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TheThe South African Gambling Industry 2022report has been added toResearchAndMarkets .comsoffering.
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 Africas 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 INDUSTRY2.1. Industry Value Chain2.2. Geographic Position2.3. Size of the Industry2.4. Key Success Factors and Pain Points
3. LOCAL3.1. State of the Industry3.2. Key Trends3.3. Notable Players3.4. Corporate Actions3.5. Regulations3.6. Enterprise Development and Social Economic Development
4. AFRICA
5. INTERNATIONAL
6. INFLUENCING FACTORS6.1. COVID-196.2. Economic Environment6.3. Illicit Gambling, Fraud, and other Criminal Activities6.4. Rising Operational Costs6.5. Labour6.6. Negative Social Consequences of Gambling6.7. Technology, Research and Development (R&D) and Innovation
7. COMPETITIVE ENVIRONMENT7.1. Competition7.2. Ownership Structure of the Industry7.3. Barriers to Entry
8. SWOT ANALYSIS
9. OUTLOOK
10. INDUSTRY ASSOCIATIONS
11. REFERENCES11.1. Publications11.2. Websites
Companies Mentioned
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