EPISODE · Jun 18, 2026 · 11 MIN
The R49bn Consumer Drain: How Online Gambling Is Reshaping SA Retail
from Kaya 959 · host Gugulethu Mfuphi
South Africa’s retail recovery is being quietly undermined by a surge in online and sports betting. Anchor Capital's Stephan Erasmus unpacks the sixfold rise in gambling revenue, the impact on discretionary spending, and why retailers say gambling is now a bigger threat than global e‑commerce platforms. Kaya FM
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The R49bn Consumer Drain: How Online Gambling Is Reshaping SA Retail
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