Home » Gambling Industry Growth in South Africa Revealed in National Gaming Board Data
Casino News

Gambling Industry Growth in South Africa Revealed in National Gaming Board Data

Did you know that gambling is that hot in South Africa? In fact, it is among the largest revenue producing industries.

Proof is in the recent data from the National Gambling Board (NGB) that reveals that it generated 30 billion rand in 2018 — just from the 40 licensed and operating brick-and-mortar casinos in the country.

But there is an online gambling ban in South Africa completely disregarded by numerous offshore operators who want a piece3 of the big market. South Africans sign up in droves for illegal online casinos.

The NGB is perturbed over rise of such illegal gambling, claiming it erodes the action at the legal gambling operations.

Nevertheless, the land-based casinos are expanding at breakneck speed due to the exciting offerings in the sphere of horse racing, bingo, classic table games and sports betting. By 2021, the total take should reach a whopping 25 billion rand.

Legalizing online gambling would give punters new options, but the Casino Association of South Africa hasn’t yet taken a clear stand. Things could change given the popularity of online gambling technology.

Source: https://europeangaming.eu/portal/latest-news/2019/08/02/51846/ngb-data-show-the-growth-of-gambling-industry-in-south-africa/

About the author

Carol Kay

Carol Kay

Carol Kay is an American editor and writer living in California with a background in business and finance, health and fitness and popular culture. She is the author of numerous books and articles on a variety of subjects. She is dedicated to disseminating information of public import on the internet.

Add Comment

Click here to post a comment

The following GDPR rules must be read and accepted:
This form collects your name, email and content so that we can keep track of the comments placed on the website. For more info check our privacy policy where you will get more info on where, how and why we store your data.