Sports betting has rapidly overtaken casino gambling in South Africa, raising some concerns about whether it should be more strictly regulated.
Online sports betting has seen a massive spike in revenue since the 2020–2022 lockdowns, with bets placed by South Africans increasing by 1,167% over six years.
This surged to R107 billion by 2020/21 and more than doubled to R233 billion by 2021/22 — a 118% change in bets placed over a year.However, as the number of sports betters increased, so did the number of gamblers seeking assistance with their addiction. Earlier this year, the media giant launched another betting platform in partnership with KingMakers called SuperSportBet.
The bill, which took two years to compile according to then-industry and trade shadow minister Dean MacPherson, also proposes that gambling licences be issued by relevant provincial authorities rather than the National Gambling Board. , where a former sports bettor said that unemployment had been a major contributor to the uptake of gambling.He said that while there is a chance to win something on the app, the risk of being able to turn what little they have into more to provide for their families often overpowers the need to make a responsible economic decision.“It does get tempting. And then you feel that you need to put more money into it.
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