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Grand Gaming Slots
GPI's effective stake: 100%
Grand Gaming Slots is the trading brand of Thuo Gaming Gauteng. The subsidiary has been operational since the end of April 2011, subsequent to the acquisition of Playmeter Leisure Services (Pty) Ltd's LPM licence and existing Gauteng operations.
With 5 licenced operators in Gauteng, Grand Gaming Slots enjoyed an active LPM market share of 15.39% and a LPM revenue market share of 13.60% at end June 2011.
We are positive that, through the employment of our LPM 'blue print' our Gauteng operations will, over the medium term, also achieve more than their fair market share, as is currently the case with our Western Cape and KZN operations.