Reading Time: 4 minutes
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
Related
Continue reading here:
- Denmark: 15 per cent of young people illegally gamble online - Casino Beats - January 16th, 2024 [January 16th, 2024]
- GiG furthers global presence with two new launches - iGaming Business - January 16th, 2024 [January 16th, 2024]
- Operator Coalition Makes Ad Pitch for NY Online Casino - Pokerfuse - January 16th, 2024 [January 16th, 2024]
- New Year's Resolutions For PA Online Casino Market - Play Pennsylvania - January 16th, 2024 [January 16th, 2024]
- Biggest Online Gambling Markets in the World - Finbold - Finance in Bold - January 16th, 2024 [January 16th, 2024]
- BetMGM Casino bonus code for MLK Day: Get $25 online promo offer to play with now - SILive.com - January 16th, 2024 [January 16th, 2024]
- Best PayPal Online Casinos in the US for January 2024 - Sports Illustrated - January 16th, 2024 [January 16th, 2024]
- FanDuel Casino bonus: Get up to $1000 back + 50 bonus spins - MLive.com - January 16th, 2024 [January 16th, 2024]
- New Bill Filed To Legalize Online Casinos In New York In 2024 - Play NY - January 16th, 2024 [January 16th, 2024]
- Casino with a minimum deposit of 10 euro - Be Global Fashion Network - January 16th, 2024 [January 16th, 2024]
- 2nd Year Of Legal Sports Betting Brings NY $862M, Says Governor - PlayUSA - January 16th, 2024 [January 16th, 2024]
- Best US Sweepstakes and Social Casinos 2023: Top Online Casino Sites Reviewed - Analytics Insight - January 16th, 2024 [January 16th, 2024]
- Gaming Corps expands distribution with Alea Casino Aggregator partnership - Gambling Insider - January 16th, 2024 [January 16th, 2024]
- Sen. Addabbo Files 2024 Bill To Legalize iCasino In New York - US Bets - January 16th, 2024 [January 16th, 2024]
- Top 9 Uk Casino Online Real Money - Best Casino Sites Ranked by ... - The Coin Republic - August 6th, 2023 [August 6th, 2023]
- PA Online Casino Revenue Smashes Records in 2022-23 - Crossing Broad - August 6th, 2023 [August 6th, 2023]
- The Growing Popularity of Online Casino Gambling: A Historical ... - thewashingtondailynews.com - August 6th, 2023 [August 6th, 2023]
- How to Recognize and Avoid Fake Online Casino Websites - East End Taste Magazine - August 6th, 2023 [August 6th, 2023]
- Online Casino using Gcash: The Ultimate Guide to Convenient ... - NNN NEWS NIGERIA - August 6th, 2023 [August 6th, 2023]
- Borgata Casino promo: Deposit match up to $1000 + $20 on the house - PennLive - August 6th, 2023 [August 6th, 2023]
- Betway Online Casino: The Ultimate Guide to Exciting Gambling ... - NNN NEWS NIGERIA - August 6th, 2023 [August 6th, 2023]
- Exploring the Different Types of Online Casino Bonuses and ... - News-Reporter - August 6th, 2023 [August 6th, 2023]
- Casino Zeus' Choice of the Best Casinos in Canada - Analytics Insight - August 6th, 2023 [August 6th, 2023]
- DraftKings Shares Q2 2023 Earnings With Investors - PlayUSA - August 6th, 2023 [August 6th, 2023]
- The 6 Best Online New Zealand Casino Sites for Real Money - Analytics Insight - August 6th, 2023 [August 6th, 2023]
- Everything You Need to Know About Stake Online Casino - August 4 ... - NNN NEWS NIGERIA - August 6th, 2023 [August 6th, 2023]
- 7reels: A Comprehensive Review of the Leading Online Casino ... - NNN NEWS NIGERIA - August 6th, 2023 [August 6th, 2023]
- 2023's Top Financially Inclusive Cryptocurrencies: Scorpion Casino ... - Analytics Insight - August 6th, 2023 [August 6th, 2023]
- Slot Games Increasingly Popular: Does This Show Market Maturity - taxscan.in - August 6th, 2023 [August 6th, 2023]
- Jeetwin Casino: The Ultimate Online Gambling Experience - August ... - NNN NEWS NIGERIA - August 6th, 2023 [August 6th, 2023]
- Best Real Money Online Casinos & Gambling Sites [2023 Update ... - The Daily Collegian - August 6th, 2023 [August 6th, 2023]
- Caesars Online Casino Review: One of Michigan's Best - MLive.com - August 6th, 2023 [August 6th, 2023]
- BetMGM Online Casino Review 2023: Up to $1,025 On Sign-Up - MLive.com - August 6th, 2023 [August 6th, 2023]
- Best Free Spins Online Casino Bonuses in Michigan for 2023 - MLive.com - August 6th, 2023 [August 6th, 2023]
- The Evolution of Online Casino Platforms: From Downloadable ... - UKTN (UK Technology News - June 4th, 2023 [June 4th, 2023]
- Appreciating the Significance of Game Features at an Online Casino - Altoona Mirror - June 4th, 2023 [June 4th, 2023]
- Unlock the Benefits of Playing at a Legalized Online Casino - The Daily Times - June 4th, 2023 [June 4th, 2023]
- Key rules behind 5 online casino games | Features | homenewshere ... - Woburn Daily Times - June 4th, 2023 [June 4th, 2023]
- mBit Casino Review: is mBit Trustful? Full Review 2023 - Culture.org - June 4th, 2023 [June 4th, 2023]
- Twitch Boss Dan Clancy Wants Better Online Gambling Regulations - Casino.Org News - June 4th, 2023 [June 4th, 2023]
- Key rules behind 5 online casino games | National ... - The Caledonian-Record - June 4th, 2023 [June 4th, 2023]
- Are Online Casinos Rigged? US Casino Experts Reveal the Truth - Pokerfuse - June 4th, 2023 [June 4th, 2023]
- How to Deposit and Withdraw at Online Casinos in the US - Pokerfuse - June 4th, 2023 [June 4th, 2023]
- Suspension Of Online Casino Services In Kenya: What Are The ... - Business Post Nigeria - June 4th, 2023 [June 4th, 2023]
- 10 Gambling Sites Not on GamStop UK: Guide to Non-Gamstop ... - We Heart - June 4th, 2023 [June 4th, 2023]
- A different kind of game: The attraction of online Fish Table Games ... - We Are Brighton - June 4th, 2023 [June 4th, 2023]
- Best Online Casinos Real Money for USA Players in 2023 - April 4th, 2023 [April 4th, 2023]
- Online Casino For Real Money List of TOP 10 Best Casinos 2023 - April 4th, 2023 [April 4th, 2023]
- Employee of Online Casino Company Accused of Cheating to Win $50,000 on Blackjack - NBC Connecticut - April 4th, 2023 [April 4th, 2023]
- The Best Online Casinos and Casino Websites in 2022 - The Denver Post - January 23rd, 2023 [January 23rd, 2023]
- Slotegrator to showcase innovations and raffle free online casino platform at ICE London - iGaming Brazil - January 23rd, 2023 [January 23rd, 2023]
- TOP 10 Online Casinos For Real Money 2023 | Best Online Casino - January 8th, 2023 [January 8th, 2023]
- Best Online Slots Real Money No Deposit: Top 10 Gambling Sites Of 2023 - CBS 6 News Richmond WTVR - December 12th, 2022 [December 12th, 2022]
- Which Online Casino Game Is Easiest To Win? - City Watch - October 25th, 2022 [October 25th, 2022]
- The Best and Worst Online Casino Game Odds - chimpreports.com - October 19th, 2022 [October 19th, 2022]
- How Tech Continues to Change and Enhance the Online Gambling Sector | Gaming - Telemedia Online - October 19th, 2022 [October 19th, 2022]
- Why the Casino Theme in Movies Is Here to Stay - Film Threat - October 19th, 2022 [October 19th, 2022]
- Will the global inflation crisis impact gambling? - Yogonet International - October 19th, 2022 [October 19th, 2022]
- Best 9 Online Casinos for Real Money 2022 | Safe, Fast Payouts - October 17th, 2022 [October 17th, 2022]
- 7 Best Online Casinos for Real Money [2022] - Top Rated Sites - October 17th, 2022 [October 17th, 2022]
- Going Dutch: Insight into the new Regulations for Online Casinos in the Netherlands - European Gaming Industry News - October 17th, 2022 [October 17th, 2022]
- The best table game to play at an online casino - Deadline News - October 17th, 2022 [October 17th, 2022]
- Award-winning software provider adds second Netherlands-based operator to its portfolio, with full suite of slots set to launch at Jacks.nl casino... - October 17th, 2022 [October 17th, 2022]
- Fairplay online: an overview of the site and app for betting and gambling in India Retail Technology Innovation Hub - Retail Technology Innovation... - October 17th, 2022 [October 17th, 2022]
- 1Win Casino Review | Reliable sports betting and online casino - DreamTeamCric - October 17th, 2022 [October 17th, 2022]
- New To Slot Online? Here's How To Win Big Easily! - My MMA News.com - October 17th, 2022 [October 17th, 2022]
- Why Is The Popularity Of Online Casino In Finland Growing - The SportsGrail - October 17th, 2022 [October 17th, 2022]
- Why Is iGaming Becoming More Popular By The Minute? - European Gaming Industry News - October 17th, 2022 [October 17th, 2022]
- PAGCOR, casino licensees distribute relief packs to areas hit by Super Typhoon Karding - European Gaming Industry News - October 17th, 2022 [October 17th, 2022]
- SoftSwiss Expands in LatAm with the Addition of 30 Barbara Bang Titles - GamblingNews.com - October 17th, 2022 [October 17th, 2022]
- The Winning Appeal of Game Shows in the Online Bingo Space - Concept Phones - October 17th, 2022 [October 17th, 2022]
- Why Are There More And More Bollywood Actresses Embraced By Casino Brands ? - Chennai Memes - October 17th, 2022 [October 17th, 2022]
- Slots of Vegas Review: Is Slots of Vegas a Legit Casino? - The Daily Collegian Online - September 20th, 2022 [September 20th, 2022]
- Gambling Market Size in the UK to Grow by USD 2.83 billion, Growth of the Online Gambling Market to Boost Market Growth - Technavio - PR Newswire - September 20th, 2022 [September 20th, 2022]
- 5 Stars Rumored to Play in Online Casinos - The Hype Magazine - September 20th, 2022 [September 20th, 2022]
- How To Choose The Right Online Casino For You - Inventiva - September 20th, 2022 [September 20th, 2022]
- How To Play Casino Games Safely And Avoid Scammers - Baltic Times - September 20th, 2022 [September 20th, 2022]
- Picking the perfect casino-winning playlist - The Music Universe. - September 20th, 2022 [September 20th, 2022]
- With casino idea dead, TMC attention turns to online gambling - Highland Post - September 20th, 2022 [September 20th, 2022]
- How Will 5G Technology Affect Online Casinos in Spain? - The Olive Press - September 20th, 2022 [September 20th, 2022]