Seen that? - South Africans Gamble R9.9 Billion

Filed in archive Best of on May 5, 2010

South Africans Gamble R9.9 Billion The Gambling Weblog

The South African gambling industry raked in nearly 10 billion rand over the last year - including horse racing, casinos, bingo and limited-payout machines. This showed a 22% increase on the previous 12 months. the breakdown shows that casinos account for almost 88% of the total revenue (R8.7bn), horse racing at 12%, bingo at 0.2% and limited-payout machines at 0.3% of gross gambling revenue Noticeably, it was the limited-payout machines that made [...] Read More


South Africans Aren't So Interested in Gambling Anymore The Gambling Weblog

Unlike the rest of the world, it seems as if the South Africans are tiring of gambling. Latest research has shown that fewer South Africans are gambling than when gambling was developed between 1997 and 2002 - less than 1% of GDP and only 1.7% of total household expenditure. South Africans spent 11.6 million Rand in 2005 with the majority in casinos. Whilst this is an increase on 2003, participation in some [...] Read More


Online Gambling Company Plans $1 Billion Float The Gambling Weblog

Israeli online gambling marketing firm, Empire Online, is hoping to gain a $1 billion valuation when it floats on the London stock exchange this month. Empire Online makes its money purely by marketing online casino and poker sites and has recently finished the required road show, hoping to gain the interest from Israeli institutional investors. The company announced that in 2004, they had a net revenue of almost $38 million on [...] Read More


South Dakota's (Few) Non Tourist Traps Hidden Travel Gems

The Black Hills of South Dakota are known for the gold that was discovered there during the 19th century. The stories of this period were recently given a retelling by the makers of the violent, but supposedly true-to-life, HBO series Deadwood. Rapid City, the main town in today's Black Hills, bears little resemblance to the Wild West. Most of the economy these days is geared towards the tourist industry. Even [...] Read More


SOUTH POINT CASINO POKER ROOM REVIEW Play Las Vegas

Las Vegas casinos are changing hands these days faster than a fighter jet flies. The recently built "South Coast Casino" has been acquired by Michael Gaughan, who actually was part of the group that was responsible for it creating it in the first place. So the casino has been renamed "South Point Casino" and just a short while ago its snazzy new Poker room was opened. Here's the first review of this Poker [...] Read More