Slots are very popular in land-based casinos, but online gambling is on the rise
Gambling is a popular pastime around the world and has been practiced for thousands of years. Whether betting on sports or playing casino games, the opportunity to win real money attracts a lot of people. In South Africa, gambling has become a huge industry, with land-based and online casinos and betting sites proving extremely popular. .
Current statistics on how many South Africans gamble show that around 10% of the country’s population participate in some form of regular gambling. According to a study, the vast majority of these players play the National Lottery. However, a growing number of South Africans are also getting involved in sports betting and casino gaming. Online casinos in South Africa have seen a significant increase in the number of people playing the game.
Growth of the game in South Africa
For the fiscal year between 2021 and 2022, the South African gaming industry recorded total gaming revenue worth R34 billion, an increase of 48% over the previous year. The Covid pandemic and subsequent closures have affected the casino industry across the country, but in the years since, there has been a clear boom in the amount spent in casinos.
South Africa is now home to 38 land-based casinos, most of which are owned by three large companies. After a dip in 2020 and 2021, these casinos have seen an increase in player numbers. Casino gaming has been legal in South Africa since 1994, and these casinos help attract tourists from all over the country and the world.
Land-based games remain the most popular form of betting outside of the lottery, and slot machines are the source of the majority of casino revenue. Around 76% of South African casino revenue comes from slots, which are usually the most popular options for players. Slots are popular thanks to the low cost of playing and the potential to win big on every spin.
The rise of online gambling
While most players prefer land-based casinos, online gambling is fast becoming a favorite for many. Compared to traditional games, online casinos offer more variety, more convenience, and more fun, with many licensed and secure sites to choose from. It’s easy to see why more gamers are signing up to use these sites, especially since they are accessible from mobile devices.
Being able to register and play on mobile devices is one of the main reasons why online gaming is becoming more popular than ever in South Africa. Between 20 and 22 million people, about a third of the population owns a smartphone. Mobile apps are easier and more accessible to use, and since much of the country’s population can gamble, there is no doubt that more people will continue to use online casinos.
The future of online gambling in South Africa
The South African gaming industry has seen a strong rebound in the problems caused by the global pandemic, and casino revenue is higher than ever. However, land-based casino operators are starting to experience competition from online gaming platforms. While both have their advantages and disadvantages, it is clear that online casinos are easier to use.
We may see land-based casinos do more to attract players, including by offering complimentary offers and better experiences. However, these places will always continue to do well for tourists and people who enjoy a night out.
Meanwhile, online casinos in South Africa fill a different kind of niche, providing exciting games that can be enjoyed from anywhere. Technological advances will help these sites provide an even better experience while still being very convenient and easy to use.