Gambling revenues in South Africa show modest increase

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However, it would seem that South Africa is far from ready to head down this route with laws set to become even more strict that they are currently. In an amendment tabled in July 2018 by the Department of Trade and Industry it recommends a number of measures including banning dog racing, reducing potential payouts from land-based casinos and a crackdown on “hidden” entrances to gambling halls in shopping centres and arcades.

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Casino alone makes up 72% of the revenue collected from gambling in South Africa! Without a doubt, it is the indisputable King of Gambling in South Africa. Currently, about 40 casinos are being operated throughout South Africa. South Africans enjoy hosting the world’s 5th largest casino which is also Africa’s largest casino, named ‘Rio Casino Resort’.

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The second biggest earner in the gambling business of South Africa is Online/Offline sports betting. This particular type of gambling made a fortune for South Africa, as Sports betting earning rose by 51.9% in 2015 to R2.4 billion alone! 5X times the total of R478 million they earned in the year. Horse racing was made more and more complicated by the government for the local folks; thus, Sports betting also overtook horse racing in 2015.

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During 2010, Online gambling was made illegal throughout the country of South Africa. Even those online games which had servers outside South Africa were banned in the country. Only licensed horse racing and online sports betting were legal and earned tremendous revenue for the state.

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Some harsh changes were made in South African gambling regulatory rules. To better control the gambling industry, they had to pass the ‘National Gambling Amendment Bill’. The new online gambling games like slot machines, bingo, etc.

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Start by playing the correct lottery games. There are numerous games where you can win a lottery on the web. Do your examination and read the games chances before you choose to go through any cash. The most popular lotteries are the Uber millions and Powerball. Different lotteries you ought to consider incorporate EuroMillions, EuroJackpot, the UK Lotto and the Irish Lotto.
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