See the Complete Picture.
Published loading...Updated

R1 trillion gambled every year in SA

Summary by CapeTown ETC
South Africans are throwing staggering amounts of money into the betting ring, with over R1 trillion wagered annually, and sports betting is leading the charge with a whopping R700 billion slice of the pie. What was once seen as harmless fun has evolved into a daily hustle for millions, especially for young men with smartphones and hope in their pockets. But financial experts warn that this obsession with hitting the jackpot could be leading peo…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

CapeTown ETC broke the news in on Wednesday, June 4, 2025.
Sources are mostly out of (0)