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South Africa Gambling Industry Report 2022: Current State of the Industry – Casinos and Online Gambling, Limited Payout Machines, Horse Racing and Sports Betting & the Lottery

Published

2 years ago

October 19, 2022

Reading Time: 4 minutes

The “The South African Gambling Industry 2022” report has been added to ResearchAndMarkets .com’s offering.

This report focuses on the gambling industry and includes information on the state of the industry including casinos and online gambling, limited payout machines, horse racing and sports betting and the lottery. It includes information on influencing factors such as regulation, major players and developments.

There are profiles of 23 companies such as major players in casinos Tsogo Sun Holdings, Sun International and Peermont Global, horse racing operators 4Racing and Gold Circle, lottery operator Ithuba and sports and online betting companies such as Netbet (Sportingbet) and various gambling boards and regulators.

The Gambling Industry in South Africa

The gambling industry is recovering from the loss of business during the pandemic when casinos and bars were shut. However, industry sources say casino and bingo revenues are still below pre-pandemic levels, with the rebound being driven by betting and limited payout machines. The effects of the lockdown resulted in a shift in market share, largely to online betting.

This trend is expected to continue, as the steady decline in the revenue market share of casinos has been going on for years. New products and the borderless online environment bring direct competition to traditional gambling establishments and deprive the country of licensing and tax revenue.

Trends

Some of the most popular forms of gambling in South Africa include casino betting, sports betting, and bingo. The industry is growing despite the poor economy, driven by online and sports betting. Illegal online gambling is difficult to monitor and regulate.

The popularity of horse racing has been declining in recent years in favour of sports betting. South Africa’s sports betting sector centres around rugby, soccer, cricket, and horse racing. Bets can also be placed on the top US sports leagues.

Key Topics Covered:

1. INTRODUCTION

2. DESCRIPTION OF THE INDUSTRY
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry
2.4. Key Success Factors and Pain Points

3. LOCAL
3.1. State of the Industry
3.2. Key Trends
3.3. Notable Players
3.4. Corporate Actions
3.5. Regulations
3.6. Enterprise Development and Social Economic Development

4. AFRICA

5. INTERNATIONAL

6. INFLUENCING FACTORS
6.1. COVID-19
6.2. Economic Environment
6.3. Illicit Gambling, Fraud, and other Criminal Activities
6.4. Rising Operational Costs
6.5. Labour
6.6. Negative Social Consequences of Gambling
6.7. Technology, Research and Development (R&D) and Innovation

7. COMPETITIVE ENVIRONMENT
7.1. Competition
7.2. Ownership Structure of the Industry
7.3. Barriers to Entry

8. SWOT ANALYSIS

9. OUTLOOK

10. INDUSTRY ASSOCIATIONS

11. REFERENCES
11.1. Publications
11.2. Websites

Companies Mentioned

190 Flamingo LLC
3535 LV Corp
3535 LV Parent LLC
4Racing (Pty) Ltd
AC Conference Holdco
AJP Holdings
Anytime Power (Pty) Ltd
Aster Insurance Ltd
Ballys
Baluma
Benco Inc
Betcoza
Betsumor Gaming (Pty) Ltd
Betting Information Technology (Pty) Ltd
Betting World
BI Gaming Corporation
Biloxi Hammond LLC
Biloxi village Walk Development LLC
BL Development Corp
Boardwalk Regency Corporation
BPP Providence Acquisition Company LLC
Burlington Street Services Ltd
CA Hospitality Holding Company Ltd
Caesars
California Clearing Corporation
Cassava Investments (Pty) Ltd
CG Services LLC
CH Management Company Ltd
Chester Downs and Marina LLC
Chester Facility Holding Company LLC
Christian County Land Acquisition Company LLC
Cinderlane Inc
Consolidated Supplies Services and Systems
Corner Investment Company Newco LLC
Cromwell Manager LLC
CZL
Dagger Holdings Ltd
DCH Exchange LLC
DCH Lender LLC
Des Plaines Development Ltd Partnership
Desert Palace Inc
Durante Holdings LLC
East Beach Development Corporation
Eastern Cape Gambling and Betting Board
Edward Cavendish and Sons (Pty) Ltd
Egoli Gaming (Pty) Ltd
Emerald Safari Resort (Pty) Ltd
Euphorbia (Pty) Ltd
Ezeefun (Pty) Ltd
FHR Corporation
FHR Parent LLC
Flamingo
Foothills Trading and Investment (Pty) Ltd
Free State Gambling, Liquor and Tourism Authority
Galaxy Bingo
Gauteng Gambling Board
GB Investor LLC
GCA Acquisition Subsidiary Inc
GNOC Corp
Gold Circle (Pty) Ltd
Golden Nugget Club Ltd
Grand Coffee House (Pty) Ltd
Grand Foods Bakery (Pty) Ltd
Grand Ice-Cream (Pty) Ltd
Grand Media Buying Inc
GRIPP Advisory (Pty) Ltd
H-BAY LLC
HAC CERP Manager LLC
Harrah South Shore Corporation
Harrahs
Harveys
HBR Realty Company Inc
HCAL LLC
HCI
HCR Services Company Inc
HEI Holding
HET International
HHLV Management Company LLC
HIE Holdings
HLV CERP Manager LLC
Hole in the Wall LLC
Hollywood Sportsbook Holdings
HTM Holding Inc
Interbet (Pty) Ltd
Ithuba Holdings (RF) (Pty) Ltd
JCC Holding Company II Newco LLC
Jeddler Investments (Pty) Ltd
JGB Vegas Retail Lessee LLC
Johnnies Strategic Investment Holdings Ltd
Kaapse Wynprodusente Vereniging (Pty) Ltd
Koval Holdings
KwaZulu-Natal Gaming and Betting Board
La Concorde
LAD Hotel Partners LLC
Lakama Resorts and Casino (Pty) Ltd
Las Vegas Golf Management LLC
Las Vegas Resort Development Inc
Laughlin CERP Manager LLC
Laundry Parent LLC
LCI PLC
Lexshell 94 General Trading (Pty) Ltd
Lifeboat Inc
Limitless Angel Fund (Pty) Ltd
Limpopo Gambling Board
Listed Investments (Pty) Ltd
London Clubs
LVH Corporation
LVH Parent LLC
Martial Development Corporation
Monte Cinemas (Pty) Ltd
National Casino Resort Manco Holdings (Pty) Ltd
National Gambling Board
Netbet (Pty) Ltd
Nevada Marketing LLC
Niveus Invest11 (Pty) Ltd
North West Gambling Board
Northern Cape
O L I M P (Pty) Ltd
Ocean Showboat Inc
Octavius Linq Holding
OCZ Holdings Pte Ltd
Parball LLC
Parball Parent LLC
Paris CERP Manager LLC
Paris Las Vegas Operating Company LLC
Park Place Finance ULC
Peermont Global (Pty) Ltd
PH Employees Parent LLC
PHW
Playboy Club (London) Ltd
Players Bluegrass Downs Inc
Players Development Inc
Players Holding LLC
Players International LLC
Players LC LLC
Players Maryland Heights Nevada LLC
Players Resources Inc
Players Riverboat
Players Services Inc
Pocatello Investments (Pty) Ltd
Quad Manager LLC (The)
R A Corporate Services (Pty) Ltd
Reno Crossroads LLC
Reno Projects Inc
Rio CERP Manager LLC
Rio Development Company Inc
Robinson Property Group Corp
Roman Entertainment Corporation
Romulus Risk and Insurance Company Inc
Showboat
Slots and Keno Ltd
Sofiline (Pty) Ltd
Sportsman Club Ltd (The)
Sterling Suffolk Racecourse LLC
Sun International
Sunwest Tote (Pty) Ltd
Supabets (Pty)
Supaworld Gauteng (Pty) Ltd
SW Security and Fire Solutions

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Meridian Donate: Revolutionizing CSR in the Betting and Gaming Industry

Published

3 days ago

May 3, 2024

George Miller

Reading Time: 2 minutes

Innovative engagement strategy positions MeridianBet as a leader in CSR within the betting and gaming industry
Optimized brand loyalty as active customer participation in CSR strengthens connection and loyalty
Scalable impact, as the model is designed for expansion and could be adapted to new markets, indicating potential for widespread adoption and growth

Transforming Customers into Environmentalists and Humanitarians

MeridianBet’s pioneering initiative, Meridian Donate, is transforming the betting industry by engaging customers directly in corporate social responsibility (CSR) actions. This unique platform allows customers to actively participate in and fund various environmental, societal and humanitarian projects, setting a new standard for customer engagement and community impact.

Key Features of Meridian Donate:

Direct customer involvement: Customers are not just donors but active participants in CSR decisions
Diverse programs: Offers choices from global afforestation to local humanitarian efforts
Partnerships with renowned organizations: Collaborates with entities like the Red Cross and UNICEF

Expanding Impact: A Year-by-Year Growth

The Meridian Donate platform has seen substantial growth in its scope and impact:

Number of individual campaigns: Grew from 8 in 2021 to 20 in 2023
National markets Integrated: Expanded from 3 in 2021 to 8 in 2023
Direct Beneficiaries: Increased from 43 NGOs in 2021 to 159 in 2023

In 2023 alone, the platform’s expansion into eight markets facilitated 20 customer-funded campaigns, directly benefiting 159 NGOs, up from 122 the previous year.

Continued Commitment to Innovation and Community Involvement

Meridian Donate not only showcases MeridianBet’s dedication to CSR but also redefines the role of digital marketing within the industry. By converting sports bettors into active CSR participants, Meridian Donate enhances customer loyalty and brand value, making it a critical element of MeridianBet’s market strategy.

Recent Successes and Future Outlook

In its recent operation, Meridian Donate has launched an ambitious global afforestation initiative, committing to plant 20,000 seedlings across various regions. This project not only underscores our environmental commitment but also enhances our brand’s community presence. Already, several hundred contributions have been recorded in the platform’s first month, indicating robust customer engagement and support.

The post Meridian Donate: Revolutionizing CSR in the Betting and Gaming Industry appeared first on European Gaming Industry News.

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Imagine Live Launches Casino Hold’em

Published

3 days ago

May 3, 2024

George Miller

Reading Time: < 1 minute

Imagine Live proudly unveils its latest game addition – Casino Hold’em. This thrilling new game promises to elevate the poker experience for enthusiasts and novices alike, combining the excitement of traditional Texas Hold’em with the thrill of live casino action.

Casino Hold’em offers players a dynamic and immersive gaming experience. With sleek graphics, intuitive gameplay, and live dealers, players will feel seated at a high-stakes table in a world-class casino right from the comfort of their homes.

Key features of Casino Hold’em include:

Neon-lighting Studio: Casino Hold’em has a very inviting atmosphere. It features an elegant, well-designed studio with neon lighting that evokes a sophisticated gaming environment.

Captivating Gameplay: Stunning graphics and seamless gameplay transport players to the heart of the action.

Bonus Bet: In Casino Hold’em, players can place a Bonus bet alongside their initial Ante bet. Even if the Play bet is lost, the Bonus bet remains unaffected and can still be won if the specific hand criteria are met.

Multiplatform Compatibility: Enjoy Casino Hold’em on desktop, tablet, or mobile devices, allowing players to play anytime, anywhere.

“We’re thrilled to introduce Casino Hold’em to our players,” said Mikayel Aznauryan, Chief Product Officer at Imagine Live. “At Imagine Live, we’re committed to delivering premium gaming experiences, and Casino Hold’em is no exception. With its blend of live action, strategic gameplay, and neon design, we believe it will quickly become a favorite among poker enthusiasts worldwide.”

The post Imagine Live Launches Casino Hold’em appeared first on European Gaming Industry News.

Latest News

Relax Gaming increases Italian presence via Octavian Lab aggregation deal

Published

3 days ago

May 3, 2024

George Miller

Reading Time: < 1 minute

Relax Gaming, the iGaming aggregator and supplier of unique content, has further increased its footprint in the Italian market with Octavian Lab.

Octavian Lab is a software house and service provider for online gaming suppliers. Led by highly specialised technicians, the company is committed to the development of products, protocols and integrated solutions in key regulated iGaming markets.

This partnership will see Octavian Lab’s operator partners in Italy, including leading sportsbook and casino Eurobet, gain access to a host of popular Relax Gaming titles.

Eurobet players are now able to enjoy timeless classics from Relax Gaming including the hugely popular Money Train series, Wild Chapo 2 and Marching Legions.

Gianluca Crimaldi, Director of Italy at Relax Gaming, said: “In order to continue our hugely successful trajectory in key markets such as Italy it is imperative that we continue working alongside some of the industry’s best aggregators.

“We are delighted to partner with the talented team at Octavian Lab who are helping ensure our games reach Italian players via the country’s top operators.”

Emanuele Nocentelli, CEO of Octavian Lab added: “We are proud of our partnership with Relax Gaming, one of the industry’s leading providers of high-quality games. It’s fantastic to be distributing their portfolio via our Gaming and Aggregation platforms and we are confident that Relax content will resonate with a wide audience of players across Italy. We look forward to maintaining and building upon this partnership for a long time to come.”

The post Relax Gaming increases Italian presence via Octavian Lab aggregation deal appeared first on European Gaming Industry News.