Sports betting addiction on the rise among South Africans
A recent report reveals that sports betting is beginning to surpass the National Lottery in popularity within the R64-billion gambling industry.
A new survey on sports betting in South Africa reveals that the industry is booming online, especially among gamblers aged 18 to 34. This surge in online sports betting is starting to rival the popularity of the National Lottery.
Gambling revenue in South Africa, including casinos and online sports betting, is expected to reach R64 billion in 2025. However, experts warn that many gamblers are risking their financial stability by betting with essential or borrowed money.
SPORTS BETTING IN SOUTH AFRICA
Accordingly, InfoQuest, tracked the habits and attitudes of 300 local gamblers for a period of one year, reports Daily Investor. The study found that sports betting topped all gambling activities in frequency, with the average gambler placing bets 11 times per month.
Meanwhile, the National Lottery, saw an average occurrence 10 times per month. Sports betting is more popular among older gamblers aged 35 to 65. Although the industry is generating substantial revenue and creating jobs, concerns about addiction and illegal operators continue to grow.
CASINO VISITS DIPPING
InfoQuest found that in-person gambling at casino tables dropped from seven to five times per month. However, 48% of South African gamblers reported that they now engage in sports betting and other gambling activities more frequently than they did a year ago. This rising participation, driven by the convenience of online platforms, reflects a shift in social attitudes toward gambling.
Moreover, only 37% of surveyed gamblers claim they use surplus funds – money they don’t need for anything else – to gamble. Therefore, 63% are using essential money meant for food or savings on sports betting and other activities. In turn, “this underscores the need for closer monitoring of gambling behaviour and its broader societal impacts in South Africa,” finds the report.
GAMBLING STATISTICS
- 50% of gamblers say they incorporate gambling into their monthly budgets
- 16% of gamblers say they have borrowed money to fund their gambling.
- 15% of gamblers say they have been unable to control their desire to engage.
- 20% of gamblers say they have sought help or are currently seeking help for their gambling addiction.
If you think you’re struggling with sports betting or other forms of gambling, you can contact Gamblers’ Anonymous HERE.