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)

The Gazette

Cedar Crossing Casino plans job fair ahead of November debut

Wcvb

Encore Boston Harbor casino workers walk off job after contract expires

Bitcoin News

Hungary Moves to Abolish Regulator Behind Controversial 35-Year Casino Deal

Wlox News

Biloxi Planning Commission approves Black Marlin Casino plans

Awful Announcing

Defector set to launch new NFL podcast featuring Drew Magary, Arif Hasan, and no gambling

Business Insider

$3.3 billion merger pulls Morocco’s biggest casino operator into global betting giant

Newsbreak

Lottomatica acquires Spain's CIRSA in $3.3 billion gambling deal - NewsBreak

MassLive

Mass. casino player wins jackpot prize with $1 bet

ABC17News.com

Accused Boonville casino robbers indicted by federal grand jury

Yardbarker

Brendan Sorsby makes big admission about gambling scandal after 2027 draft decision

Chicago Tribune

Aurora City Council eyes plan for hotel near Hollywood Casino site

The Hollywood Reporter

The Fix Is Not In: Can Sports Gambling’s Trust Crisis Be Solved?

Latest News In Cyprus

MPs push for tighter bank checks on welfare recipients' gambling

The Bulletin

Council of State suspends new Brussels casino licence

Koreajoongangdaily Joins News

Investment steers toward hotel industry | Gambling in the military

Las-vegas Review Journal

Strip casino debuts revamped high-limit slots lounge

Https://www.kcrg.com

Cedar Crossing Casino hosting hiring event

Cincinnati Cincinnati Enquirer

NCAA clears University of Cincinnati in Brendan Sorsby inquiry

Mail Online

Gambling taxes kick Ladbrokes owner Entain out of the Footsie with Easyjet taking its place

Cbnc

Young Gambling Addict Blew Through $100k On Sports Gambling — But It Didn’t End There

Las-vegas Review Journal

Off-Strip casino celebrates opening of new nonsmoking gaming area

World Casino News

Maverick Gaming to Shut Two Tukwila Casinos in November

MassLive

Mass. casino player wins jackpot prize with $1.60 bet

Confidentenamibia

Deposit Options at Midnight Wins Casino

Dhakatimes24

The Clutches of Online Gambling and Drugs

Masslive

Mass. casino player wins jackpot prize with $20 bet

Ksnv

Lotus of Siam, Naxos leaving Red Rock Casino in restaurant shakeup

Kvrr Local News

White Earth tribal members invited to information meeting on next steps in Moorhead casino project

Mews

The Surge of Bitcoin Gambling Enterprises: A Guide to Gambling with Cryptocurrency

Asbury Park Press

Toddler and her aunt fall from Casino Pier Sky Ride; no injuries

Welcome to Our Site
Are you over 21 years of age?
Please verify your age to enter our site.