South Africa’s GGR forecast to reach £2bn in 2021

According to a recent report published by auditing firm PwC, South Africa’s gross annual gambling revenues (GGR) are forecast to reach almost £2bn by 2021. The research study has revealed that the country’s gaming revenues are expected to hit R35bn (£1.86bn) in 2021, increasing at a 5% compound rate from R27 (£1.43bn) this year. It added gambling taxes and levies would extend to R3.5bn (£190m) by 2021, rising at a 5.2% compound annual ...