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The truth about gambling in South Africa | SA News

Caitlyn Hilliard-Lomas
 ·3 Apr 2026

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According to the South African Reserve Bank (SARB), reports that South Africans spend R1.5 trillion on gambling are misleading.

In its March 2026 Quarterly Bulletin, the central bank addressed reports that South Africa spent R1.5 trillion on gambling in 2024, equivalent to over 20% of gross domestic product for that year.

The SARB said that while South Africans are definitely spending more on gambling, the R1.5 trillion figure doesn’t tell the full…

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