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{
    "id": 851328,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/851328/?format=api",
    "text_counter": 247,
    "type": "speech",
    "speaker_name": "Nominated, ANC",
    "speaker_title": "Hon. Godfrey Osotsi",
    "speaker": {
        "id": 13172,
        "legal_name": "Godfrey Osotsi",
        "slug": "godfrey-osotsi"
    },
    "content": "This is one area that we need to look at keenly. As Members have said, there must be a balance between the social impact of betting and the revenue generated from this. The balance is there because in the Betting, Lotteries and Gaming Act, it provides very clearly that all monies arising from betting, lotteries and gaming shall be deposited in the National Sports Fund for the purpose of promoting sporting activities among the youths, so that these youths who are betting have an opportunity to engage in gainful sporting activities. I am concerned that the monies that have been generated from betting, lotteries and gaming have not been deposited in the National Sports Fund. This was confirmed by the Cabinet Secretary for the National Treasury when he appeared before the Committee on Implementation and said that the money was instead deposited in the National Consolidated Fund. This is unacceptable because this House cannot act in vain. It passed a legislation but then particular Ministries do not implement it. This is something that we must look at because we have youths who want to benefit from this particular Fund."
}