Mmegi

We need to get to grips with online gambling

Game on: Punters are constantly on their phones making bets on various sporting activities PIC: MICROSOFT BING ARTIFICIAL INTELLIGENCE
Game on: Punters are constantly on their phones making bets on various sporting activities PIC: MICROSOFT BING ARTIFICIAL INTELLIGENCE

The simple truth is that addiction, poverty and misery are at the core of the gambling industry, hardly a noble endeavour by any stretch of the imagination.

It is never certain that when answering a question at a company’s results presentation, it will capture quite so much attention. This is precisely what happened when I was asked for my view on the impact of online gambling on disposable income in South Africa at Pick n Pay’s results presentation on 27 October.

This may have appeared as an unrelated subject to retail, but that is to take one industry in isolation from another. The fact is, unchecked online gambling has a distinct and direct impact on disposable income and thus what South Africans are spending on food and groceries.

Editor's Comment
Justice delayed is development denied

The P300 million internal roads tender is a case study. A bidder’s complaint revealed alleged irregularities. A tribunal ordered a re-evaluation.The council and the initial winner appealed to the High Court. Now, the Ministry of Local Government and Traditional Affairs, frustrated by the delay, writes to the council suggesting the tender be cancelled, and an alternative procurement model be explored, while the matter is still before the courts....

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