Search
Close this search box.
Search
Close this search box.

A Brief Overview of Online Gambling In South Africa: Facts, Figures and More

Online Gambling In South Africa

South Africans have developed a taste for online gambling. In this rapidly growing market, we are seeing plenty of upward movement, spurred on by an influx of online gambling options. Let’s take a look at the current state of the industry and what it means for the country

Online Gambling in SA: Who, Where, When and How?

The National Gambling Board published its figures surrounding gambling for the financial year 2022-2023:

  • Gambling bets for the year totaled R815.1 billion, which was a year-on-year increase of just over 45%
  • Total revenues from gambling for the year stood at R47.2 billion, which was up 34% over the last year
  • Betting made up 50% of revenues, followed by casinos at 37%
  • Taxes gained from betting stood at R4.1 billion, an increase of 29% over the previous year
  • Casinos made up 43% of the tax revenues, as compared to betting at 40%

According to TGM Research, in the areas of sports betting:

  • Almost half of all South Africans are reported to have bet on sports within the past 12 months
  • Around a quarter of those who bet on sports will bet multiple times per week
  • Around 90% of those people betting on sports will do this by accessing apps and websites, rather than placing bets in person

The Dangers of Sports Betting on At-Risk Players

We spoke to Lori Patterson, online gambling expert at NoDepositBonus.guide, who had a rather interesting take on this: 

‘When one looks at South Africans’ transactional behaviors when gambling the disparate incomes are quite evident. Typically, sports betting is the most popular and attracts individuals veering towards a lower ‘Living Standards Measure’, or LSM. This is a marketing research tool used in South Africa, and classifies the standard of living and vis-à-vis individuals’ disposable income.

Of course, this shouldn’t stop here, and evaluating bettors’ gambling habits equips sportsbooks and operators offering sports wagering services to highlight punters’ activity and pinpoint instances of over-betting. Implementing affordability checks is crucial both to bettors and betting companies. This is because it significantly decreases the number of those falling into debt, and in turn, lightens the burden on the South African economy associated with increasing rates of consumer debt.’

How Does This Stack Up to The Economy?

South Africa’s economy is climbing slowly, after dips in prior years. However, the economy isn’t doing as well as was expected by international investors. There has been an exodus of sorts, as non-residents divest stocks and bonds, after the market failed to impress on the promise that it once showed.

What About Online Gambling Growth?

Online gambling uptake around the world has skyrocketed and South Africa is no outlier in this trend. There are a few reasons that online gambling is now becoming a huge industry worldwide.

More Countries Are Legislating Around Online Gambling

In the past, the majority of countries had no laws surrounding online gambling. In many countries, the laws surrounding internet usage in general are not very advanced. Introducing new laws in online gambling, even when in-person gambling is legal, can be a tricky task. However, thanks to some leaders in the space, namely the UK and now the USA, countries have strict guidelines they can also adopt by cherry-picking the best parts of other countries’ laws.

Technology Growth

The way that we consume content, work, and game, has changed so much, just even over the past ten years. Thanks to leaps and bounds in tech innovation during this time, we now have access to advanced online gaming at any time, in an instant. Providers are able to get impressive new games into our hands and imprinted in our minds with a clever marketing campaign.

Smartphone Adoption in Emerging Economies

While the West has had an iPhone in their palms from the beginning, emerging economies are only just now seeing smartphone usage becoming pervasive. What this means for online gambling houses is that they now have whole new markets coming online and more people to reach. Smartphone habits vary from country to country, and you’ll see that gaming, and indeed gambling, is extremely prevalent as a daily activity for many people in these emerging economies. 

A Brighter Future

With South Africa’s future looking bright, once it gets through a number of short term crises, including supply chain problems, macroeconomics, scarce resourcing, access to healthcare, and public institutional levels, society as a whole will benefit. While gambling operators and organizations within the country need to put in place blocks to help stop people in financial distress from gambling, we are likely to see fewer and fewer people in financial distress over the next few years and decades. While online gambling looks like it’s set to grow forever, there will eventually be a ceiling once everyone has tried and knows the playing field.


Subscribe to Our Newsletter

Related Articles

Top Trending

Historical Events and Famous People Born on May 12
Discover the Historical Events and Famous People Born on May 12
Comfortable Home Design Elements
5 Design Elements Every Home Should Have For Comfort
how to clean wax warmer
How to Clean Your Wax Warmer: Easy Maintenance Tips
State of Labor Laws
The State of Labor Laws 2025: A Country-by-Country Breakdown
Promote Your NFT Project
10 Best Ways To Promote Your NFT Project And Gain Visibility

LIFESTYLE

Mother's Day Around The World
Mother’s Day Traditions Around the World: Mother's Day 2025 Special
summer birthday party ideas
Creative Summer Birthday Party Ideas for Kids in 2025
May 6 Zodiac
May 6 Zodiac: Positive Traits, Compatibility and More about Taurus
self storage solutions for life transitions
How Self Storage Can Help During Major Life Changes (Divorce, Moving, etc.)?
why is my poinsettia dying
Why Is My Poinsettia Dying? Tips To Revive Your Wilting Poinsettia Plant

Entertainment

jacob batalon net worth
Jacob Batalon Net Worth Revealed: Spider-Man Star's Financial Success
Tom Cruise and Nicole Kidman
Tom Cruise Honors Nicole Kidman’s Talent in Rare Interview
machine gun kelly new tattoo
Machine Gun Kelly Debuts New Tattoo: A Blackout Masterpiece
tickzoo
Tickzoo Review: Discover Comprehensive Insights on Tick Management
How Old is Hasbulla
How Old is Hasbulla? Discover the Age of the Internet's Favorite Miniature MMA Fighter

GAMING

Hardest Boss Fights in Gaming
The Hardest Boss Fights in Gaming History (Ranked)
Avoid Getting Tilted in Competitive Gaming
How to Avoid Getting Tilted in Competitive Gaming?
Reduce Input Lag for a Smoother Gaming
How to Reduce Input Lag for a Smoother Gaming Experience?
AI NPCs
The Rise of AI NPCs: Will They Replace Real Players?
Virtual Reality Arcades
How Virtual Reality Arcades Are Making a Comeback?

BUSINESS

Dogecoin Bitcoin Rally
Dogecoin Gains 27%, Bitcoin Nears All-Time High Amid Crypto Boom
Defi loans for businesses
How DeFi Loans Are Helping Businesses Access Capital Without Banks?
Powerful Triggers That Build Business Loyalty
The Psychology of Corporate Gifting: 7 Powerful Triggers That Build Business Loyalty
Business Behind Game Localization
The Business Behind Game Localization: How It Works
International Employment Agencies
How international employment agencies can help you find talent in hard-to-reach markets?

TECHNOLOGY

Promote Your NFT Project
10 Best Ways To Promote Your NFT Project And Gain Visibility
Sensor Technology in New Zealand Farming
How Sensor Technology is Enhancing Farm Efficiency in New Zealand
Best gaming video editing software
How to Edit Gaming Videos Like a Pro: Top Software & Tips?
AI NPCs
The Rise of AI NPCs: Will They Replace Real Players?
Virtual Reality Arcades
How Virtual Reality Arcades Are Making a Comeback?

HEALTH

Yimusanfendi
7 Incredible Benefits of Yimusanfendi Meditation and Possible Side Effects
Connection Between Hydration and Urinary Health
The Connection Between Hydration and Urinary Health
Neuralink Brain Implant Patient Regains Speech
Neuralink Brain Implant Helps ALS Patient Regain Speech with AI Support
Wegovy for Weight Loss
Wegovy for Weight Loss: Is It Worth Buying Online?
Role of Sperm DNA Fragmentation Testing in IVF
The Role of Sperm DNA Fragmentation Testing in IVF with ICSI Success