#NGB

Tax from the gambling industry has returned to pre-pandemic levels, the National Gambling Board (NGB) told Parliament on Tuesday. Some R3.2 billion in tax revenue was from the sector in the 2021/22 financial year - the same amount as in 2019/20, before the Covid-19 lockdowns hit. In 2020/21, tax revenue fell to R2 billion. NGB chief strategic…

We've put together a list of the best online gambling sites in South Africa that have been personally audited and reviewed to offer you a safe gambling experience. You can either go straight to the websites or take a moment to read our full impartial reviews with bonus breakdowns and comparison of features which includes banking options, games,…

South Africa is one of the biggest economies in Africa. The country has a robust betting market that in 2020 amounted to R32.7 billion. According to the National Gambling Board of South Africa, the government was able to raise taxes and levies amounting to R3.2 billion. Additionally, statistics show that one in every 10 South Africans participates…

Prime News, National, Finance, Taxes, Chandigarh, June 30:- The GST Council on Wednesday (June 29) deferred a decision on levying a 28 percent tax on casinos, online gaming, horse racing and lottery pending more consultations with stakeholders, Union Finance Minister Nirmala Sitharaman said. A group of ministers headed by Meghalaya Chief Minister…