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.