Casino Association reports first decrease in gambling revenue in 20 years
The Casino Association of SA (Casa), which represents the legal casino gaming industry‚ has signalled that the economic downturn is emptying the pockets of punters. Its 12th annual survey of the South African casino industry showed that‚ for the first time since the inception of the casino industry in SA under the new democratic dispensation‚ there was a decrease in revenue. Casa members generated gross gambling revenue of R17.8bn in the year to March 2017‚ down 1.8% from R18.2bn in the previous year‚ "due to current economic conditions negatively impacting consumers’ disposable income and revenue erosion from illegal gambling". Gauteng remains the largest contributor to gross revenue with R7.363bn — but this is down 1.6% compared to last year.