|The Casino Association of South Africa (CASA) has called on the legislature’s Economic Affairs Committee to take the National Gambling Amendment Bill back to the drawing board because it requires more research on the nature of taxes that could be charged to institutions operating online gambling.|
The aims of the Bill are to eliminate illegal online gambling, protect players, curb underage gambling and provide effective and transparent gambling. But, in a written submission, CASA stated that there were issues in the Bill that required debate with the provinces able to make considerable contribution in dealing with these.
CASA stated that it would have preferred that online gambling be dealt with in a form of separate legislation rather than amending the existing act, as there are many deficiencies in the Bill because it does not state how much tax interactive gambling operators would pay.
“To ensure consistency and fairness, ‘pure’ interactive operators must pay a rate of tax no less than those paid by land-based casinos and other sectors of SA’s gambling industry,” said Derek Auret, Chief Executive for CASA.
He said that higher or lower tax rates might result in a loss to the fiscus.
“In addition, the return to the fiscus will be determined by the size of the market for this particular form of gambling,” said Auret.