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National Lotteries Board
The National Lotteries Board (NLB) is a government agency responsible for the regulation of gambling in South Africa. The NLB was established in 1996, and is tasked with ensuring that gambling is conducted fairly and in a responsible manner. The NLB also oversees the distribution of lottery proceeds to good causes.
The NLB has a number of regulatory functions, including the licensing of gambling operators, the approval of gaming products, and the enforcement of responsible gambling measures. The NLB also works with other government agencies to combat problem gambling.
The NLB is funded by levies on licensed gambling operators. These levies are used to finance the distribution of lottery proceeds to good causes. NLB has awarded over R7 billion in grants to good causes since inception.
The NLB is a statutory board, which means it is established by an act of Parliament. The NLB is governed by a Board of Directors, which is appointed by the Minister of Trade and Industry.
The National Lotteries Board (NLB) is a government agency that oversees gambling in South Africa. The NLB is responsible for ensuring that gambling is conducted fairly and in a responsible manner. The NLB also oversees the distribution of lottery proceeds to good causes.
The NLB has a number of regulatory functions, including the licensing of gambling operators, the approval of gaming products, and the enforcement of responsible gambling measures.