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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.


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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.

On 1 December 2015 Phumelela was granted leave to appeal against the judgment to a full court of the Gauteng Local Division, Johannesburg

 

Phumelela’s High Court application to review and set aside an interim order made by the Gauteng Gambling Board on 9 October 2014 has been dismissed with costs.

Phumelela has been advised that the decision is appealable and has instructed its legal representatives to apply for leave to appeal without delay.

 

CLYDE BASEL
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.

It was also announced that Chief Operating Officer, Andreas Heide was appointed with the task of overseeing Public Relations.

The above appointments necessitated the review and the reallocation of other Executive responsibilities, and Phumelela is pleased to announce that Rob Scott has been allocated Sales and Marketing (previously under Basel) in addition to his current responsibilities as CEO for Tellytrack.
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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.

Later though, they switched the sponsorship to the Supersport United Youth Academy as such an initiative was more in keeping with Phumelela’s goal to assist in developing the youth of South Africa, whilst simultaneously maximising the natural synergies between the action-packed and exciting worlds of horseracing and soccer.
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The Gauteng Gambling Board (the board) has turned down Phumelela's application to amend its Totalisator and Race-Meeting Licences ("the Application").

Phumelela requested permission to withdraw the application a year ago as it was prepared to continue to live with the condition. The board refused and accordingly Phumelela did not submit further arguments supporting the application.
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Phumelela have been ranked the eighth most empowered company on the JSE, according to the Black Economic Empowerment (BEE) index formulated by Empowerdex.

The Most Empowered Company rankings sets the bar for the rest of the economy by showcasing the companies that have gone furthest in transforming South Africa’s business environment.
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