14 January 2019, Johannesburg, South Africa
South Africa
In 2015, PwC South Africa’s senior manager; Sanchia Temkin reported in the annual gambling sector outlook that gaming industry revenues are expected to make a massive rise to R30 Billion (USD$2,17 Billion) in 2019. In later editions of the report in 2017 drafted by Pietro Caliccio and Yolan Naidoo, we see that the predicted rise grew even further to R31 Billion for 2019, which shows that the gaming industry growth is faster than initially thought.
With the 2018 Gambling Outlook still not publicly available, one can only wonder why the gambling industry is performing much better than expected? And whether it will continue this growth trend.