For many South Africans, the end of the month arrives long before payday does.
Bills pile up, grocery prices climb, and salaries often stretch only so far. In that pressure cooker, some workers are turning to an unlikely and risky coping strategy: gambling.
New insights from Old Mutual reveal that about 40% of working South Africans now gamble frequently, with many doing so not for entertainment but to plug financial gaps.
Instead of placing a bet for fun, some workers are hoping for a lucky break that might help them cover rent, settle debt, or get through the month.
Gambling is becoming a financial survival tactic
The research paints a picture of a workforce under growing financial strain.
According to Statistics…