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South Africa’s Gambling Phenomenon

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Manage episode 480211162 series 2579897
Content provided by Laila Maijet. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laila Maijet or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

The gambling sector has demonstrated extraordinary expansion in the past year. According to the National Gambling Board, South Africans spent R1.1 trillion in the local gambling industry between April 2023 and March 2024, with gross gambling revenue rising 25.7% to R59.3 billion. Sports betting leads this growth contributing two-thirds of total revenue1. This sector saw a surge post the COVID-19 lockdowns, with online platforms remaining popular due to their accessibility and reduced social stigma compared to traditional casinos.

See omnystudio.com/listener for privacy information.

  continue reading

351 episodes

Artwork
iconShare
 
Manage episode 480211162 series 2579897
Content provided by Laila Maijet. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Laila Maijet or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

The gambling sector has demonstrated extraordinary expansion in the past year. According to the National Gambling Board, South Africans spent R1.1 trillion in the local gambling industry between April 2023 and March 2024, with gross gambling revenue rising 25.7% to R59.3 billion. Sports betting leads this growth contributing two-thirds of total revenue1. This sector saw a surge post the COVID-19 lockdowns, with online platforms remaining popular due to their accessibility and reduced social stigma compared to traditional casinos.

See omnystudio.com/listener for privacy information.

  continue reading

351 episodes

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