Report Coverage
This report focuses on the gambling industry and includes information on the state of the industry including casinos and online gambling, limited payout machines, horse racing and sports betting and the lottery. It includes information on influencing factors such as regulation, major players and developments. There are profiles of 23 companies such as major players in casinos Tsogo Sun Holdings, Sun International and Peermont Global, horse racing operators 4Racing and Gold Circle, lottery operator Ithuba and sports and online betting companies such as Netbet (Sportingbet) and various gambling boards and regulators.
Introduction
• The gambling industry is recovering from the loss of business during the pandemic when casinos and bars were shut.
• Industry sources say casino and bingo revenue are below pre-pandemic levels, with the rebound being driven by betting and limited payout machines.
• The effects of lockdown resulted in a shift in market share, largely to online betting.
• This trend is expected to continue as the revenue market share of casinos has been in decline for years.
• New products and the borderless online environment bring direct competition to traditional gambling establishments and deprive the country of licensing and tax revenue.
Strengths
• A well-developed national footprint.
• Contributions to socio-economic development projects.
• Industry operators invest in new technologies and games.
• Standards of regulation are in line with global best practice.
• The industry includes a diverse range of gambling types.
Weaknesses
• Cost of regulatory compliance is high.
• Decline in casino revenue.
• High barriers to entry for land-based operations.
Opportunities
• Growth into other African countries.
• Increase in online gambling.
• Increasing adoption of smartphones offers growth opportunities.
• Lower startup costs for online betting and bingo.
Threats
• Continued weakening of the economy.
• Difficulty in enforcement as new technologies make it easier to evade regulatory authorities.
• Illegal gambling.
Outlook
• The poor economy and erosion of buying power could result in less disposable income allocated to leisure and entertainment spend.
• Land-based casinos are expected to continue to decline relative to online gambling in line with global trends.
• The gambling industry is expected to grow steadily over the next few years, driven by online betting and sports betting in particular.
• An industry source said operators need to diversify their products to grow further.
• Sun international in looking at online channels for growth.
Full Report
R 9 500.00(ZAR) estimated $501.48 (USD)*
Industry Landscape
R 6 650.00(ZAR) estimated $ 351.04 (USD)*
Historical Reports
The Gambling Industry in South Africa 2020-04-16
R 1 900.00(ZAR) estimated $100.30 (USD)*
View Report Add to CartThe Gambling Industry in South Africa 2019-12-05
R 1 900.00(ZAR) estimated $100.30 (USD)*
View Report Add to CartThe Gambling Industry in South Africa 2018-01-16
R 1 900.00(ZAR) estimated $100.30 (USD)*
View Report Add to CartThe Gambling Industry in South Africa 2016-09-21
R 1 900.00(ZAR) estimated $100.30 (USD)*
View Report Add to CartThe Gambling Industry in South Africa 2015-07-27
R 1 900.00(ZAR) estimated $100.30 (USD)*
View Report Add to CartTable of Contents
[ Close ]PAGE | ||
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1. | INTRODUCTION | 1 |
2. | DESCRIPTION OF THE INDUSTRY | 1 |
2.1. | Industry Value Chain | 4 |
2.2. | Geographic Position | 5 |
2.3. | Size of the Industry | 7 |
2.4. | Key Success Factors and Pain Points | 10 |
3. | LOCAL | 10 |
3.1. | State of the Industry | 10 |
3.2. | Key Trends | 17 |
3.3. | Notable Players | 17 |
3.4. | Corporate Actions | 21 |
3.5. | Regulations | 23 |
3.6. | Enterprise Development and Social Economic Development | 24 |
4. | AFRICA | 26 |
5. | INTERNATIONAL | 28 |
6. | INFLUENCING FACTORS | 29 |
6.1. | COVID-19 | 29 |
6.2. | Economic Environment | 30 |
6.3. | Illicit Gambling, Fraud, and other Criminal Activities | 30 |
6.4. | Rising Operational Costs | 31 |
6.5. | Labour | 31 |
6.6. | Negative Social Consequences of Gambling | 32 |
6.7. | Technology, Research and Development (R&D) and Innovation | 33 |
7. | COMPETITIVE ENVIRONMENT | 34 |
7.1. | Competition | 34 |
7.2. | Ownership Structure of the Industry | 35 |
7.3. | Barriers to Entry | 35 |
8. | SWOT ANALYSIS | 36 |
9. | OUTLOOK | 37 |
10. | INDUSTRY ASSOCIATIONS | 37 |
11. | REFERENCES | 37 |
11.1. | Publications | 37 |
11.2. | Websites | 38 |
APPENDIX 1 | 39 | |
Summary of Notable Players | 39 | |
COMPANY PROFILES | 45 | |
4Racing (Pty) Ltd | 45 | |
Betting World (Pty) Ltd | 47 | |
Eastern Cape Gambling and Betting Board | 50 | |
Egoli Gaming (Pty) Ltd | 53 | |
Emerald Safari Resort (Pty) Ltd | 55 | |
Free State Gambling, Liquor and Tourism Authority | 57 | |
Gauteng Gambling Board | 59 | |
Gold Circle (Pty) Ltd | 61 | |
Hollywood Sportsbook Holdings (Pty) Ltd | 64 | |
Ithuba Holdings (RF) (Pty) Ltd | 66 | |
KwaZulu-Natal Gaming and Betting Board | 68 | |
Lakama Resorts and Casino (Pty) Ltd | 71 | |
Limpopo Gambling Board | 72 | |
National Gambling Board | 74 | |
Netbet (Pty) Ltd | 76 | |
North West Gambling Board | 78 | |
Northern Cape Casino Consultants Kairo (Pty) Ltd | 80 | |
Northern Cape Gambling Board | 82 | |
O L I M P (Pty) Ltd | 84 | |
Peermont Global (Pty) Ltd | 86 | |
Sun International Ltd | 90 | |
Tsogo Sun Gaming Ltd | 97 | |
Western Cape Gambling and Racing Board | 103 |