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NGB Data Show the Growth of Gambling Industry in South Africa

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6 years ago

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Data from the National Gambling Board (NGB) have shown that gambling is one of South Africa’s biggest grossing industries. Gambling industry generated 30 billion rand in 2018. This is just from the 40 brick-and-mortar casinos licensed to operate in the country.

Online gambling is currently banned in South Africa but that has not prevented offshore operators from targeting the South African market nor has it deterred South Africans from signing-up at these illegal online casinos. NGB is highly concerned that the rise of illegal gambling is eroding the revenue of legal gambling operations.

The brick and mortar casino industry in the country is growing rapidly as it offers punters a variety of options like sports betting, horse racing, bingo and classic table games. The land base casino industry is expected to generate around 25 billion rand by 2021.

The South African government has been hesitant to legalise online gambling and give punters even more options. The Casino Association of South Africa claims that it is neither for nor against legal online gambling but it highlighted the fact that with the advancement of technology, online gambling is growing more popular by the day.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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