Mthobisi Nozulela|Published
The Credit Association of South Africa (CASA) has warned South Africans against using credit or money meant for household essentials to fund gambling.
The warning comes amid a sharp rise in online gambling and growing concerns about its impact on household finances. According to the Old Mutual Savings and Investment Monitor 2026, 53% of working South Africans gamble, while 42% say they often do so in the hope of covering expenses or paying off debt.
The report also found that the proportion of working South Africans experiencing financial difficulties because of gambling nearly doubled, from 12% in 2025 to 22% in 2026.
Rising financial pressure drives gambling
CASA said using credit cards, personal loans or money borrowed from friends and family to gamble can lead to long-term debt and financial distress.
“Never use funds to gamble that are designated for necessities like rent, food, transport, or utility bills. Avoid using credit cards, loans, or borrowing from friends and family to fund gambling, as it increases the likelihood of long-term debt and severe financial distress.”
“As financial pressure on South African households continues to mount, consumers are being forced into finding alternative ways to pay the bills, or service their existing debt. Many are turning to online gambling, as it is portrayed as an opportunity to earn extra income.”
A report by the Solidarity Research Institute found that online gambling activity in South Africa grew by 390% between 2021 and 2025, driven largely by increased access through mobile phones and widespread gambling advertising.
Borrowing to gamble can deepen debt
Van Pletzen warned that using borrowed money to recover gambling losses could create a cycle of debt, leaving consumers struggling to meet their monthly financial commitments.
Although gambling does not directly affect a person's credit score, the financial consequences can damage their credit record if they fall behind on repayments.
“Default payments are reported to credit bureaus, which ultimately affects your credit history,” she said.
CASA also warned that applying for additional credit cards or personal loans to cover gambling losses could add to consumers' financial pressure.
IOL