💨 Abstract

The South African government plans to introduce a "sin-tax" on gambling winnings in 2025, citing concerns over problem gambling, particularly among lower-income individuals. The move comes as the gambling industry in South Africa has seen significant growth, with a 40% increase in money wagered and a 26% increase in total gambling revenue in 2024.

Courtesy: www.thesouthafrican.com

Summarized by Einstein Beta 🤖