New system a game-changer for gambling industry
The new system is aptly named Evolution, as it brings completely new technology to the Limited Pay-out Machine (LPM) industry
THE implantation of a technologically advanced National Central Electronic Monitoring System (NCEMS) will go a long way in helping the Limited Pay-out Machine industry to generate more revenue and create more job opportunities, says Trade and Industry Minister Rob Davies.
This as the National Gambling Board (NGB) implemented the NCEMS nationwide on 18 December.
“The new system is aptly named Evolution, as it brings completely new technology to the Limited Pay-out Machine (LPM) industry. With the advanced technology upon which the Evolution system is based, the industry will find itself being supported far more efficiently, while punters will also benefit from newer, more user-friendly ways of gambling on LPMs that would enable the industry to grow,” said Minister Davies.
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Limited pay-out machines (LPM) are gambling machines that have a limited pay-out of R500. The machines provide gambling as a social or recreational activity in communities, while punters seeking larger winnings are catered for by casinos, betting on horseracing or sporting events and bingo.
Minister Davies said the LPM industry contributes significantly to the economy of the country, and also provides jobs for thousands of people.
“So this advancement in technology will ultimately lead not only to greater revenue being generated by the industry to boost the South African economy, but will also see the creation of more job opportunities, as the industry prepares for further growth.”
The system enables the NGB to detect and monitor significant events associated with any Limited Pay-out Machine that is made for play in South Africa, and analysing and reporting data according to the requirements of the standards determined in respect of the NCEMS.
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