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Podcast: The Daily Discourse
Episode: Rise in Online Gambling
Description: The Gross Gambling income being generated in the past year is R47 billion in the past financial year and represents 37% increase from April 2023 to March 2024. This is largely due to betting and gaming companies expanding their online presence and the gambling activities on offer. Â Due to this move, they are capturing a young audience (18-34 years old) who spend more time on their phones than at a casino. According to an InfoQuest survey taken earlier this year, young people engaged in gambling activities at least 11 times a month (on average). Gambling may be seen as r...