Gambling is a worldwide industry that is worth billions and billions of dollars. Whether it’s casino games, sports betting, lotteries or bingo, gambling is a popular pastime in almost every country on Earth. The total gross gambling revenue in South Africa is estimated to be around R35 billion annually, and experts are predicting that it will grow by 6% per year. Because of the massive growth and the introduction of a new gambling bill, more and more gambling companies are now looking to get established in the country.
Most common forms of gambling in South Africa
It is estimated that 1 in 10 South Africans gamble on a frequent basis and that they spend around 13 billion USD a year at betting venues. The gambling industry is heavily regulated in the country, but a newly introduced National Gambling Amendment Bill is set to introduce a long list of changes. Online gambling is on the rise in South Africa, and the new bill could allow the government to issue gambling licenses and ensure that the gambling operators follow the laws.
As in most countries, casino games such as table games and slot machines are the most popular forms of gambling in South Africa, making up 72% of the total gambling revenue. Online and offline sports betting is the second most popular gambling type in the country. Land based casinos were banned in 1965, but this ban was lifted in 1994. Today, South Africa is home to a number of casino venues - attracting tourists from all over the world.
Land based casinos in South Africa
Tourism is a major industry in South Africa, and it is forecasted that the country will be visited by 19,6 million tourists in 2023 alone. The country offers beautiful beaches, warm weather and some of the wildest national parks in the world. There are also more than 40 casinos operating in South Africa, ranging from smaller local venues to iconic, five-star resorts.
Among the most iconic casinos in South Africa is Sun City, which is situated two hours outside Johannesburg. This five-star luxury resort has become one of the most popular gambling destinations in Africa. The resort has two casinos: the Sun City Casino & Hotel and the Jungle Casino. Both casinos are open 24/7 and offer hundreds of slot machines and table games. Sun City is also famous for the number of performers that have visited it. In the early 80s, hundreds of artists and bands performed at the resort, including Queen, Dolly Parton, and Elton John.
Montecasino is another famous casino in South Africa. Located in Sandton, this Italy-inspired resort opened its doors in the year 2000. Montecasino is an award-winning casino that offers thousands of square meters of games and activities. Guests can visit the theatre or cinema, enjoy a relaxing day in the spa, or visit the open-air Piazza where there are six different restaurants.