SURVEY | How much do YOU spend gambling online? – Bundlezy

SURVEY | How much do YOU spend gambling online?

The National Treasury has described online gambling as an epidemic of gambling addiction in South Africa.

While the risks associated with gambling addiction are well documented, Treasury has noted that the rapid growth of online gambling has significantly worsened the problem.

Unlike traditional gambling, online platforms are accessible anywhere and at any time, making addiction harder to control.

All gambling modes have grown

According to the National Gambling Board, a total of R1.5 trillion was wagered in South Africa’s gambling industry during the 2024/25 financial year, representing 31.3% year-on-year growth.

Betting activities accounted for approximately 75% of total turnover, generating R1.126 trillion, while casinos contributed 19.5% of the total.

Over the past five years, all gambling modes recorded growth.

However, betting showed the most dramatic increase, with gross gambling revenue – turnover minus winnings – rising by 390% to R51.97 billion in 2024/25.

20% tax mooted

In response to the surge in online betting and its social consequences, Treasury has proposed a 20% tax on gross gambling revenue from online betting, including interactive gambling.

The proposed national tax would be in addition to existing provincial taxes, resulting in a combined effective tax rate of between 26% and 29%.

So … how much do you contribute towards that R1.126 trillion in total turnover?

About admin