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UnEmployment is Pushing SA Youth on Gambling Platforms says Rethabile Mohlala
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.
The skinny
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