Gold Circle BBEE announcement

Track and Ball owned by Gold Circle and Mion Holdings, is a licensed fixed odds operator in KwaZulu-Natal. The company which owns seven bookmaking shops has recently been rated a Level 1 contributor to Broad-Based Black Economic Empowerment and is now certified as a “Value Adding Enterprise”.

“We are proud of this achievement” says Michel Nairac, Gold Circle CEO. “We had made this commitment to our regulators and have now delivered on our promise”.

what does that mean? are we getting better odds now?

I am so excited by this news, will be unable to sleep to-night............. :sick:

Previous portfolio of Mion Holdings, KZN Slots is mentioned which controlled the gaming machines in the bars, totes etc. Under the Current Portfolio Listed Equities, Grand Parade Investments is listed :ohmy:

Level 1 means 100% black female owned [i think]so who are the owner/s??and how does GC profit?

Track and ball odds are fantastic in comparison with Hollywood and marshalls who both bet under the odds on a continuous basis

les wrote: Level 1 means 100% black female owned [i think]so who are the owner/s??and how does GC profit?

Level 1 is 100% Black Owned, and can also include Indians, Coloured and even Chinese that settled here during apartheid.

Countrymember wrote: I am so excited by this news, will be unable to sleep to-night............. :sick:[/quote

Drivel will be an understatement. Love ur humour Countrymember