Free Market Foundation slams treasury’s proposed gambling tax

Free Market Foundation slams treasury’s proposed gambling tax

The Free Market Foundation (FMF) is demanding that a national 20% tax for online gambling proposed by the national treasury be withdrawn and reconsidered within South Africa’s existing decentralised regulatory regime. It said the proposed tax will undermine provincial authority and overburden legal gambling operators, and risks driving consumers further towards unregulated offshore platforms, which…

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South Africans spend grocery money on online gambling

South Africans spend grocery money on online gambling

National Gambling Board data shows about R1.5 trillion was wagered in SA’s gambling industry in 2024–2025. South Africans are diverting money they are supposed to spend on groceries to try their luck on online gambling. This is one of the biggest findings from a study conducted by Durban-based market research firm Trade Intelligence. The online…

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Gambling scandal roils the NBA

Gambling scandal roils the NBA

The arrests of two well-known NBA figures Thursday in a nationwide federal investigation into internal gambling and high-tech scam poker — especially a sitting head coach and former Finals Most Valuable Player — have roiled the league, from players to front offices to agents, sources told NBC News. The arrests, particularly that of Hall of…

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Gamblers in South Africa are spending billions as online gambling explodes

Gamblers in South Africa are spending billions as online gambling explodes

The South African gambling landscape is undergoing a revolutionary and concerning transformation as bettors rapidly shift from traditional land-based casinos to accessible online platforms. According to the National Gambling Board (NGB), this digital migration is now the dominant force in the industry, presenting major challenges related to addiction, legality, and regulation. The core of this…

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