South Africa’s gambling revenue increased by over 25% in the 2023-2024 fiscal year, totalling $3.37 billion

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Gross gambling income reached a record R59.3 billion, while player expenditure likewise set a record high; online gaming and sports betting have increased dramatically

The South African gambling industry has seen a revenue increase exceeding $3.37 billion for the 2023-2024 fiscal year. This growth is attributed to a combination of factors, including regulatory changes, the expansion of online gaming, and rising participation in traditional gambling. Analysing these components provides…



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