South Africa’s gambling industry has hit a record R75 billion in gross revenue for 2024/25 - growing more than 25% a year - with much of that growth driven by online betting, according to the National Gambling Board. This week IOL will unpack South Africa's latest silent pandemic, the rise of gambling. We will feature a series of in-depth articles looking at the impact of gambling on society. #gambling #industry #online #betting #silent #pandemic | IOL News

[EXPLAINER] Africa’s gambling industry is seeing rapid growth, driven by better internet access, mobile apps and a rising demand for online betting and casino platforms. Super Group, the parent company of Betway and Spin, now earns 39% of its revenue from Africa, with standout performances in South Africa, Ghana, Malawi and a strong launch in Botswana. With revenues up 34% in Q1 alone and expansion plans underway, the continent is proving to be a major driver of global gambling profits. CNBC Afr