South African Gambling Industry Report 2019 – Gambling Regulatory Framework is Set to Shift Markedly when the National Gambling Amendment Bill is Approved

The “The South African Gambling Industry in South Africa 2019” report has been added to ResearchAndMarkets.com’s offering.

This report on the South African Gambling Industry includes comprehensive information on the sector and its subsectors including the lottery, casinos, limited payout machines, bingo and betting including betting on horse racing.

There are profiles of 20 companies and national and provincial gambling boards in the sector. Profiled companies include major players such as Tsogo Sun, which completed the unbundling of its hotel division and Sun International, which announced plans to increase its holding in hotel and casino resort Sibaya and is in negotiations to make an acquisition in Chile. Others include Ithuba, which manages the lottery and Phumelela Gaming and Leisure, a major player in horse racing.

The South African Gambling Industry

The fortunes of South Africa’s gambling industry were mixed during the past year. Although the casino segment continues to generate the lion’s share of total gross gambling revenue, its market share has declined markedly as bingo, betting, limited payout machines become popular.

Online gambling is increasingly taking share from on-the-ground casinos and other betting outlets. Although casinos generate higher revenues than other forms of gambling, the National Lottery attracts the highest number of players.

Regulatory Changes

The industry is heavily regulated and licensing is strictly controlled. The gambling regulatory framework is set to shift markedly when the National Gambling Amendment Bill is approved.

In its current form, the bill provides for new offences and the forfeiture of illegal winnings, revised definitions covering bingo, limited payout machines, online gambling and advertising, the restructuring of the National Gambling Board into a National Gambling Regulator and the introduction of a self-regulating body for the horse racing industry.

This and other regulatory changes such as the Liquor Amendment Bill, the proposed gambling levy and proposals in Gauteng to change casino tax may change the fortunes of some casino and betting operators.

Key Topics Covered

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position

3. SIZE OF THE INDUSTRY

4. STATE OF THE INDUSTRY
4.1. Local
4.1.1. Corporate Actions
4.1.2. Regulations
4.1.3. Enterprise Development and Social Economic Development
4.2. Continental
4.3. International

5. INFLUENCING FACTORS
5.1. Economic Environment
5.2. Illicit Gambling, Fraud and other Criminal Activities
5.3. Regulatory Uncertainty
5.4. Rising Operational Costs
5.5. Technology, Research and Development (R&D) and Innovation
5.6. Negative Social Consequences of Gambling
5.7. Labour
5.8. Environmental Concerns

6. COMPETITION
6.1. Barriers to Entry

7. SWOT ANALYSIS

8. OUTLOOK

9. INDUSTRY ASSOCIATIONS

10. REFERENCES
10.1. Publications
10.2. Websites

Company Profiles

• Eastern Cape Gambling and Betting Board
• Egoli Gaming (Pty) Ltd
• Emerald Safari Resort (Pty) Ltd
• Free State Gambling, Liquor and Tourism Authority
• Gauteng Gambling Board
• Gold Circle (Pty) Ltd
• Ithuba Holdings (Rf) (Pty) Ltd
• Kwazulu-Natal Gaming and Betting Board
• Limpopo Gambling Board
• National Gambling Board
• Netbet (Pty) Ltd
• North West Gambling Board
• Northern Cape Casino Consultants Kairo (Pty) Ltd
• Northern Cape Gambling Board
• O L I M P (Pty) Ltd
• Peermont Global (Pty) Ltd
• Phumelela Gaming and Leisure Ltd
• Sun International Ltd
• Tsogo Sun Gaming Ltd
• Western Cape Gambling and Racing Board

For more information about this report visit https://www.researchandmarkets.com/r/d3697p

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