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South Africa Gambling Industry Report 2022: Current State of the Industry – Casinos and Online Gambling, Limited Payout Machines, Horse Racing and Sports Betting & the Lottery

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The “The South African Gambling Industry 2022” report has been added to ResearchAndMarkets .com’s offering.

This report focuses on the gambling industry and includes information on the state of the industry including casinos and online gambling, limited payout machines, horse racing and sports betting and the lottery. It includes information on influencing factors such as regulation, major players and developments.

There are profiles of 23 companies such as major players in casinos Tsogo Sun Holdings, Sun International and Peermont Global, horse racing operators 4Racing and Gold Circle, lottery operator Ithuba and sports and online betting companies such as Netbet (Sportingbet) and various gambling boards and regulators.

The Gambling Industry in South Africa

The gambling industry is recovering from the loss of business during the pandemic when casinos and bars were shut. However, industry sources say casino and bingo revenues are still below pre-pandemic levels, with the rebound being driven by betting and limited payout machines. The effects of the lockdown resulted in a shift in market share, largely to online betting.

This trend is expected to continue, as the steady decline in the revenue market share of casinos has been going on for years. New products and the borderless online environment bring direct competition to traditional gambling establishments and deprive the country of licensing and tax revenue.

Trends

Some of the most popular forms of gambling in South Africa include casino betting, sports betting, and bingo. The industry is growing despite the poor economy, driven by online and sports betting. Illegal online gambling is difficult to monitor and regulate.

The popularity of horse racing has been declining in recent years in favour of sports betting. South Africa’s sports betting sector centres around rugby, soccer, cricket, and horse racing. Bets can also be placed on the top US sports leagues.

Key Topics Covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry
2.4. Key Success Factors and Pain Points

3. LOCAL
3.1. State of the Industry
3.2. Key Trends
3.3. Notable Players
3.4. Corporate Actions
3.5. Regulations
3.6. Enterprise Development and Social Economic Development

4. AFRICA

5. INTERNATIONAL

6. INFLUENCING FACTORS
6.1. COVID-19
6.2. Economic Environment
6.3. Illicit Gambling, Fraud, and other Criminal Activities
6.4. Rising Operational Costs
6.5. Labour
6.6. Negative Social Consequences of Gambling
6.7. Technology, Research and Development (R&D) and Innovation

7. COMPETITIVE ENVIRONMENT
7.1. Competition
7.2. Ownership Structure of the Industry
7.3. Barriers to Entry

8. SWOT ANALYSIS

9. OUTLOOK

10. INDUSTRY ASSOCIATIONS

11. REFERENCES
11.1. Publications
11.2. Websites

Companies Mentioned

  • 190 Flamingo LLC
  • 3535 LV Corp
  • 3535 LV Parent LLC
  • 4Racing (Pty) Ltd
  • AC Conference Holdco
  • AJP Holdings
  • Anytime Power (Pty) Ltd
  • Aster Insurance Ltd
  • Ballys
  • Baluma
  • Benco Inc
  • Betcoza
  • Betsumor Gaming (Pty) Ltd
  • Betting Information Technology (Pty) Ltd
  • Betting World
  • BI Gaming Corporation
  • Biloxi Hammond LLC
  • Biloxi village Walk Development LLC
  • BL Development Corp
  • Boardwalk Regency Corporation
  • BPP Providence Acquisition Company LLC
  • Burlington Street Services Ltd
  • CA Hospitality Holding Company Ltd
  • Caesars
  • California Clearing Corporation
  • Cassava Investments (Pty) Ltd
  • CG Services LLC
  • CH Management Company Ltd
  • Chester Downs and Marina LLC
  • Chester Facility Holding Company LLC
  • Christian County Land Acquisition Company LLC
  • Cinderlane Inc
  • Consolidated Supplies Services and Systems
  • Corner Investment Company Newco LLC
  • Cromwell Manager LLC
  • CZL
  • Dagger Holdings Ltd
  • DCH Exchange LLC
  • DCH Lender LLC
  • Des Plaines Development Ltd Partnership
  • Desert Palace Inc
  • Durante Holdings LLC
  • East Beach Development Corporation
  • Eastern Cape Gambling and Betting Board
  • Edward Cavendish and Sons (Pty) Ltd
  • Egoli Gaming (Pty) Ltd
  • Emerald Safari Resort (Pty) Ltd
  • Euphorbia (Pty) Ltd
  • Ezeefun (Pty) Ltd
  • FHR Corporation
  • FHR Parent LLC
  • Flamingo
  • Foothills Trading and Investment (Pty) Ltd
  • Free State Gambling, Liquor and Tourism Authority
  • Galaxy Bingo
  • Gauteng Gambling Board
  • GB Investor LLC
  • GCA Acquisition Subsidiary Inc
  • GNOC Corp
  • Gold Circle (Pty) Ltd
  • Golden Nugget Club Ltd
  • Grand Coffee House (Pty) Ltd
  • Grand Foods Bakery (Pty) Ltd
  • Grand Ice-Cream (Pty) Ltd
  • Grand Media Buying Inc
  • GRIPP Advisory (Pty) Ltd
  • H-BAY LLC
  • HAC CERP Manager LLC
  • Harrah South Shore Corporation
  • Harrahs
  • Harveys
  • HBR Realty Company Inc
  • HCAL LLC
  • HCI
  • HCR Services Company Inc
  • HEI Holding
  • HET International
  • HHLV Management Company LLC
  • HIE Holdings
  • HLV CERP Manager LLC
  • Hole in the Wall LLC
  • Hollywood Sportsbook Holdings
  • HTM Holding Inc
  • Interbet (Pty) Ltd
  • Ithuba Holdings (RF) (Pty) Ltd
  • JCC Holding Company II Newco LLC
  • Jeddler Investments (Pty) Ltd
  • JGB Vegas Retail Lessee LLC
  • Johnnies Strategic Investment Holdings Ltd
  • Kaapse Wynprodusente Vereniging (Pty) Ltd
  • Koval Holdings
  • KwaZulu-Natal Gaming and Betting Board
  • La Concorde
  • LAD Hotel Partners LLC
  • Lakama Resorts and Casino (Pty) Ltd
  • Las Vegas Golf Management LLC
  • Las Vegas Resort Development Inc
  • Laughlin CERP Manager LLC
  • Laundry Parent LLC
  • LCI PLC
  • Lexshell 94 General Trading (Pty) Ltd
  • Lifeboat Inc
  • Limitless Angel Fund (Pty) Ltd
  • Limpopo Gambling Board
  • Listed Investments (Pty) Ltd
  • London Clubs
  • LVH Corporation
  • LVH Parent LLC
  • Martial Development Corporation
  • Monte Cinemas (Pty) Ltd
  • National Casino Resort Manco Holdings (Pty) Ltd
  • National Gambling Board
  • Netbet (Pty) Ltd
  • Nevada Marketing LLC
  • Niveus Invest11 (Pty) Ltd
  • North West Gambling Board
  • Northern Cape
  • O L I M P (Pty) Ltd
  • Ocean Showboat Inc
  • Octavius Linq Holding
  • OCZ Holdings Pte Ltd
  • Parball LLC
  • Parball Parent LLC
  • Paris CERP Manager LLC
  • Paris Las Vegas Operating Company LLC
  • Park Place Finance ULC
  • Peermont Global (Pty) Ltd
  • PH Employees Parent LLC
  • PHW
  • Playboy Club (London) Ltd
  • Players Bluegrass Downs Inc
  • Players Development Inc
  • Players Holding LLC
  • Players International LLC
  • Players LC LLC
  • Players Maryland Heights Nevada LLC
  • Players Resources Inc
  • Players Riverboat
  • Players Services Inc
  • Pocatello Investments (Pty) Ltd
  • Quad Manager LLC (The)
  • R A Corporate Services (Pty) Ltd
  • Reno Crossroads LLC
  • Reno Projects Inc
  • Rio CERP Manager LLC
  • Rio Development Company Inc
  • Robinson Property Group Corp
  • Roman Entertainment Corporation
  • Romulus Risk and Insurance Company Inc
  • Showboat
  • Slots and Keno Ltd
  • Sofiline (Pty) Ltd
  • Sportsman Club Ltd (The)
  • Sterling Suffolk Racecourse LLC
  • Sun International
  • Sunwest Tote (Pty) Ltd
  • Supabets (Pty)
  • Supaworld Gauteng (Pty) Ltd
  • SW Security and Fire Solutions

Africa

Hub88 partners with LiveGames to enhance content offering

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Hub88 partners with LiveGames to enhance content offering
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Hub88 has partnered with live casino supplier LiveGames, further strengthening its product offering by adding a unique range of content to its platform.

LiveGames provides fully customisable online live dealer games and branded tables including the first vertical roulette table in the sector, along with crash games and the widely played Tombola.

The supplier delivers experiences with a player-focused design, easy to use mobile interface, and high-resolution broadcasts.

The partnership will support LiveGames’ goal to further expand in international markets, including Africa, Asia, and Latin America where Hub88 has a strong presence.

The deal showcases Hub88’s commitment to grow its ecosystem of partners, offering a diverse portfolio of products and content.

Ollie Castleman, Head of Hub88, said: “We’re thrilled to unveil this strategic partnership with LiveGames which sees us add a great provider to our platform, one that utilises modern technology to offer bespoke and personalised gaming experiences to players.

“We are looking forward to collaborating and strengthening our content library with their diverse games.”

The LiveGames Team said: “Our journey started in a small studio and as a team, we are excited about now expanding to every corner of the world together with Hub88 and their extensive operator network.

“We are committed to promoting innovation in the industry and this partnership will support us on that mission.”

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Africa

NE Group powers 888bets launch in Angola

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NE Group powers 888bets launch in Angola
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NE Group, a leading B2B iGaming software supplier, has teamed up with online gambling operator 888 to launch 888bets for the Angolan market.

888Africa was originally set up to operate 888 brands in online betting and gaming markets across hand-picked regulated countries within Africa. Angolan sports bettors will now have seamless access to online sports betting through 888bets.co.ao

NE Group specialises in offering innovative, lightweight front-end solutions for best-in-class iGaming experiences. An extensive localised knowledge is the inspiration behind a platform that is renowned for flexibility and adaptation for unique African preferences. Together with 888, the platform delivers smooth gameplay across diverse data speed environments – essential for broad accessibility in Africa.

For the first time in the country, Angolan bettors will have the opportunity to experience the acclaimed Aviator crash-game on the platform. Additionally, the new site incorporates built-in features and tools for Responsible Gaming teams to monitor and support safe gaming practices

NE Group CEO Imran Bukhari said: “It’s brilliant to see the 888bets sportsbook launch in Angola to bring sports betting fans an experience they deserve. Our specialised sports betting platform and lightweight frontend solution for Africa allows 888bets to quickly scale.”

888bets added: “As a country with huge potential, we expect big things from our launch in Angola. Working with NE Group has enabled us to deliver an experience that sports bettors will love and that is enriched with engaging products.”

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Africa

KingMakers’ Nigerian operating business, BetKing, selects Genius Sports to power growth with in-play trading services

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KingMakers’ Nigerian operating business, BetKing, selects Genius Sports to power growth with in-play trading services
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New partnership sees KingMakers’ BetKing business benefit from Genius Sports’ leading portfolio of in-play content in Nigeria, including football, tennis and basketball

Genius Sports Limited has today announced a new agreement to supply KingMakers, one of the fastest-growing group of betting operators in Africa, with a range of in-play trading services.

The deal sees BetKing power its live betting product with ultra-fast venue content for the Premier League, La Liga, Serie A, Ligue 1, Bundesliga, English Football League, FIBA basketball and every other major European and South American football league.

Genius Sports will also provide BetKing with its market-leading trading services which include modelled odds feeds for major football competitions.

With in-play sports betting growing rapidly across Africa, fast and accurate odds are vital to maximising revenues by increasing the availability of betting markets.

Tim Smeets, Trading Director at Kingmakers said “We’re thrilled to announce our new partnership with Genius Sports. Their trusted trading solutions, including low-latency in-play content on crucial football leagues like the Premier League, will enable us to offer market-leading betting experiences for BetKing users in Nigeria.”

Will Westcott, Head of Business Development at Genius Sports said “Every year, we continue to invest in delivering the highest-quality trading services for the African market. With the value of in-play betting growing across Africa, we’re excited to help BetKing execute its online sports betting vision in Nigeria, by providing it with the fastest, most reliable live content on the market for major sports.”

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