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Lautium Gamings main function is to identify and manage opportunities and to invest in related enterprises. Over the past decade, sub-Saharan Africa has made progress in terms of manufacturing output, and real growth has been maintained in most of the counties. The IMF, Paris Club and World Bank has initiated and finalized HIPC programmes in most of the countries, therfor relieving the abject poverty that subsisted. The continent, with the exception of South Africa and Egypt are basically untapped as far as gambling is concerned. In a large part of the countries, casinos does exist, but it is not accessible to the general populace, and it is in this niche that Lautium gaming is going to provide centers. Licensing and permit negotiations are at an advance stage, and generally gaming laws are lax, and foreign investment sough after.For the first two centres we have an expected gross income of $ 25 000 000 during the first 12 months of operation, a full financial feasibility study has been done on 50 cities in 24 countries in Africa.There are casinos in some of the countries where we intend to operate, but 100% of these cater for the tourist market only, the general populace are excluded.We will attract the general population of the city, as it will be affordable for them to visit the gaming centre, and they will be able to spend their own currency there.A company profile can be obtained from lautiumgaming@gmail.com or Fax request 021 880 2494.
