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

netflix march 2024
Netflix March 2024 Watch List [Movies and TV Shows]
Izzy Green Leaks
Izzy Green Leaks: The Controversy Surrounding The Viral Videos
Future Proof Jobs
25 Future-Proof Jobs That Are Here to Stay Forever
Integra Sources
Integra Sources: Custom Project Development Services
hulu march 2024
Hulu March 2024 Lineups for New Shows and Movies [Updated]

LIFESTYLE

Taurine Key to Extending Life Research Finds
Taurine: The Secret Ingredient for a Longer Life? Latest Research Insights
Strategies to Beat Procrastination
Beat Procrastination: Effective Strategies to Stay Productive!
Egyptian Cotton Sheets for Your Bed
A Beginner's Guide to Choosing the Perfect Egyptian Cotton Sheets for Your Bed
Long Lehenga Choli
Elegance Redefined: Navigating the Diverse World of Long Lehenga Choli Designs
valentines day outfits
Top 20 Trendy Valentine's Day Outfits in 2024 For Every Occasion

Entertainment

netflix march 2024
Netflix March 2024 Watch List [Movies and TV Shows]
Izzy Green Leaks
Izzy Green Leaks: The Controversy Surrounding The Viral Videos
hulu march 2024
Hulu March 2024 Lineups for New Shows and Movies [Updated]
amazon prime march 2024
What's Available on Amazon Prime Video in March 2024 [Movies and TV Shows]
how tall is adin ross
How Tall is Adin Ross? An In-Depth Look at the Twitch Star's Height

GAMING

Nintendo lawsuit Rhode Island Game Piracy
Nintendo Takes Legal Action Against Rhode Island Company Over Game Piracy Claims
Best Online Pokies in Australia
The Best Online Pokies in Australia
Sports Betting vs Online Casinos
Sports Betting vs Online Casinos: Where is it Easier to Win?
Play Games for Bitcoin
Can You Play Games for Bitcoin? 
Most Played Games at Online Casinos
Discover the Most Played Games at Online Casinos

BUSINESS

Sam Altman OpenAI Investigation Investor Claims
OpenAI & Sam Altman Probe: Investor Mislead Claims Amidst Leadership Turmoil
Futures and Options
Evaluating the Safety of Investing in Futures and Options
Young Australians Money
Why Young Australians Need to Know About Money?
NPS Tier 1 vs Tier 2
NPS Tier 1 vs Tier 2: Understanding the Differences
Tips to Manage Your Small Business in 2024
5 Tips to Manage Your Small Business in 2024

TECHNOLOGY

Integra Sources
Integra Sources: Custom Project Development Services
Sam Altman OpenAI Investigation Investor Claims
OpenAI & Sam Altman Probe: Investor Mislead Claims Amidst Leadership Turmoil
Nintendo lawsuit Rhode Island Game Piracy
Nintendo Takes Legal Action Against Rhode Island Company Over Game Piracy Claims
Google Cloud Stack Overflow Gemini Partnership
Google Cloud and Stack Overflow Unite: Gemini Project Elevates Developer Experience
Online Search Decline 2026 Change Drivers
2026 Forecast: The Key Drivers Behind a 25% Drop in Online Searches

HEALTH

Norovirus Cases Surge US Northeast CDC Report
US Norovirus Surge: CDC Highlights Spike in Northeast Cases
Top Healthiest and Unhealthiest Countries
Top Healthiest and Unhealthiest Countries Globally - 2024 Rankings
Best Way to Prevent Gum Disease
What is the Best Way to Prevent Gum Disease?
Norovirus Outbreak Northeast CDC Data
Norovirus Outbreak Hits Northeast: Latest CDC Data Reveals Spread
Brain Stimulation RTMS vs DTMS
Decoding Brain Stimulation Therapies: RTMS vs DTMS Explained