On the Africa continent, the gambling mecca is South Africa, which is also the fastest evolving eGaming landscape. Taking all facts into consideration online gambling is way under-exploited due to stringent measures imposed on gambling. Despite all of this, South African internet gamblers still enjoy an array of gambling liberties not available anywhere else in Africa.
South Africa Most Vibrant eGaming Sector in Africa
Researchers agree that one of the most under-exploited sectors in Africa is eGaming, this is mostly due to the protracted laws banning operators from commencing in most areas of the continent. A good example is the gambling Act of 2004 of South Africa prohibiting interactive gambling, which effectively outlaws online casinos.
However, there are several loopholes in the legal enactments that fueled the volatile gambling situation in the country. According to projections, the gambling revenue in South Africa will hit $2.5 billion at the end of 2021. At the same time, it is important to take into consideration that gambling massively contributes to the GDP in the country.
EGaming in South Africa Still Undergoing Review
The parliamentary process including public hearings taking place between 2009 to 2010 highly recommended changes to speed up the 2008 Gambling Act implementation. The gambling review commission of South Africa observed multiple differences in the legal frameworks governing gambling activities and the National Lottery.
At this time, the parliamentary commission observed difficulties in curbing online gambling in the country. Mostly due to the rapid evolution of gaming and gambling technologies. It is paramount to legalise online gambling in South Africa, especially due to the sector demonstrating vibrant growth and its generous contribution towards the GDP.
South Africa’s Most Popular Gambling Activity – Online Lotto
The very first lotto draw in the country was in March 2000, if follows just nine days after Thabo Mbeki, the then-president commission gambling activity. Right now, the government regards the lottery in high esteem.
The largest won to date is R232 million won by a Capetonian in February 2019. Only a few months ago in May two played won R112 million and the tickets were purchased at the OK Mini Mark in Cape Town.
South Africa’s eGaming Sector and Online Casinos
As more and more South Africans shift to gambling apps and web-based platforms, online casinos dominate the eGaming sector. Cape Town recently reported a massive upsurge in online mobile gamblers. Due to the coronavirus outbreak, land-based casinos are far less popular plus high-speed internet such as 5G is steering a new mobile gambling era in the country.
South Africa’s gambling scene remains a level playing ground for existing and new operators. Undoubtedly, offshore gambling sites are now more than ever the go-to platforms for South African punters. The legal loophole is that there is no punishment stated for violators which further adds to the interesting eGaming situation in the country.
With hundreds, if not thousands, of eGaming operators happily offering gambling services to South Africans. The good news is that players simply never run out of options. All hope is on the implementation of the 2008 Gambling Act that could open online gambling. It will allow more revenue to stream into the country and most importantly it will create much-needed job opportunities. Especially since the 2021, unemployment rate in South Africa is 32.6%!