Posts Categorized: From the CEO’s desk

From the CEO’s desk – 6 September 2012

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As we reach the end of the 2012 financial year, I would personally like to thank all the stakeholders, especially the Route Operators for their continued support. Their perseverance in rolling out additional sites and machines, during these trying economic conditions coupled with regulatory challenges, has contributed a lot towards the growth of the LPM industry.

The overall number of machines was below the projected number for 2012 (7442 against projected 7812). The highest deficit in the number of machines was experienced in Kwazulu-Natal, due to the absence of a Board for a considerable period of time. Gauteng contributed handsomely to the rollout, reaching 1360 machines. The Western Cape on the other hand continues to generate the highest average GGR (in excess of R4500) per machine per week. The number of machines per province at the end of June 2012 is depicted below.