing the inauguration of an exciting and innovative race meeting at the Vaal Racecourse which allows for fields of up to 28 runners plus two reserves in four lucrative races, including a R750,000 feature event, and prolific new horseracing supporter World Sports Betting are once again the sponsor.
COMPETITION COMPLAINT BY THE KWAZULU-NATAL BOOKMAKER SOCIETY AND OTHERS AGAINST PHUMELELA, GOLD CIRCLE, KENILWORTH RACING, TELLYTRACK AND OTHERS
On 4 March 2015 the KwaZulu-Natal Bookmakers Society (KZNBS) and others lodged a complaint with the Competition Commission.
Jack Milner: There has only been one meeting on the Vaal Classic track and so far the feedback has been quite complimentary. The Classic track is the old sand course which has been converted to turf and it will be used again at Tuesday’s meeting.
The first race meeting on the new turf track at the Vaal will be held on Thursday 19 May next week and trials on the new surface suggest that the track is going to be a winner.
Phumelela is delighted to announce that from Wednesday all Win, Place and Swinger bets taken with TAB on Hong Kong races will be transmitted directly into Hong Kong’s gigantic tote pools.
TAB will again host the global tote pools on the Dubai World Cup race meeting – the greatest horse racing show on the planet – at Meydan Racecourse in Dubai on Saturday.
Jay Harrielall has been appointed General Manager: Racing Division of Phumelela Gaming & Leisure Limited with effect from 1 March 2016. This appointment was made in light of the imminent retirement of current General Manager: Racing Operations, Stan Diesel at the end of March.
London – Nick Rust, the British Horseracing Authority’s chief executive, described Thursday’s confirmation that the government will seek to replace the sport’s Levy funding system by April 2017 as “truly historic”, but it might still be argued that he was selling it short.
London – British horseracing has welcomed an announcement by Culture secretary John Whittingdale that the UK government intends to replace the current betting Levy funding system for racing by April 2017.
More than R278-million will be paid in prize money in Phumelela regions for the racing season 2015-16.
Phumelela Gaming and Leisure (‘Phumelela”) and Arena Racing Company (“ARC”) are pleased to announce a landmark deal which ensures South African horseracing will continue to be available for broadcast into betting shops in the UK and Ireland until at least the end of 2022.
On 13 November 2015 Phumelela applied for leave to appeal against the judgment of the Honourable Judge Wright of 6 November 2015 which dismissed Phumelela’s application to review and set aside a decision of the Gauteng Gambling Board.
The Supersport United Academy sponsored by Phumelela will be sending three of their players to international trials to Top division Dutch Club – Pec Zwolle from 30 November until 12 December 2015.
WELL-KNOWN racehorse owner and breeder Mary Slack’s Wilgerbosdrift Stud is to sponsor the 2013 SA Triple Tiara for three-year-old fillies.
THANKS to the amazing generosity of many people, this year’s Phumelela Christmas Tree will benefit many more underprivileged children than previously.
THE total amount available for prize money (the stakes pot) in Phumelela racing regions in the current 2012-13 racing season is R174 million – R10.5 million or 6.4% more than last season – and this will result in stakes increasing across the board from 1 January 2013.
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.
THE decision by the Competition Tribunal to give the green light to the merger between Kenilworth Racing and The Thoroughbred Horseracing Trust is a major victory for the sport of horseracing in the Western Cape.
That’s the view of Vidrik Thurling, chairman of the Western Province Racing Club and a director of Kenilworth Racing.
“I’m elated and relieved,” said Thurling. “It’s an absolutely vital outcome for the future and longevity of Western Cape racing, which produces many of the country’s top horses annually.”
THE Sansui Summer Cup hosted by Gauteng and the J&B Met will be run a week later than previously from the 2012-13 racing season, which begins on 1 August.
PHUMELELA is set to revolutionise horseracing in the Eastern Cape with the installation of a Polytrack synthetic racetrack on the inside of the existing turf circuit at Fairview Racecourse in Port Elizabeth. Installation of the new track should begin within a few weeks and should take about eight months to complete.
MORE than 300 underprivileged children from nine homes attended the Phumelela Christmas Tree raceday at Turffontein on Sunday 3 December 2011.
On 20 August Phumelela announced the appointment of Clyde Basel as the new Racing Executive for Phumelela following the resignation of Patrick Davis, and that Basel would retain Hospitality and Events in addition to his new responsibilities.
Phumelela’s association with three time PSL Champions Supersport United, traces back to 2004, when the horseracing and sports tote betting company sponsored the Supersport United PSL team.
The Gauteng Gambling Board (the board) has turned down Phumelela's application to amend its Totalisator and Race-Meeting Licences ("the Application").
Phumelela have been ranked the eighth most empowered company on the JSE, according to the Black Economic Empowerment (BEE) index formulated by Empowerdex.
On 13 July 2015 the KwaZulu-Natal Bookmakers' Society (KZNBS), the Gauteng Off-Course Bookmakers Association (GOBA) and the Western Cape Bookmakers' Association (WCBA) served notice of their intention to make application to the Pretoria High Court for orders, inter alia, declaring that Phumelela and Kenilworth Racing are unlawfully operating a totalisator sports betting operation.
Phumelela and the Racing Association have doubled the prize money of the President’s Champions Challenge to R4 million, making it the richest race on the continent.
Application was made by the Kwazulu-Natal Bookmakers Society ("KZNBS") to the Gauteng High Court claiming damages in respect of copyright infringement by Phumelela Gaming and Leisure Limited ("Phumelela") and Gold Circle (Proprietary) Limited ("Gold Circle").
Johannesburg’s premier horse racing event, the Summer Cup and popular household brand SANSUI of the JD Group (licence holders of the SANSUI brand in South Africa) are immensely proud to announce the confirmation of their seventh consecutive year of sponsorship.
Phumelela is to replace the problematic sand track at the Vaal with a turf surface in what is strategically the first step towards the installation of a synthetic racing surface in Johannesburg.
Racing. It’s a Rush is proud to announce that Kenilworth, Fairview and Turffontein Racecourses will be honouring the memory of Madiba over the Mandela Day weekend through the 67 minutes initiative.
Phumelela Gaming is happy to announce that another sponsorship has been concluded!
The sport of horseracing welcomes World Sports Betting as one of the sponsors of the Flamingo Park Festival, the first feature meeting of the 2015-2016 racing season.
Phumelela’s Racing Executive Patrick Davis has resigned to take up a post with Weatherbys in the UK as the company’s Racing Director.
Phumelela is proud to announce SAP as its new partner in the sport of horseracing. The Vaal racecourse's greatest event, formerly known as The Emerald Cup, is now the Supreme Cup presented by SAP. The race will take place on Saturday 26 September 2015.
Phumelela Gaming will give amateur horseracing in the Eastern Cape a boost by staging three races for horses, trainers and jockeys that compete on the rural racing circuit in the region.
Phumelela is proud to announce that following an independent B-BBEE audit by Empowerdex (a highly reputable empowerment verification company in South Africa) it has maintained its Level 2 Contributor status which was first achieved in October of 2013, 14 months ahead of the Gambling Board’s target date of 2015.
On 7 April 2015, the Eastern Cape Gambling & Betting Board (ECGBB) resolved, inter alia, that TellyTrack is not a subsidiary of Phumelela and that its activities do not fall within the ambit of clause 8(6) of Phumelela’s racecourse licence.
Following the restructure and the integration of the retail divisions of Phumelela and Betting World announced last year, the board of Betting World has approved the appointment of Vee Moodley as Acting Chief Executive Officer for the betting chain, effective immediately.
Tellytrack announced the appointment of Rob Scott as its new CEO. Since the departure of Ken Rutherford this role has been filled on a temporary basis by Phumelela’s International Executive Director, John Stuart.
An article titled "Bookmakers - Villains or victims of bad publicity" published on 31 March contains numerous factual inaccuracies which need to be corrected.
Horseracing has added another gem to their Tiara as Phumelela announce that Mary Slack’s Wilgerbosdrift Stud have renewed their Triple Tiara sponsorship for another three years.
Phumelela Gaming and Leisure, South Africa’s biggest horseracing and Tote betting company is delighted to announce that through a deal with the Monarch Content Management, an affiliate of The Stronach Group, it is adding Monarch tracks to its already exciting portfolio of USA content.
Isle Of Man-based Premier Gateway International Ltd (PGI) announced agreements at Icewith Optima and A BET A to provide wager path access for their retail customers. The deal will allow the sportsbetting and e-gaming developers to offer online wagers to its cross-platform suite through PGI into horseracing and sports betting pools from Australia, Singapore, South Africa and the USA. However, there was heightened expectation at Ice that these announcements are about to be dwarfed by another agreement between PGI and EEyaa (Gibraltar) limited.
At the Charity Mile race meeting at Turffontein on Saturday Phumelela Gaming and Leisure handed over a cheque for R1,520,000 for the various Horse Care units around the country.
On 9 October the Gauteng Gambling Board issued an interim order to the effect that Phumelela is required to make the Tellytrack channel available to all bookmakers at the 2013 price plus an inflation adjustment.
On 15 October 2014 Phindi Kema sent a letter to the Competition Tribunal in which she purported to withdraw the complaint against Phumelela Gaming and Leisure Limited, Gold Circle (Pty) Limited and The Thoroughbred Horseracing Trust. At the Tribunal hearing, which took place on 16 October, the Tribunal accepted Ms Kema's withdrawal.
Phumelela is sad to announce that company secretary Rushen Gopaul passed away on Monday night after suffering a heart attack.
New rules regarding parade rings were implemented countrywide, at the beginning of the year. The Racing Association, Gold Circle, Phumelela Gaming, The National Horseracing Authority and Kenilworth Racing agree that these rules will continue to enhance the image of the sport and ensure greater safety. Since 11 January 2014 access to a parade ring on any raceday requires an RA, Gold Circle or NHRA badge.
Durban - The press release issued by the Gauteng, KZN and Western Cape bookmaker associations on 9 September 2014, containing details of notices issued to a number of regulatory bodies and including a legal opinion asserting that certain totalisator bets offered by Phumelela, Gold Circle and Kenilworth Racing are unlawful, refers.
The press release issued by the Gauteng, KZN and Western Cape bookmaker associations on 9 September 2014, containing details of notices issued to a number of regulatory bodies and including a legal opinion asserting that certain totalisator bets offered by Phumelela, Gold Circle and Kenilworth Racing are unlawful, refers.
PRESS ARTICLES RELATING TO MS PHINDI KEMA’S COMPLAINT LODGED AGAINST PHUMELELA WITH THE OFFICE OF THE PUBLIC PROTECTOR REFER
South African horseracing repositions itself to be a formidable player in local entertainment industry. For the first time in the history of South African horseracing, a single unified brand will now represent the sport.
Hollywoodbets’ open letter entitled “South African Bookmakers Do Pay for International Horse Racing” of 30th July 2014, which attempts to justify bookmakers’ display of live international racing in betting shops without being licensed to do so, refers.
At the end of March, when Tellytrack's new agreement with Multichoice commenced, customers who had subscribed for Multichoice's "Pubs and Clubs package" (which included Bookmakers) were duly notified by Multichoice and found that Channel 239 ("Tellytrack") had been disabled.
The press releases published by Hollywoodbets on 28 and 30 July 2014 refer.
London - It has come to our attention that certain bookmakers, including Marshalls World of Sport, Keith Ho BetXchange, Sepels Best Bets and certain branches of Hollywoodbets.net, have been displaying live British thoroughbred horse racing in their betting shops without being authorised to do so.
On 21st July an article by Wiseman Khuzwayo entitled ‘Hollywoodbets to defend R350m Tellytrack lawsuit’ appeared in a number of online and traditional media publications. The article contained a number of factual inaccuracies which requires both correction and clarification.
The press release which was circulated by Mr JJF Cameron on 20 June 2014 (“the Memorandum”), and which was published by certain publications, in regard to a court application by Keith Ho and Playbet in terms whereof they urgently sought relief in respect of certain matters, requires clarification by Tellytrack.
HORSERACING and tote betting company Phumelela is proud to announce that the Gauteng Tourism Authority (GTA) is to partner the Sansui Summer Cup with the aim of transforming the raceday into a mega event with national and international appeal.
The GTA’s partnership with the race was announced at a media conference at Turffontein yesterday, an apt occasion in light of it being World Tourism Day.
Honourable Judge Vally of the Gauteng Local Division, Johannesburg, heard argument from the applicants (Keith Ho t/a Betxchange and Play Bet Proprietary Limited), the legal representatives appearing on behalf of the first respondent (the Minister of Police) and the ninth, tenth and eleventh respondents (DM Kisch, Gerald Bourne and Farrel Frank), and Tellytrack, respectively, on the issue of whether the matter should be heard on an urgent basis.
Racing Victoria, which governs thoroughbred horseracing in the Australian state of Victoria, is to increase fees charged for “race fields” from 1 July in a move that will have a major financial impact on online bookmakers in particular.
Phumelela has agreed to provide technical services in respect of the staging of horse racing and betting in Zimbabwe under the control and direction of the MTC. In addition, Phumelela will provide financial support in the form of a bridging loan to the MTC.
In February 2014 application was made by 39 bookmakers and the Gauteng Off-Course Bookmakers' Association for an interdict against Phumelela, Gold Circle, Kenilworth Racing, Tellytrack and others to ensure that the applicants continue receiving "the televised broadcasting of live, real-time horseracing events" on the same terms as prevailed up until 31 January 2014, pending the outcome of the Gauteng Off-Course Bookmakers Association's complaints to the Gauteng, Eastern Cape and National Gambling Boards.
The Hong Kong Jockey Club has given the green light for Hong Kong races to be screened in South Africa again.
MultiChoice, Phumelela, Gold Circle and Kenilworth Racing have announced a new agreement to distribute the Tellytrack channel. Individual DStv customers and hotels will receive Tellytrack on DStv channel 239 from 27 March.
LONDON - UK Chancellor of the Exchequer George Osborne’s announcement in his Budget Speech that horseracing deserved Government backing to gain what he termed a “Racing Right,” which is a commercial mechanism that enables the sport to claim money from its customers, was hailed as a “breakthrough” by the sport’s leaders.
This press release is published in answer to the press release published by the Kwazulu-Natal Bookmakers’ Society (“KZNBS”) on Monday, 17 March 2014.
With immediate effect Tellytrack will not be able to show races from Hong Kong.
Speaking on the eve of the commencement of a dedicated local horse racing service Tellytrack CEO John Stuart said “Tellytrack has evolved over the last 10 years to being acknowledged as the world-class racing service that it is today. It is now time to embark upon the next phase of the journey of Tellytrack’s growth and that will commence with the creation of two separate racing services, one focused on local horse racing, the other dedicated to the best of international racing”
Multichoice is entitled to terminate the broadcast of Tellytrack if it believes that the channel is not performing to its satisfaction.
Read response to a complaint by the Gauteng Off-Course Bookmakers’ Association against Phumelela Gaming And Leisure Limited to the Gauteng Gambling Board.
Letter To The Gauteng Gambling Board 20 February 2014
Read the applicants' Heads Of Argument and Practice Note 19 February 2014 and the First, Third and Fourth Respondents' Heads Of Argument 25 February 2014, plus the applicants' Withdrawal of the Relief Sought Against Fifth Respondent.
Commenting after the Gauteng High Court dismissed the urgent application for an interdict brought by certain Gauteng bookmakers and 2 national bookmakers, Tellytrack CEO, John Stuart said “We do not view today’s outcome as a victory, because we never wanted this matter to be consumed in a legal process which uses precious time and resources.”
The Constitutional Court has considered the application for leave to appeal in the matter between Phindiwe Abegail Kema and Africa Race Group (Pty) Ltd and Kenilworth Racing (Pty) Ltd, Gold Circle (Pty) Ltd, the Thoroughbred Horseracing Trust, the South African Grooms Association and the Minister of Economic Development.
On Friday 6 December the Competition Appeal Court heard an application filed by Ms. Phindi Kema and Africa Race Group (Proprietary) Limited for leave to appeal to the Constitutional Court.
“WHAT COUNTS IN LIFE IS NOT THE MERE FACT THAT WE HAVE LIVED. IT IS WHAT DIFFERENCE WE HAVE MADE TO THE LIVES OF OTHERS THAT WILL DETERMINE THE SIGNIFICANCE OF THE LIFE WE LEAD.” - NELSON MANDELA 1918-2013
More than R250 million will be paid in prize money in Phumelela regions for the racing season 2013-14 (1 August 2013 to 31 July 2014) with R134 million or some 54% of that total allocated to races on the Highveld.
London – Andy Hornby, Chief Executive, Coral and Steve Harman, Chairman, British Horseracing Authority are the next top speakers to be announced for Leaders In Racing after the conference reached a total sell-out last week for its third annual event at Chelsea FC on the 8 October 2013. Phumelela’s CEO Rian du Plessis had already been confirmed as one of the speakers at the conference.
Horseracing and tote betting company Phumelela is proud to announce that transformation is galloping ahead within the company and that it has accomplished level 2 contributor status towards broad-based black economic empowerment two years earlier than regulations require.
JOHANNESBURG - On 17 May the Hellenic Republic Asset Development Fund’s (HRADF) Board of Directors qualified 2PU, the consortium formed by PMU (Paris, France) and Phumelela Gaming and Leisure (Johannesburg, South Africa) for the purpose of participating in the tender procedure for the grant of the exclusive right to organise and conduct mutual or tote betting on horse races in Greece for a period of 20 years.
AIR MAURITIUS and the Racing Association have signed a sponsorship deal worth some R500,000 for The Citizen Jockeys’ International Challenge.
RIAN DU PLESSIS, Group CEO of Phumelela, and Paul Roy, chairman of the British Horseracing Authority, are the latest in a long list of distinguished international speakers confirmed for Leaders in Racing conference on 6 October 2011.
THE new Polytrack training surface at Randjesfontein was officially opened by Phumelela’s racing executive Patrick Davis and champion trainer Mike de Kock on Wednesday with the ribbon-cutting ceremony attended by around 100 people, including Larry Wainstein, chairman of the Racing Association which owns Randjesfontein, jockeys, the media and trainers from as far afield as Port Elizabeth.
JSE-LISTED Phumelela is pleased to announce the launch of an exciting new TAB sports bet, Rugby 5, to coincide with the start of the Rugby World Cup 2011.
Phumelela horseracing executive Patrick Davis said that the official handover of the Polytrack training track is scheduled for 29 August. “It’s two weeks later than originally scheduled for a number of reasons, but mostly because of the terrible weather we’ve had in the last few weeks.
TAB customers can play a Swinger bet for R2 from 1 Sep. TAB has a R6 minimum bet policy, but is lowering the minimum for the Swinger to R2 on a three-month trial basis. “Many of our customers believe that a R6 minimum is too high. So, on a trial basis, we have decided to drop the minimum bet on the Swinger, one of our most popular bets, to R2 from September. We will review the impact of the lower minimum at the end of November,’’ said Vee Moodley, Phumelela’s betting executive.
PHUMELELA is proud to announce that The Citizen will sponsor the International Jockeys’ Challenge again this year.
NEXT season’s champion jockey will receive a bonanza payday, courtesy of Klawervlei Stud which is putting up a R250,000 prize for the winner.