The Number of the Day is 20 percent. That is the new tax the South African government is considering for online gambling platforms. The proposal comes at a time when gambling has become easier, faster, and far more damaging for many South Africans. According to recent research, more than half of working adults gamble. The lowest-income earners spend around R2,000 a month on betting, and young gamblers are losing nearly half of their income to online platforms.
Anchors Francis Herd and Melissa Tighy break down why the Treasury is pushing for the levy. Government says revenue is not the primary goal. The main concern is the rapid rise in addiction, debt, and financial stress, especially among lower-income households. Estimates show that about R1.5 trillion moved through online gambling platforms in the past financial year. Treasury believes that a 20 percent tax could slow down risky behaviour.
But the tax will likely fall on consumers. Bets could become more expensive, payouts could shrink, and many may lose even more money. The hosts examine the risks, the ease of online access, and what this proposal could mean for South African households.
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