More than half of South African workers are turning to sports betting and online gambling to plug budget shortfalls and to pay off existing debt, a survey showed.
About 53% of South African workers between the ages of 18 and 65 and earning at least 8,000 rand ($477) a month are turning to wagering, with 42% doing so frequently in the hope that they can make money to cover some expenses and debt, Old Mutual Ltd. said in its Savings and Investments…