South Africa’s iGaming Market Expected to Reach €3.63 Billion by 2025
South Africa’s iGaming sector is set to grow significantly. The market is projected to reach €3.63 billion in gross gambling revenue (GGR) by the end of 2025. SOFTSWISS’ report, iGaming in South Africa 2025, provides an in-depth look at the market’s development, regulatory framework, and emerging trends.
Mobile and Digital Adoption Drive Growth
The growth of South Africa’s iGaming market is fueled by digital adoption and shifting player preferences. Online betting dominates, making up 60.5% of the market’s revenue. Mobile wagering plays a key role, with 81% of bets placed on smartphones and tablets. This trend is due to the country’s high smartphone penetration and the convenience mobile devices offer.
South Africa’s regulatory landscape remains complex. The National Gambling Board and nine provincial licensing authorities oversee the market, each with its own rules. Operators must navigate this fragmented system and develop compliance strategies tailored to each province. A 15% VAT on betting transactions adds another layer of complexity.
Innovation in Response to Regulations
Despite these challenges, South Africa remains attractive to investors. The report highlights how operators are embracing gamification and social play elements to engage younger players. To comply with regulations, which ban traditional online casinos, operators have adapted. They offer casino-style games like number-based and “crash” games as sports wagers, providing a similar experience within the legal framework.
SOFTSWISS is committed to supporting South Africa’s growing iGaming sector. The company combines global expertise with local insights to offer solutions tailored to the region’s unique needs. Vitali Matsukevich, Chief Commercial Officer at SOFTSWISS, stated:
“Our understanding of global trends and local dynamics positions us to meet the evolving needs of the South African market.”
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