South Africa’s Gambling Market Grows 390% as Calls for Tighter Regulation Increase

A new report by the Solidarity Research Institute highlights a 390% increase in South Africa's betting market over four years, driven largely by the expansion of online platforms and mobile gambling, raising concerns about consumer protection and financial risks.

South Africa's gambling industry has experienced rapid growth, with betting revenue increasing by approximately 390% between the 2020/21 and 2024/25 financial years, according to a report released by the Solidarity Research Institute (SRI) in October 2026.

The study, authored by economic researcher Theuns du Buisson, identifies widespread smartphone access and extensive gambling advertising as major factors behind the sector's expansion.

According to National Gambling Board statistics, total gambling turnover reached approximately R1.5 trillion ($90 billion) in the 2024/25 financial year, with betting accounting for nearly three-quarters of the amount.

However, this figure represents the total value of wagers, including winnings subsequently reinvested by players, rather than actual gambling losses. Gross gambling revenue (GGR), calculated after winnings are paid out, reached approximately R74.5 billion.

Online betting has become the industry's dominant growth driver, generating around R44.5 billion in GGR and accounting for 85.5% of total betting revenue.

The SRI report warns that the rapid expansion of gambling may increase financial pressure on households, particularly when players use money intended for essential expenses.

The findings have renewed calls for stricter advertising controls, stronger consumer protection and more effective action against illegal gambling platforms.

Meanwhile, South Africa's National Treasury is considering an additional 20% national tax on online betting revenue, although the proposal has not yet been implemented.

The industry's rapid expansion highlights both its growing economic significance and the challenges facing regulators. Future policy decisions will be crucial in determining how South Africa balances gambling-related tax revenues, market development and consumer protection.