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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

Springbok Casino as the Fastest Payout Casino for 2024

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Springbok Casino as the Fastest Payout Casino for 2024
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South African online casino portal GamblingSA.co.za has voted Springbok Casino as the Fastest Payout Casino for 2024. This prestigious recognition highlights Springbok Casino’s commitment to providing players with quick and reliable access to their winnings.

GamblingSA.co.za is renowned for being South Africa’s largest and most trustworthy online gambling guide. Since 2003, it has delivered comprehensive reviews and recommendations to South African players, making it a critical resource for those seeking secure and rewarding online gambling experiences. The platform’s endorsement carries significant weight due to its rigorous review process and deep understanding of the industry.

Springbok Casino Thrilled with the Vote

Springbok Casino expressed its excitement and gratitude for this accolade. The casino has always prioritised the player experience, and fast payouts are a key aspect of its service. Receiving this recognition reaffirms its dedication to excellence.

“We are thrilled to be recognised as the Fastest Payout Casino for 2024 by GamblingSA.co.za. This award is a testament to our continuous efforts to enhance our payout processes and ensure that our players receive their winnings promptly,” said John Smith, General Manager of Springbok Casino.

Gatis van Hachava, Editor-in-Chief of GamblingSA.co.za, also commented on the award: “Springbok Casino has set a high standard in the industry with their swift payout times. This efficiency is crucial for players who value timely access to their funds. We are proud to acknowledge their outstanding service.”

Why Did Springbok Casino Get Chosen?

The features that led to GamblingSA.co.za selecting Springbok Casino for this award include its streamlined withdrawal processes, dedicated payment teams, and a variety of payout options that cater to the preferences of South African players. Springbok Casino has implemented advanced financial technologies to ensure that transactions are processed quickly and securely, providing players with peace of mind and satisfaction.

Fast payouts are critical for online casino players. Speedy withdrawals enhance player satisfaction and build trust and credibility in the casino. Only leading online casinos with robust financial systems and customer-oriented policies can consistently offer this feature.

In South Africa, online casino players have various payment methods at their disposal. Popular options include EasyEFT, Visa, Mastercard, Skrill, and Bitcoin, among others. These methods provide flexibility and security, catering to the diverse needs of the gaming community.

 

About Springbok Casino

Springbok Casino is South Africa’s favourite online gaming destination, offering a wide range of real money slots, table games, and live dealer options. Known for its excellent customer service and extensive payment options, Springbok Casino is dedicated to providing a top-notch gaming experience for South African players.

 

About GamblingSA.co.za

GamblingSA.co.za is South Africa’s premier online casino and gambling guide. Established in 2003, it offers unbiased reviews, expert recommendations, free casinos no deposit, Free Spins Casinos and comprehensive insights tailored to ZAR casino players. The platform is a vital resource for players seeking secure, high-quality, and rewarding online gambling experiences.

For more information, please visit Springbok Casino and GamblingSA.co.za.

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Africa

Digitain To Provide Turnkey Solution to BetJara

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Digitain To Provide Turnkey Solution to BetJara
Reading Time: 2 minutes

 

Digitain signs an agreement with Nigerian regulated operator BetJara to provide a turnkey Sportsbook and Casino solution.

Digitain, a global leader in Sportsbook and iGaming solutions, expanded its reach in Africa with the signing of BetJara, a Nigerian-based operator to provide its award-winning turnkey solution.

In the agreement, Betjara shall be provided with Digitain’s award-winning GLI-certified turnkey solution, which includes a proprietary sportsbook, esports, virtual sports, and casino.

The sportsbook delivers 100+ sports, 130,000+ Live and 80,000 pre-match events monthly, 15,000+ Leagues, and 3,000+ Betting Markets. It includes 20,000 daily virtual events with 150+ betting markets. The turnkey solution combines a Casino, Payment Gateway, Sports Data and Statistics, and enterprise tools for all operational channels for BetJara’s players.

Ani Mkrtchyan, Digitain’s Chief Sales Officer, said: “We are delighted that BetJara, regulated by the National Lottery Regulatory Commission (NLRC) of Nigeria, has selected Digitain as their sportsbook and casino technology platform provider.

The BetJara brand is known to provide the best gaming and trading experience for all users and reward their customers with innovations, product offerings, and the best betting odds, betting bonus, and fastest paying out platform in the industry.

With Digitain’s turnkey solution, BetJara will have access to Gamification tool, which is built for mobile and desktop usage, so that operators can create promotional campaigns for acquisition, retention, and revenue growth, combined with our sportsbook features such as Autobet, Betbuilder, Sports Jackpots, Instant Cashback, Push Notifications., We are positive BetJara’s players shall enjoy them.”

Owoseni Abiodun Dada, CEO of BetJara, commented: “We aim to offer our players in Nigeria one of the best gaming and trading experiences in the marketplace. Digitain has proven itself to be a leader in B2B turnkey sportsbook and casino solutions, and with that, we can scale and ensure the best features and experience for our players.”

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Africa

BetGames expands bespoke collection with Shova 52 release for Hollywoodbets

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Leading games provider BetGames has expanded its catalogue of bespoke casino titles with the release of Shova 52, a unique card game based on the popular local game, “Call A Card”, designed exclusively for South Africa-based tier-one operator Hollywoodbets.

The release follows the extremely successful launch of BetGames’ debut crash game Skyward, with the innovative provider and Hollywoodbets keen to capitalise on its prominence to reaffirm and develop their positions in the South African market.

Shova 52 is a card game like no other, tasking players with predicting which card will land on the ‘Player’ position on the table once 52 cards have been dealt alternately to the ‘Player’ and ‘Dealer’. It is a simple concept executed with BetGames’ ever-present attention to detail, striking a perfect balance between fast-paced gameplay and winning potential.

BetGames’ foray into the bespoke game development market has been a prosperous one, emphasised by Hollywoodbets’ desire to further the collaboration with another exclusively tailored title in Shova 52.

The game release marks another significant milestone in the symbiotic relationship between the industry-leading provider and tier-one operator as both look to expand their presence and influence across the rapidly growing South African market, which is predicted to generate US$828.50 million in 2024.

James Everett, VP for Africa and LatAm at BetGames, said: “We are delighted to continue our fruitful relationship with tier-one operator Hollywoodbets, which is sure to assist with our ambitious growth plans in South Africa.

“This game has been created with meticulous care to ensure that Hollywoodbets’ players benefit from the optimal gaming experience and associate BetGames with cutting-edge technology.”

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