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South African Race Wagering

Horse racing in South Africa dates back to the early 19th century, and both fixed-odds and pari-mutuel betting are popular. The Horseracing and Betting Department of the National Gambling Board is responsible for overseeing each province's horse-racing regulations.

There are two racing operators in South Africa: Phumelela Gaming and Leisure Ltd. and Gold Circle (Pty) Ltd. These two companies own a majority share in Betting World (Pty) Ltd., a bookmaking business that operates more than 50 bookmaking branches in South Africa. Phumelela Gaming and Leisure Ltd. and Gold Circle are the exclusive horse racing and tote operators in the country and pool all bets into a single TAB.

South African Race Wagering Properties

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