South Africa is a developing country, but is being hit hard by a First World problem: sports betting addiction.
Johan Fourie noted earlier this year:
In 2025, South Africans spent close to – if not more than – R1 trillion on sports betting. To put it into perspective, the total annual income of South African households in 2023 was R4.3 trillion. It should be noted, though, that sports betting turnover includes ‘recycled’ spending, i.e. when winnings are used for another bet. Still, sports betting is now a considerable share of household disposable income.
Two years ago, I explained why this is a deeply worrying trend. What’s most striking is…
Read the full article at BREITBART.COM
