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Treasury wants a 20% national tax on online gambling, which would push gambling taxes past 41% and, it claims, raise R10bn a year. Will South Africans gamble less, or will they move to offshore crypto casinos the state can’t touch?
Economist Dawie Roodt of Efficient Group and gambling lawyer Garron Whitesman put the proposal on trial. They cover what happened when the UK and the Netherlands hiked gambling taxes, which jobs and industries sit in the firing line, and the National Responsible Gambling Foundation helpline numbers that complicate the “gambling crisis” story. They also set out what a sensible tax would actually look like before the February Budget announcement.
There’s no lobbying and no moralising here, only the numbers and the trade-offs.
00:00 Tax them more, they still gamble
00:44 Dawie Roodt: there is no such thing as a good tax
06:45 Already taxed: what every bookmaker pays today
09:17 Treasury’s 20% grab and the R10bn promise
12:01 R84.5bn in revenue, and why the R1.76 trillion headline misleads
15:05 Constitutional overreach and a 41% tax burden
19:35 The UK and Dutch lesson: punters go offshore
22:09 Who else gets hurt: sport, broadcasters, affiliates
25:42 1,400 redundancies and the Brazil warning
30:15 Why offshore casinos win on price
31:26 Money walks out of the country
34:28 Is there any proof tax cuts gambling? The answer
35:22 The helpline numbers nobody is talking about
42:07 The fix: single digits, not 20%
45:36 Dawie’s verdict: the real problem isn’t gambling
#GamblingTax #SouthAfrica #DawieRoodt #NationalTreasury #OnlineGambling #SportsBetting #CryptoCasinos #ProblemGambling #TaxPolicy #SAEconomy #SinTax #FreeMarket
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