Safa to target betting companies to pay 'fair share'

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Safa believes it should receive a fair share from these companies who conduct betting on Safa events.

CAPE TOWN - As the South African sports betting industry grows exponentially, the South African Football Association is eyeing the revenue of these private wagering operators who receive bets on their Safa products .Safa believes that they should receive a fair share from these companies who conduct betting on Safa events, the vast majority of bets placed stems from football, said to be between 60% and 90%.

With the industry growing faster than most industries in South Africa, Paul wants government support to change legislation and believes they can also benefit from a new model where betting companies pay their "fair share"."We are saying that from a government perspective, the government can obviously dictate the percentages.“We are requesting the portfolio committee for Sport and Recreation to assist us and to give us guidance.

 

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