RECM and Calibre (RAC) is an investment holding company whose preference shares are listed on the Johannesburg Stock Exchange (JSE:RACP).

Most of RAC’s value is attributed to a 58.8%stake in the Goldrush Group, the leading alternative gaming group in South Africa. Goldrush owns more than 4,000 bingo terminals across 35 venues, over 2,200 Limited Pay-Out Machines (LPMs) across five provinces, 24 sports-betting retail stores and a fast-growing online business.

Detailed commentary about Goldrush can be found in RAC’s annual report, available at this link.

RECM and Calibre
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Market price as at 31 December 2022