Gambling revenue in South Africa jumped by 37 per cent to R47.17 billion (€2.36 billion) in the financial year to 31 March 2023, marking a new annual record.
Betting in South Africa accounted for more than 50 per cent of gambling revenue for the first time, and was up by 54 per cent to an all-time high of R23.75 billion. Within that betting total, fixed-odds sports betting contributed R20.69 billion, which was a rise of 61 [...]