Broadcast Type: News; National Gambling Board meeting addresses South Africa's gambling crisis as citizens spend R1.1 trillion on gambling, marking a 40% increase from the previous year.
the d time a once upon a but we're gonna be talking matters about other unrelated to politics and we're going to be talking about his meeting with gambling the national board now as we know south africa might have a gambling crisis twenty-three and the twenty-two twenty-four south africans spend wait for it one point one trillion i'm gambling alone one point one not billion one point one that's trillion how much south africans spend on gambling and this is at forty percent the previous more than financial year south so a lot of africans are gambling and that gambling is hugely and you look at things like that you must know that is usually synonymous countries with that have got a very high unemployment rate as well just add to that gambling online is like taking a chance gambling especially sports as well which is just basically taken off all the last few years africans spend so south one point one trillion alone on gambling and that is scary northern now as the cape and telephones i am proud be joined by to my very good friend tony modise was an economic analyst