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Top 5 on Fin24: Online gambling the real world cup winner, Ramaphosa gives ministers 2 weeks for plan to ease consumer pain and BER cuts SA's growth outlook

iStock_sa economy But if there's one industry that stands to win whatever happens, it's betting. Industry bodies have in the past argued that opposition to ads is emotional rather than evidence-based. Dr Mark Griffiths, of Nottingham Trent University's gaming research unit, found otherwise. According to his research, normalisation of sports betting could hurt vulnerable sections of society: Some 70% of children have seen gambling ads on social media, according to the Gambling Commission; and problem gamblers mention advertising as a trigger. READ:  The real world cup winner? Online gambling NUM said to reject Eskom wage proposal as talks resume One of the three unions meeting on Friday with power utility Eskom has already rejected its latest wage offer, according to a person with knowledge of the situation. Wage talks earlier broke down when Eskom could only offer unions a wage freeze citing strained finances. It later upped its offer to 4.7%, then 5%, both which were rejected. The latest offer - which unions took to their members - was 6.2%.  READ: NUM said to reject Eskom wage proposal as talks resume BER cuts SA's growth outlook as Ramaphoriafades StellenboschUniversity’s Bureau for Economic Research has downgraded SA’s growth outlookfor the remainder of the year to 1.4% from 1.9%.

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2018-07-21 / Posted in