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Botswana Gambling Authority Launches the Gambling Levy Fund Committee

Botswana Gambling Authority (G.A) has achieved a significant milestone by successfully conducting the induction session for the Gambling Levy Fund Committee. The two-day event, held from Monday, 11th, to Tuesday, December 12th, 2023, marks the beginning of a promising journey toward responsible fund management and community development.

The opening ceremony, a grand affair, was attended by esteemed guests including the Deputy Permanent Secretary, Mme Seipati Olweny, and the Gambling Authority Board Chairman, Mr. Marvin T. Torto. Their presence was a testament to the commitment and dedication displayed by the Gambling Authority in ensuring responsible oversight of the Gambling Fund levies.

The newly formed Gambling Levy Fund Committee is poised to achieve several crucial objectives, aimed at creating transparency, efficiency, and positive impact on communities. These objectives include, but are not limited to, accounting for all Gambling Fund levies, ensuring the funds are disbursed in line with the objectives of the Fund, monitoring projects and activities funded by the levies, and preparing and submitting annual budgets to the Accounting Officer (Permanent Secretary) for approval.

The Gambling Authority is highly optimistic about the success of the Gambling Levy Fund Committee. With a group of dedicated individuals committed to upholding the highest standards of governance, the authority is confident in its collective ability to drive positive outcomes and enhance the impact of the Gambling Fund on the communities it serves.

The induction session provided the Committee members with a comprehensive understanding of their roles and responsibilities. They were briefed on the legal and regulatory framework surrounding the Gambling Levy Fund, as well as the specific guidelines for fund management. Additionally, the session featured interactive workshops and training sessions, allowing the members to develop their skills and expertise in overseeing the fund effectively. Botswana Gambling Authority Levy Fund Committee

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The Gambling Authority believes that responsible fund management is crucial to ensuring the long-term sustainability and success of the Gambling Levy Fund. By striving for transparency, accountability, and efficient allocation of resources, the authority aims to maximize the positive impacts of the fund on various community projects and initiatives.

The induction session concluded on a high note, with the Committee members expressing their enthusiasm and commitment to carrying out their duties diligently. They acknowledged the significance of their role in shaping the future of community development through the responsible management of the Gambling Levy Fund. Botswana Gambling Authority Levy Fund Committee

As the Gambling Levy Fund Committee embarks on its exciting journey, the Gambling Authority remains steadfast in its support and guidance. It will provide the necessary resources and expertise to enable the Committee members to fulfill their duties effectively and contribute to the betterment of our communities.

The successful induction session for the Gambling Levy Fund Committee signifies a new chapter for responsible fund management and community development. With a dedicated team and a clear vision for greater transparency and positive impact, the Gambling Authority is confident that the Gambling Levy Fund will create lasting and meaningful change in the communities it serves.

Source: Gambling Authority

Jeremiah Maangi

A trusted igaming leader & author for articles bringing positive change in the African gambling industry. African gambling domains broker. Intelligent knowledge of customer acquisition and retention strategies. Available for new & existing gambling operations consulting and marketing services in Africa. Crypto enthusiast.

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