Top-5 Interesting Facts about South African Online Gambling
South Africa is the gambling Mecca of continental Africa. However, the country's eGaming landscape is under-exploited. There are stringent legal measures often imposed on e gaming operators. Online gamblers in South Africa enjoy liberties that you won't find anywhere else in Africa and the online casino South African 2021 is a great starting point for newcomers.
The National Gambling Board of South Africa is responsible for regulating the country's eGaming sector. It is empowered by the National. Gambling Act of 2004 section 7.
South Africa's eGaming sector is the most vibrant in Africa. It is projected that South Africa’s gambling revenue will hit $2.5 billion by the end of 2021.
South Africa's eGaming is still under legal review. The president should implement the interactive gambling act of 2008. The sector has demonstrated vibrant growth and contributed generously to the country's GDP. It is difficult to curb interactive gaming in South Africa due to fast-evolving gaming technologies.
Online Lotto is the most popular gambling activity in South Africa. The first lotto draw in the country took place in March 2000. Cape Town player won R232 million in February 2019. In May this year, two lotties won a total of R112 million. One of the winning tickets was purchased from Cape town’s OK Mini Mark Thornton.
Online casinos are taking over the eGaming sector in South Africa. Cape Town has seen a surge in online mobile gamblers. Land-based casinos have become less popular since the outbreak of coronavirus. 5G is ushering a new era of mobile gambling in this part of the world.
Offshore casinos are popular in South Africa. The Gambling law of 2004 does not prohibit them from operating in the country. However, punishment for violators is not stated.
South Africa is a leading eGaming destination in Africa. The implementation of the Gambling Act of 2008 will further open up gambling in South Africa, creating millions of jobs and more revenue streams for the government.