SA Gamblers bet R1.14 trillion in FY2023/24, a 40.2% YoY rise. Betting dominated turnover & online gambling made up for 49% of all activity.
Stats published by the National Gambling Board (NGB) South Africa via a PDF show that gamblers in South Africa wagered R1.14 trillion during FY23/24, which is a 40.2% year-over-year increase.
In the 2022/23 financial year, the total amount wagered was R814.0b.
The betting sector, which includes sports and horse racing, accounted for 66.6% of all gambling turnover in FY2023/24, with betting turnover itself increasing by 76.6% from the previous year.
As for Gross Gambling Revenue, naturally, there has been an increase fueled by the rise in wagers. The YoY increase for GGR is 25.7%, reported as R59.3b in FY23/24, compared to R47.1b in FY22/23.
Online gambling now accounts for 49% of all activity in the country, as we saw flat growth in the land-based casino industry, which reported a R297.4 billion turnover – down 0.6% YoY, but GGR is slightly up by 0.1% with a reported R17.4 billion GGR.
Although the data does not represent data from the latest 2024/25 tax year, which ended 31 March 2025, the current stats show some interesting trends.
National Gambling Board South Africa FY2023/24 Report
Here’s a concise summary of key financial statistics and trends extracted from the Gambling Sector Performance in South Africa – FY2023/24 report.
| Metric | Value | YoY Change |
|---|---|---|
| Total Turnover (Money Wagered) | R1.14 trillion | +40.2% from R814.0 billion |
| Gross Gambling Revenue (GGR) | R59.3 billion | +25.7% from R47.1 billion |
| Taxes/Levies Collected | R4.84 billion | +19.2% from R4.06 billion |
| Betting Share of Turnover | R761.3 billion (66.6%) | +76.6% YoY |
| Betting Share of GGR | R35.9 billion (60.5%) | +51.2% YoY |
| Casino Turnover | R297.4 billion (26%) | -0.6% YoY |
| Casino GGR | R17.4 billion (29.3%) | +0.1% YoY |
| Online Gambling Share | ~49% of all gambling activity | — |
| Highest-Growth Provinces (GGR) | WC (+53.6%), MP (+49.3%), LP (+42.1%) | — |
| Top GGR Contributors by Province | WC (31.7%), GP (22.1%), MP (21.9%) | — |
Looking to understand the full depth of South Africa’s gambling landscape?
You can download the official National Gambling Board’s FY2023/24 report I used as my source for this new report. You will find a more in-depth analysis of the current state of South Africa’s online gambling market. It is an in-depth official document that is crucial for policymakers, analysts and operators who want trusted data direct from the source and has been backed by audit-verified stats from each province.
- A province-by-province breakdown of turnover and taxes
- The transformation agenda (B-BBEE levels) across operators
- Employment figures in the gambling industry
- Licensing limits and operational site counts per gambling mode
- Decade-long trends in GGR, including inflation-adjusted growth
View the full National Gambling Board FY2023/24 report PDF here.
Casinoplusbonus Opinion
It’s great to see market growth, although there are still concerns regarding problem gambling. There are not many sites in the country that I have played on that give me the option to set deposit limits. While this is also an issue I see on many overseas casino and sports betting sites, at least there are some platforms, like those by SOFTSWISS or those operating under the Malta Gaming Authority (MGA), that do offer responsible gambling tools.
My other concern is that South Africa still has not resolved its Financial Action Task Force (FATF) grey list situation, which, for someone like me who is an experienced online casino and sports betting player and journalist, isn’t exactly inspiring. The country was added to the grey list in February 2023 due to strategic deficiencies in its anti-money laundering and counter-terrorist financing (AML/CFT) controls. Although judging by the year-over-year increases in wagers, the FATF situation hasn’t exactly dented consumer confidence.
While it’s encouraging to see significant growth in the country’s gambling statistics, the regulatory framework and the absence of responsible gambling tools on many of the domestic sites I can access are concerning. I don’t believe the country’s current setup is adequately prepared for this rapid expansion.
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