South Africa has entered a dangerous era of mass gambling, with participation rates doubling since 2017 and total bets reaching R1.14 trillion last year. This is according to Sebastien Alexanderson, Head of National Debt Advisors (NDA), who is sounding the alarm on the country’s deepening debt crisis.
The surge, particularly driven by youth (74% of young South Africans have gambled), is creating a debt trap where families are losing homes, savings, and stability while chasing big wins through gambling.
Official Response
“Gambling has become a silent epidemic,” said Alexanderson. “We speak to people daily who are losing not just money, but families, homes, and futures.”
According to NDA:
- Online gambling now accounts for 61% of total gambling revenue.
- Social media, flashy ads, and influencer marketing are normalising gambling.
- People are using loans and credit cards to fund bets, worsening household debt.
Alexanderson explains a vicious cycle that people gamble to escape debt, then borrow more when they lose digging deeper into financial ruin.
“The line between leisure and addiction is blurred,” he warned. “The consequences are devastating.”
Community Impact
The crisis affects more than just individuals it’s hitting families, communities, and the economy. Gambling debt is leading to:
- Family breakdown
- Missed school fees
- Food insecurity
- Mental health issues
Young people are especially vulnerable. Easy access to 24/7 betting apps and minimal regulation means gambling is now embedded in youth culture.
What Households Can Do: 3 Key Steps from NDA
- Know the Risks and Set Limits
Understand how gambling can spiral. Set limits on money and time. - Budget First, Bet Later (If at All)
Cover essentials like rent, food, and school fees first. - Get Help Early
Seek debt counselling or support if gambling is causing stress or financial issues.
FAQ – South Africa’s Gambling Crisis
- How big is South Africa’s gambling industry now?
As of 2024, gambling reached R1.14 trillion doubling since 2017. - Who is most at risk?
Young people. 74% of youth have gambled, often via online platforms. - Why is gambling growing so fast?
Online access, social media marketing, and weak regulation are major drivers. - What are the dangers of gambling debt?
Loss of housing, family conflict, mental stress, and deeper financial ruin. - Where can people get help?
Debt counselling services like National Debt Advisors (NDA) or local mental health professionals.
