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Description

Phumelela is a licensed totalisator and horseracing operator and a leading bookmaker in fixed odds betting in South Africa. A strong local and international offering is made possible through mutually beneficial commercial arrangements. A longstanding strategy to proactively diversify income streams and innovate underpins the resilience and growth of the business in the face of substantial regulatory and competitive challenges and the funding imbalance that exists in supporting South African horseracing.