HOW much the South African betting industry is worth in 2024

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National gambling board reveals how much the South African betting industry in 2024 is worth. The numbers will shock you …

in wagers over the last financial year. Suffice to say, the industry is growing exponentially and the big players within the business are making billions in profit as a result.The numbers are in and online sports betting and gambling companies are making money hand over fist. Image: FileNew companies are entering all the time but a few big players hold sway for now. Image: File

Hugely popular in the South African betting industry, Betway , Hollywoodbets, SpinBet, SunBet dominate the online space and generate billions of rands each month. As you might imagine, the rapid rise of the South African betting industry is, and pump millions into new platforms. For example, MultiChoice and Nigerian betting company KingMakers, is one such venture that invested billions into a new SuperSportBet platform aimed specifically at sports fans.due to its association with SuperSport.

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