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

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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

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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.

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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

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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

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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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Africa

888bets Goes Live in Malawi

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888bets has launched in Malawi, expanding the online operator’s presence across Africa.

The brand, which is a joint venture between 888 owner evoke and 888Africa, unveiled a television advert to support its entry into its latest market.

888Africa co-founder and CEO Christopher Coyne said: “Delighted to announce that 888Africa has now launched into our seventh African market with Malawi. We are live from today [Friday, November 29].

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“I’m so proud of the work of the outstanding 888Africa teams, too many to mention in the run to get us live, but I will note Alex Rutherford [888Africa chief growth officer] for his work on licensing, and I’ll mention also Andrew Lee [chief revenue officer], Steven McIntosh [VP product] and Zeljka Perkovic for their massive contributions on the project side.”

The post 888bets Goes Live in Malawi appeared first on European Gaming Industry News.

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Celebrate the Holiday Magic with Springbok Casino’s Exclusive Christmas Stories and Claim 25 Free Spins on Top Slot: Cash Bandits 3

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This holiday season, Springbok Casino invites online casino players to immerse themselves in festive fun with their exclusive Christmas stories inspired by the top 6 slots of 2024.  Get ready to unwrap 25 free spins on Cash Bandits 3, the top slot of the year, until December 31st.

From heartwarming tales to enchanting jungle escapades, each tale captures the spirit of the season in a delightful new way.

Holiday Tales of Joy & Magic: Unwrap the Best of Springbok Casino’s Christmas Stories

Join the mischievous Cash Bandits on a surprising Christmas heist, relive the sweet nostalgia of Sweet 16 Blast!, and let the Fortunate Buddha shower you with good fortune. Plus, travel with the Great Golden Lion through magical lands and enjoy a holiday tale with the Big Cats of Mzansi.

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“Each story is crafted to inspire, uplift, and remind us of the values that make this season so special,” says Daniel Van Wyke, Springbok Casino Manager. “Grab a warm drink, cozy up, and tuck in to these festive fables—each with a delightful moral to end the year on a high note, and don’t forget to claim your free spins!”

DECEMBER FREE SPINS

Valid December 1-31, 2024

25 Free Spins on Cash Bandits 3
Coupon Code: SLOTSTORIES

Cash Bandit 3 holds the coveted title for the year and is the most played by slot enthusiasts. By landing 3 to 5 scatter symbols, players activate the renowned Vault Feature. Input your safe-cracking choices on the keypad and see which vaults unlock.  This feature offers up to 390 free spins and a 23x multiplier, with the chance to win up to 50,000 times your line bet.

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Springbok Casino provides customer service in English and Afrikaans, offering hundreds of slots and table games from Spin Logic, all played in rands. Games are playable on mobile devices or on your desktop as download or instant play.

The post Celebrate the Holiday Magic with Springbok Casino’s Exclusive Christmas Stories and Claim 25 Free Spins on Top Slot: Cash Bandits 3 appeared first on European Gaming Industry News.

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EGT and Gaming IQ to provide high-quality gaming experience to players in Congo

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EGT is proud to announce one more large-scale installation in Africa. Now, the Caesars Casino in Kinshasa, Congo, owned by the leading operator Gaming IQ, is entirely supplied with gaming equipment from the Bulgarian manufacturer.

The guests of the establishment have the opportunity to enjoy top-performing developments from EGT’s portfolio, including the well-known Premier Series slot cabinets P 24-24 Up, P 27-27 St Slim, P 42 V St Curved, as well as the G 27-27 St model of the General Series, for which this is the first installation in the country. The company’s rich gaming variety is represented by the multigame mixes of the Collection Series. In addition the players can hit even bigger winnings by trying their luck with the jackpots Premium Link, Lady’s Cards, as well as the absolute bestseller Bell Link. EGT’s casino management system Spider is also implemented to ensure that the organization of the daily activities on the casino floor will run smoothly.

“I am very happy that we have carried out this installation, which is the largest we have done so far in Congo,” said Lilia Georgieva, Director of EGT’s office in Tanzania. “I would like to thank Gaming IQ for once again placing their trust in us and accomplishing together another ambitious initiative that allows the gaming audience in Kinshasa to have access to state-of-the-art casino products with a proven reputation on a global level. I believe that we will quickly establish ourselves as leaders in the local market, given the excellent performance of our machines and games to date and especially the impressive results of Bell Link. By the end of the year, we plan to make installations in two more establishments of Gaming IQ in Uganda and Angola, and we will continue with more in 2025.”

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Delcho Petrov from Gaming IQ also shared his positive evaluation regarding the collaboration with the Bulgarian company: “We are very happy that EGT has provided us with their top-notch gaming solutions for another of our establishments. I am confident that Caesars Casino will now unfold its enormous potential and become a preferred location for both the gaming audience in Congo and for players coming from other countries. Inspired by the magnificent outcome of our partnership to date, together we will continue to contribute to the modernization of the African gaming landscape and the transformation of local gambling facilities into world-class casino floors.”

The post EGT and Gaming IQ to provide high-quality gaming experience to players in Congo appeared first on European Gaming Industry News.

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