This comes after DStv withdrew from its sponsorship deal a year before its conclusion.

DStv replaced 13-year sponsor ABSA when the cable television company, also the PSL’s official broadcaster, signed a five-year deal in September 2020.

Revenue loss, caused mainly by a sharp decline in subscriptions, forced DStv to abandon its Premiership sponsorship.

Betway says this is the single biggest investment in South African Sport worth about R900 million ($49 132 million) over three years.

--SABC--