This Responsible Gambling Month, there is focus on the perilous rise of gambling as a financial lifeline for many South Africans struggling to make ends meet.
With a growing number of individuals impacted by economic challenges, the gambling industry has managed to position itself as a seemingly viable solution for those eager to stretch their financial resources. However, the reality is that gambling can deepen financial woes, leading to a concerning cycle of debt and dependency.
According to JustMoney’s inaugural large-scale survey, Money & Me, an alarming 3% of respondents opt for online gambling, even when faced with other popular options for cutting costs. This trend is particularly pronounced among those earning less than R5 000…