The “must-see, must-do” resort is envisaged to include a casino, hotel, conference facility, restaurants, crèche and landscaped gardens. The particular theme and design of the resort will, however, only emerge once applications have been processed.
According to Mabutho Zwane, CEO of the ECGBB, the resort will be situated in Zone 4 which covers the Magisterial District of Elliot, Elliotdale, Engcobo, Libode, Maclear, Mqanduli, Nqgeleni, Port St John’s, Qumbu, Tsolo and Mthatha.
The casino will be the fifth in the province and will follow in the footsteps of hugely successful ventures in Mbizana (Wild Coast Sun), Queenstown (Queen’s Casino), East London (Hemingway’s Casino Resort) and Port Elizabeth, (Boardwalk Casino and Entertainment World).
“These casinos have proven their worth in contributing significantly to the economic activity of the province,” says Zwane.
“And it is not all about gambling tax revenue – they do their bit with substantial corporate social investments, job creation and general stimulation of economic activity.
“Property prices around casinos have increased significantly, in some cases by a million rand.”
The casino licence, once awarded, will be for a fixed period of 20 years and, should the successful applicant be willing to pay the necessary fee, the licence will be exclusive.
“We are committed to a speedy evaluation process.
“We have processes in place to ensure the successful application abides by the letter of the Gambling Act.”
According to Zwane, this includes the publishing of the application for interested parties to respond, a site inspection, public hearings and finally an adjudication process.
The entire process