Tag: GamblingRegulation
Illegal online gambling – could your winnings be forfeited?
South Africans placing bets online may be gambling on illegal offshore websites without even realising it. As these operators increasingly target the local market, we are using the Responsible Gambling Month this November to highlight a simple precaution. Before depositing money, consumers should scroll to the bottom of the website's homepage and check the operator's licence details.
Revenue-driven gambling tax a blatant assault on freedom
National Treasury's draft proposal for a 20% national tax on the gross gambling revenue of all forms of online gambling, including online sports betting, which is legal, must be called what it is: a revenue grab. This proposal violates constitutionalism, undermines democratic practice and punishes enterprise. All of this is dressed up as a measure to reduce social harm. It is, in effect, a revenue-driven gambling tax.























