Africa
South African Gambling Industry Report 2019 – Gambling Regulatory Framework is Set to Shift Markedly when the National Gambling Amendment Bill is Approved
The “The South African Gambling Industry in South Africa 2019” report has been added to ResearchAndMarkets.com’s offering.
This report on the South African Gambling Industry includes comprehensive information on the sector and its subsectors including the lottery, casinos, limited payout machines, bingo and betting including betting on horse racing.
There are profiles of 20 companies and national and provincial gambling boards in the sector. Profiled companies include major players such as Tsogo Sun, which completed the unbundling of its hotel division and Sun International, which announced plans to increase its holding in hotel and casino resort Sibaya and is in negotiations to make an acquisition in Chile. Others include Ithuba, which manages the lottery and Phumelela Gaming and Leisure, a major player in horse racing.
The South African Gambling Industry
The fortunes of South Africa’s gambling industry were mixed during the past year. Although the casino segment continues to generate the lion’s share of total gross gambling revenue, its market share has declined markedly as bingo, betting, limited payout machines become popular.
Online gambling is increasingly taking share from on-the-ground casinos and other betting outlets. Although casinos generate higher revenues than other forms of gambling, the National Lottery attracts the highest number of players.
Regulatory Changes
The industry is heavily regulated and licensing is strictly controlled. The gambling regulatory framework is set to shift markedly when the National Gambling Amendment Bill is approved.
In its current form, the bill provides for new offences and the forfeiture of illegal winnings, revised definitions covering bingo, limited payout machines, online gambling and advertising, the restructuring of the National Gambling Board into a National Gambling Regulator and the introduction of a self-regulating body for the horse racing industry.
This and other regulatory changes such as the Liquor Amendment Bill, the proposed gambling levy and proposals in Gauteng to change casino tax may change the fortunes of some casino and betting operators.
Key Topics Covered
1. INTRODUCTION
2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
3. SIZE OF THE INDUSTRY
4. STATE OF THE INDUSTRY
4.1. Local
4.1.1. Corporate Actions
4.1.2. Regulations
4.1.3. Enterprise Development and Social Economic Development
4.2. Continental
4.3. International
5. INFLUENCING FACTORS
5.1. Economic Environment
5.2. Illicit Gambling, Fraud and other Criminal Activities
5.3. Regulatory Uncertainty
5.4. Rising Operational Costs
5.5. Technology, Research and Development (R&D) and Innovation
5.6. Negative Social Consequences of Gambling
5.7. Labour
5.8. Environmental Concerns
6. COMPETITION
6.1. Barriers to Entry
7. SWOT ANALYSIS
8. OUTLOOK
9. INDUSTRY ASSOCIATIONS
10. REFERENCES
10.1. Publications
10.2. Websites
Company Profiles
- Eastern Cape Gambling and Betting Board
- Egoli Gaming (Pty) Ltd
- Emerald Safari Resort (Pty) Ltd
- Free State Gambling, Liquor and Tourism Authority
- Gauteng Gambling Board
- Gold Circle (Pty) Ltd
- Ithuba Holdings (Rf) (Pty) Ltd
- Kwazulu-Natal Gaming and Betting Board
- Limpopo Gambling Board
- National Gambling Board
- Netbet (Pty) Ltd
- North West Gambling Board
- Northern Cape Casino Consultants Kairo (Pty) Ltd
- Northern Cape Gambling Board
- O L I M P (Pty) Ltd
- Peermont Global (Pty) Ltd
- Phumelela Gaming and Leisure Ltd
- Sun International Ltd
- Tsogo Sun Gaming Ltd
- Western Cape Gambling and Racing Board
For more information about this report visit https://www.researchandmarkets.com/r/d3697p
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Africa
Nolimit City Celebrates South Africa Debut
Nolimit City, the innovative slot developer known for its boundary-pushing games, announced its official entry into the South African market. This strategic move strengthens Nolimit City’s global footprint and brings its unique entertainment brand to a vibrant new audience.
The South African launch, made possible through Evolution’s One Stop Shop integration platform, enables local players to enjoy Nolimit City’s most popular titles, promising a high-standard experience for South African players. These include San Quentin xWays, Deadwood xNudge and Fire In The Hole xBomb amongst an ever-growing array of fantastic titles.
This announcement comes off the heels of their recent entry into Switzerland earlier this month and sets the tone for the rest of the year, with the provider eyeing further expansion in new markets throughout 2024, and beyond.
Malcolm Mizzi, Commercial Director at Nolimit City, said: “We’re thrilled to bring the adrenaline-fueled excitement of Nolimit City games to South African players. This marks a major milestone in our worldwide expansion, and we’re committed to delivering the best possible gaming experience to this dynamic market.”
Dean Finder, Chief Executive Officer at Evolution Services SA, said: “South African players, get ready for the exhilarating world of Nolimit City games! Their arrival is a game-changer in our market, and we’re dedicated to providing a top-notch, action-packed slot experience Nolimit is famous for.”
Africa
NSoft Unveils Revolutionary Crash Cash Game in Admiral Bet Uganda Retail Shops
NSoft, a leading software solutions provider for the betting and gaming industry, is thrilled to announce the launch of its innovative Crash Cash games in Admiral Bet retail betting shops across Uganda.
This groundbreaking move marks a significant milestone in NSoft’s strategic expansion into the African market, particularly in the realm of retail crash games, in partnership with the esteemed Admiral Bet brand.
By transitioning this popular online gaming concept to the retail environment, NSoft is set to revitalize the retail betting sector, which has faced challenges such as limited space and outdated equipment, hindering its ability to offer fresh gaming experiences.
NSoft is redefining the retail betting landscape with the introduction of Crash Cash. Unlike anything currently available in retail betting, Crash Cash is designed to disrupt and innovate with its state-of-the-art infrastructure, providing a seamless, visually engaging experience for players.
The game is enhanced by NSoft’s proprietary Boost Gamification System, offering unique features that set it apart in a competitive market.
Crash Cash’s simplicity and accessibility are key to its appeal. The game’s straightforward mechanics ensure that it is easily understandable and enjoyable for players of all experience levels, making it a perfect fit for the fast-paced retail environment where engaging and quick-to-learn games are highly valued.
With this innovative offering, NSoft is not only aiming to captivate players but also to establish a new benchmark in retail gaming experiences.
The company’s deep understanding of the retail gaming market, combined with its commitment to innovation, positions Crash Cash as a game-changer that will attract new customers and redefine what is possible in retail betting.
Africa
1Stop Translations Partners with Suss Ads
1Stop Translations has entered into a strategic partnership with Suss Ads, a leading Kenyan technology and marketing services provider. The partnership aims to offer iGaming companies entering the African markets a seamless entry into the continent.
This partnership will integrate the expertise of 1Stop Translations in the field of translations and international digital marketing with that of Suss Ads.
Nicola Pansini, Sales and Marketing Manager at 1Stop Translations, said: “We are proud to announce this agreement between 1Stop Translations and Suss Ads, because the two companies have a common goal: to provide their customers with the best possible service in terms of quality and results. With this partnership, the two companies have integrated their service offering, becoming the point of reference for all companies operating in the iGaming and betting sector and looking for effective marketing solutions to expand their business in the African market.”
Dennis Maina, Managing Partner at Suss Ads, said: “We are excited to join forces with 1Stop Translations. This partnership will seamlessly integrate the expertise of 1Stop Translations in translations and international digital marketing with our own specialization in Programmatic Ads and SMS advertising campaigns. Together, we will offer a comprehensive solution that leverages technology and linguistic proficiency to empower our clients to reach and engage with their target audience effectively in the African market and beyond.”
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