page 1
page 2
page 3
page 4
page 5
page 6
page 7
page 8
page 9
page 10
page 11
page 12
page 13
page 14
page 15
page 16
page 17
page 18
page 19
page 20
page 21
page 22
page 23
page 24
page 25
page 26
page 27
page 28
page 29
page 30
page 31
page 32
page 33
page 34
page 35
page 36
page 37
page 38
page 39
page 40
page 41
page 42
page 43
page 44
page 45
page 46
page 47
page 48
page 49
page 50
page 51
page 52
page 53
page 54
page 55
page 56
page 57
page 58
page 59
page 60
page 61
page 62
page 63
page 64
page 65
page 66
page 67
page 68
page 69
page 70
page 71
page 72
page 73
page 74
page 75
page 76
page 77
page 78
page 79
page 80
page 81
page 82
page 83
page 84
page 85
page 86
page 87
page 88
page 89
page 90
page 91
page 92
page 93
page 94
page 95
page 96
page 97
page 98
page 99
page 100
page 101
page 102
page 103
page 104
page 105
page 106
page 107
page 108
page 109
page 110
page 111
page 112
page 113
page 114
page 115
page 116
page 117
page 118
page 119
page 120
page 121
page 122
page 123
page 124
page 125
page 126
page 127
page 128
page 129
page 130
page 131
page 132
page 133
page 134
page 135
page 136
page 137
page 138
page 139
page 140
page 141
page 142
page 143
page 144
page 145
page 146
page 147
page 148
page 149
page 150
page 151
page 152
page 153
page 154
page 155
page 156
page 157
page 158
page 159
page 160
page 161
page 162
page 163
page 164
page 165
page 166
page 167
page 168
page 169
page 170
page 171
page 172
page 173
page 174
page 175
page 176
page 177
page 178
page 179
page 180
page 181
page 182

80 www. bus- ex. com November 09 overall benefit of the racing industry in its drive to gain a share of the gaming rand. Together they have formed Phumelela Gold Enterprises which recently contracted with Dragonfish- the B2B division of online gambling and software group 888. com- for the supply of an online sportsbook which will be shortly followed by the debut of internet casino, poker, bingo and quickplay games. " The one regret," admits Hawkins, " is that punters no longer go to the track in the same numbers as before. Each year we host two of the country's major horse races- the Vodacom Durban July at Greyville in Durban and the J& B Met, held in January in the Western Cape. At these events we'll still get attendances of 50,000 but week in and week out, races are being run in front of empty stands." This is not a situation unique to South Africa. Some years ago, British racecourses experienced the same problem which for them was even more acute, as tracks in the UK are privately owned and gate proceeds are the major source of revenue. However, that trend has been arrested in the UK and Hawkins has high hopes that Gold Circle can pull off something similar. " We are committed to providing the highest quality facilities," he says, " in order to attract owners and trainers to our courses. It follows that if we are investing funds in this way, we want to

Gold Circle November 09 www. bus- ex. com 81 are emerging all the time alongside more established names such as the Rupert family, the Oppenheimers and South Africa's famous golfer Gary Player. In fact, quite a few international golfers own local horses. Similarly, the Western Cape attracts many owners from Europe who have a base in South Africa to enjoy the southern hemisphere's January summer." Although the Government has taken full advantage of gaming tax revenues by granting copious licences, there are indications that saturation point has been reached. Along with many others, Gold Circle will no doubt be pleased that cross- border internet gaming sites are being resisted and the planned rollout of limited payout machines put on hold. With enormous competition already in existence, it doesn't make the job of promoting horse racing any easier; nonetheless, Gold Circle looks to be positioning itself at the front of the field. - Editorial research by Don Campbell attract race goers to use and enjoy the facilities as well." Since 1997, when London News travelled to Hong Kong and won the invitational Queen Elizabeth II Cup, the world has taken note of South Africa's racing achievements. It was the first time a South African- bred, owned, trained and ridden horse had raced overseas for years and it beat some serious international competition in the process. Similarly, the champion jockey in Hong Kong has been a South African many times running. As such, the breeding and training side of the business has never been stronger, which fits in very nicely with Gold Circle's intention of " promoting the sport of horse racing through the development of thoroughbred horses." However, it does mean that some of the best known names in the business have been lured eastwards. " We can't blame them for capitalising on their skills," says Hawkins, " but we do need to replace them. Fortunately, in Kwa Zulu Natal, there is a very strong Indian support base for horse racing and new owners and trainers