GAMBLING STATS - INCREASE

South Africans bet R257bn on gambling
November 14 2012 at 11:43am


Johannesburg - South Africans betted R257.6 billion on gambling in 2011, according to a report by PricewaterhouseCoopers (PwC).

This equated to more than R8000 per adult, said Nikki Forster, PwC Gaming Industry leader for South Africa.

Overall turnover for all types of gambling rose by 10.6 percent in 2011 from 8 percent in 2010.

PwC said turnover was projected to increase at a 6.3 percent compound annual rate during the next five years to R349.6 billion in 2016.

Casino gaming revenue climbed steadily in 2011 and recorded its largest gain since 2007. It recorded a 7.3 percent increase in 2011, up from 6.3 percent in 2010.

Forster said casino gaming accounted for 81 percent of the gross gaming revenue in South Africa.

Sports betting made up 12 percent of the gross gaming revenue, with horse racing determined as the dominant component of the market. - Sapa

www.iol.co.za/business/business-news/sou...n-gambling-1.1423208

These figures are hard to believe... r8000 per adult?

Horseracing the dominant component of sportsbetting? ... Find this hard to believe?

its skewered remember - many will be very low, i.e. R20 for some and thousands for few others. What would be interesting to know from the survey is where the increase took place - all round or only casino, or only soccer. How did racing fare - increase or decrease in value and/or frequency and numbers

Yes it`s that average figure that i find hard to believe...

R8000 per annum I would say is on par. Equates to about R22 a day. Is the R8000 figure too high or too low ?

how much is spent on Lotto

As far as I can see, Casino 81%, Sports 12% so lotto the outstanding 7%...??

gregbucks Wrote:

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> As far as I can see, Casino 81%, Sports 12% so
> lotto the outstanding 7%...??


maybe lotto separate?

mr hawaii Wrote:

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> gregbucks Wrote:
>

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>

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> > As far as I can see, Casino 81%, Sports 12% so
> > lotto the outstanding 7%...??
>
>
> maybe lotto separate?

not with you, what you mean seperate?? ....there is only 7% not mentioned so surely that is lotto?

is lotto regarded as part of this gambling pie or not?

Okay i see... i don't know to be honest...:S