The gambling business in South Africa is well-developed. A huge number of casinos and betting establishments operate within the country. This is why beginning South African entrepreneurs and foreign investors often consider this state as a very lucrative market.
2WinPower experts have studied the specifics of the South African gambling laws to help you understand how to start your business in this country on the most favourable terms.
The history of gambling business in South Africa is quite rich. Until 1965, residents participated in various gaming activities actively. However, a law prohibiting games of chance was passed that year. Only horse race betting was allowed. At that time this kind of leisure activities was considered a sport in South Africa.
Despite the ban, casinos and betshops were opened on the territory of the Bantustans (independent regions inhabited by indigenous people). In 1995, there were more than 2000 gambling establishments within the state.
It is noteworthy that modern residents of South Africa also have a positive attitude towards various gambling activities.
Check out the statistics on popular entertainments:
Each major city has dozens of casinos. Cape Town is the most attractive city for developing the gambling business in South Africa. Many gambling establishments are located here.
This city is known for the largest casino in the country, GrandWest Casino & Entertainment World:
Despite the fact that only about 10 per cent of gamblers visit casinos, this field generates most of the gaming industry’s profits (70% of the annual gross income). The total revenue of the gambling business is about two billion dollars.
In 1994, after the end of apartheid, the government changed the South African gambling laws. Businessmen got the chance to open casinos in South Africa and get the appropriate licenses. The new law allowed all types of land-based gambling.
The state structure regulating the activities of the gaming industry is the National Gambling Board. The Casino Association of South Africa also plays an important role in the development of the gaming business.
It aims to unite all operators to spread the correct information about gambling in society, break stereotypes, fight gambling addiction and follow the principles of fair play.
Virtual gambling in Johannesburg, Cape Town and other cities is allowed partially. Operators who are eager to find out how to open a sports betting business in South Africa from a legal perspective resort to the local authorities. Sports and horse race betting are allowed. This is great news for entrepreneurs wishing to open online betting establishments in South Africa. In addition, gamblers can visit the national lottery website.
Casino games, poker and other skill-based entertainments are prohibited. However, experts are looking for changes, so soon it may be possible to obtain a license and buy an online casino in South Africa.
Besides, more and more players are registering on various foreign gaming resources. The fact is that the activities of such websites are practically not monitored by the government. Therefore, operators willing to buy online casinos in South Africa can open and register their gambling companies in other states — offshore jurisdictions (Alderney, the Isle of Man, Curacao, Kahnawake, etc.). Moreover, a recently popular cryptocurrency trend pushes these managers to integrate South African Bitcoin casino software and attract even a wider audience.
To simplify and speed up the process of starting a gaming or betting business, it is recommended to buy a turnkey online casino in South Africa. This solution includes a whole range of products and services needed for successful start-ups. Consider some undeniable benefits of this offer.
Selecting the decent casino software in South Africa
Experts from reputable intermediary-companies can help you research your target audience's preferences and find the best casino software in South Africa
The assistance in obtaining a license
The purchase of a turnkey online casino in South Africa includes licensing services. It is possible to obtain a license in an offshore jurisdiction for casino operators.
Besides, businessmen working in the betting industry have the opportunity to get a South African permit to provide gambling services
An experienced team of specialists will create an attractive website following the current trends and market requirements.
Of course, the operator's wishes will be taken into account while picking the design of a casino for sale in South Africa
The connection of payment systems
The mediator-company will connect popular payment services to your website (electronic systems, virtual wallets, cryptocurrencies, etc.)
The protection of a gaming resource
The package of services also includes the reliable protection of the gaming platform.
Cutting-edge security tools will help you prevent bonus abuse, money laundering and identify potential fraudsters at the registration stage
The promotion of online casinos and betting websites
To stand out from the competitors, you need to use effective marketing techniques.
After purchasing a ready-made casino or betting website, professional marketers will develop a good promotion strategy for your gaming resource
Feel free to contact the supplier's consultants regarding any questions. Qualified informational support is also included in the package of available services
The gaming industry in South Africa continues to develop rapidly. Every year this area brings billions of dollars in revenues to the local budget. Numerous entrepreneurs are eager to understand how to start a gambling business in South Africa and bring even more funds to the state’s treasury. That is why the government supports casinos and betting operators wishing to open their establishments in Cape Town, Johannesburg, Durban and other cities.
Before starting your own business, consider several important characteristics of this market:
2WinPower is engaged in the development of turnkey gaming resources and the sale of gambling software in South Africa. We cooperate only with the best content producers, for example, Amatic, Greentube, Vivo Gaming, Microgaming and others. Moreover, our company is engaged in the development of unique gaming software. We will create the desired product taking into account your wishes.
Do you want to find out more about our offers? Please, contact our consultants:
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