SA world's third largest casino market

Not only is South Africa the world's third largest casino market, but was also the fastest growing casino market in 2010 with a 3.5% increase, a new report by PwC reveals.

In its Global Gaming Outlook to 2015 released on Monday, PwC says that in terms of casino gaming, France had the largest casino market in 2010 at $3.8 billion, followed by Germany and South Africa at $2.0 and $1.8 billion, respectively.

But France has declined during the past two years, and a further drop is expected in 2011 with modest increases projected thereafter as the economy improves, according to PwC.

"Germany has one of the strongest economies in EMEA, and its market continued to expand during the past three years, albeit at annual rates of less than 1 percent. We look for somewhat faster increases during the latter part of the forecast period as economic conditions strengthen and as private companies enter the market as privatization occurs, by taking on existing licences," the report says.

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Casino Tips for Beginners

casino tips
It can take quite some time to become a master at the casino but a few tips to bear in mind if you are just beginning are:

• Don’t try to be crafty – casinos are heavily populated with security cameras and any attempts to cheat the system will be captured.

• Be careful with your personal belongings – some casinos do attract the petty criminal so keep an eye on your belongings, especially handbags. Thieves will target those who are distracted by games.

• Study, study, study – even if you’re only going to be playing with small amounts, it pays to study the games beforehand and pick up any tips for successful play.

• Don’t bet more than you can afford to lose – this one is self-explanatory!

• Don’t count on winning – you may well trip into the casino with lofty ambitions of leaving with a small fortune but this is not a good idea. Yes, you may have a wonderful winning streak but take each win as it comes and just concentrate on having a good time

• Don’t drink and play! Although the casino may well ply you with free drinks, alcohol can muddy your rationale and you might make decisions that you’ll regret in the morning (while you’re nursing that hangover…)

• Stay humble – even if you’re having the most amazing winning streak ever known to man, keep your wits about you and remember it can end just as suddenly as it started

• Keep your head down – If you are doing well and therefore winning lots of money, keep it quiet. There will be those on the prowl for people like you!