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Tag: Gambling

South Africa set to implement stricter gambling laws

Minister of Trade and Industry, Rob Davies, officially tabled the National Gambling Amendment Bill on Friday (20 July). The Amendment Bill – which has existed in various forms since 2016 – proposes several...

SA gambling revenue forecast to hit R35bn in 2021

South Africa’s gross gambling revenues (GGRs) are forecast to increase from last year’s R27 billion to R35bn in 2021 or a 5.1 percent compound annual increase.     This according to auditing...

Casino industry body queries additional casino licence

Today, in Government Gazette No 40058, the Minister of Trade and Industry, Dr Rob Davies increased the maximum number of casino licences that may be granted in the country from 40 to...

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FNB pays out R11.8 billion to property buyers using nav» Home...

FNB has facilitated R11.8 billion in payouts to property buyers using nav» Home in its banking APP. Since launching nav» Home in 2016, approximately 10 000 families have been...

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