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Bookmakers concerned over proposed betting tax

Bookmakers concerned over proposed betting tax

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In response to the concern over the surge in online betting, National Treasury has proposed a 20% betting tax on operators, but bookmakers fear that this could result in their sector being unfairly burdened with an effective 39% tax, which would be crippling for them. Lester Kiewit speaks to Sean Coleman, CEO of the South African Bookmakers’ Association.

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