Gaming For Africa PwC Release Gambling
Casino International’s Africa partner is the excellent Gaming For Africa magazine, bringing you the continent’s latest developments
Outlook report Gambling revenues in South Africa show modest increase amid economic uncertainty and illegal gambling
O
verall gambling revenues in South Africa for the 2016 financial year showed a modest increase in the wake of a highly challenging operating and economic environment. Overall gambling revenues
improved marginally by 3.9%, down from the 11.2% increase in 2015 and the smallest gain experienced in the gambling industry during the past four years. This was mainly due to a shortfall in the casino market amid the current economic uncertainty. In addition, illegal gambling continues to be a problem in South Africa. These are some of the highlights from PwC’s sixth
annual edition of the gaming industry entitled Gambling Outlook for South Africa: 2017-2021. The publication focuses on segments within the gambling industry with detailed forecasts and
24 DECEMBER 2017
analysis. Each segment details the key trends observed as well as key challenges and future prospects. The National Gambling Board of South Africa (National Gambling Board) and the Casino Association of South Africa (CASA) is the source for historical data. Overall, gross gambling revenues (“GGR”) in South Africa are forecast to expand from R27 billion in 2016 to R35 billion in 2021, a 5.1% compound annual increase. Gambling taxes and levies will grow at a 5.2% compound annual rate to R3.5 billion in 2021. Bingo was the fastest-growing category, with a
36.6% increase. Bingo is expected to continue to be the fastest-growing category during the next five years with a projected 11.9% compound annual
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