South Africans spend Over R1tn on gambling in 2024

JOHANNESBURG – More and more South Africans are turning to gambling to make ends meet.
Well that’s according to a survey by Financial Services, Olemera.
The survey shows that South Africans have spent R1,1 trillion gambling in 2024, a 40% increase from last year. 
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Managing director at Olemera, Gary Walker says this is a desperate attempt to keep up with the rising cost of living.