More and more South Africans are gambling to top up their salaries to cover expenses.
That is according to Old Mutual, whose corporate unit has shared the insights. According to the survey, around about 40 per cent of working South Africans now gamble regularly.
The group says many workers are turning to betting to cover monthly financial shortfalls and pay off debt.
It has warned that this sharp rise in gambling is one of the clear signs of growing financial stress in South Africa’s workforce.
Calls for employer support and targeted financial guidance
Old Mutual Corporate’s Keri-Lee Edmond says it’s no longer an individual challenge, but a workforce-wide issue that employers need to factor in, in their support for their employees.
“What we…