July 30, 2026
For over half of South African workers, expanded access to sports betting and online gambling is increasingly being seen as a way to make ends meet. The trend is most pronounced among lower-income earners, particularly those making between 8,000 and 15,000 rand per month ($480 to $900). It reflects the growing financial strain facing many South Africans as the economy continues to struggle: GDP growth has stagnated in recent years, unemployment remains near the highest in the world, and the share of people taking out personal loans has increased by 10% since 2025.
More For You
Can Washington turn military pressure into a diplomatic strategy? Brett McGurk joins Ian Bremmer on the GZERO World podcast to discuss the Iran war, Houthi attacks, and how elections in Israel and the US could reshape the region.
Most Popular
Think you know what's going on around the world? Here's your chance to prove it.
Turkish President Recep Tayyip Erdogan receives Canadian Prime Minister Mark Carney with an official ceremony in Ankara, Turkiye on October 22, 2026.
Anadolu via Reuters Connect
Canadian Prime Minister Mark Carney is in Turkey on Thursday for talks with President Recep Tayyip Erdogan - the visit is the first by a Canadian prime minister.
© 2025 GZERO Media. All Rights Reserved | A Eurasia Group media company.
