South Africa’s growing online gambling market: challenges and potential

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South Africa is becoming the main market for online gambling in Africa. Statista shows in several reports a clear increase in the country’s online betting activ

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.For most people and industry companies, the online gambling market in South Africa is still unknown. The truth is that this market is still pretty young and in full development.

The development will happen mostly thanks to online sports betting in particular. This market section is going to reach $0.86 billion in 2024. It showcases how popular sports betting will be across the African continent. South Africa is becoming the main market for online gambling in Africa. This is because this activity is more popular there, given the great internet access and convenience. Statista shows in several reports a clear increase in the country’s online betting activity.In South Africa, gambling consists of traditional options and new, innovative platforms that attract daring players.

However, experts in the industry always encourage players to bet responsibly and look at gambling as a way of entertainment. It’s never a way to become rich overnight, even if that can happen.The study proves that there is a fairly even split between people who win and those who lose. The results should be at least alarming, as gambling can be a really sensitive subject with different outcomes.

 

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