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Podcast: The McDaddyOfRadio Show
Episode: UnEmployment is Pushing SA Youth on Gambling Platforms says Rethabile Mohlala
Description: UnEmployment is Pushing SA on Gambling Platforms: A new study by Experian and Vault22 reveals that up to half of young South Africans’ income - including social grants - is spent on gambling. With unemployment high and access to credit limited, many see betting as a quick fix, though it worsens financial distress. Even middle-income earners spend more on gambling than on groceries. The study further notes that the industry, dominated by online platforms like Betway and Hollywoodbets, contributes little to jobs or growth.