WATCH | African nations raise gambling taxes amid rising addiction

Timeslive
Several African nations are increasing taxes on gambling to combat rising addiction rates and boost government revenue.

Summary

Across Africa, governments are increasing taxes on gambling as online betting booms, aiming to address growing addiction risks and replenish state funds. South Africa, the largest market, is facing pushback from the gambling industry. The National Gambling Board estimates that two-thirds of South African adults gamble online, a significant increase from 2017. The proposed 20% national tax on online gambling profits is projected to more than double government revenue from the sector. However, betting firms argue this tax will drive gamblers to unregulated, underground sites. Distress calls to gambling addiction helplines have surged, with the South African Responsible Gambling Foundation reporting a significant increase in treated cases. Similar tax hikes have been introduced in Malawi, Zimbabwe, and Senegal, where individuals are struggling with gambling-related financial and personal issues. The South African Bookmakers’ Association suggests focusing on illegal gambling sites instead, arguing the proposed tax will make legal options less attractive and push players underground.

(Source:Timeslive)

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