Important Information About Online Gambling in South Africa
South Africa: it’s a country where online gambling is incredibly popular, despite the fact that it is technically illegal for citizens to participate in. If you’ve got any questions about the legality of online gambling in South Africa, or questions on many other topics, you could well find the answers on this page. So, keep on reading to find out more…!
Is Online Gambling Legal in South Africa?
The National Gambling Act 2004 prohibits South African players from playing at any online gambling sites, aside from some sports betting sites, and it also prohibits companies offering interactive gambling services from operating within the country. There was some confusion about whether people could play at offshore gambling sites, however this ban was confirmed by the North Gauteng High Court in 2010.
A law called the National Gambling Amendment Act of 2008 was supposed to pave the way for legalization, however it hasn’t come into force yet, thanks to opposition from land-based casinos, of which there are many in South Africa. Despite the ban, individuals are not prosecuted though, meaning that many people play at online casinos every day.
Are Online Gambling Winnings Taxable?
Because there are laws stating that South Africans are not supposed to be engaging in most types of online gambling, there are no laws relating to taxation of winnings – meaning that those who do win don’t have to pay any taxes at all. Recreational gamblers winning money at land-based casinos and at online sportsbooks also don’t have to pay any taxes, as the casinos/sites themselves are taxed instead.
How South African Players Make Deposits at Online Casinos
Due to the online gambling laws in South Africa, it is often tough for players to make deposits using conventional means. This is because many banks are unwilling to transfer funds from a bank account to an online gambling site. While there are some people who manage to circumvent the system, most South Africans end up depositing using an online payment method, such as Neteller and Skrill, which generally have no problem with funding an online casino account.
Despite the ban, many online casinos offer deposits in ZAR, which is fantastic for South African players, as they don’t have to pay any currency conversion fees. There are even some casinos – based outside of South Africa – that directly target South African players, and use ZAR as their main currency.
The Best Software for South African Players
Casinos accepting South African players – of which there are many – feature a wide range of different games from many software providers, ranging from slots through to table games. There really is no “best software” for South African players though, as they all cater for players with different tastes. Some of the most popular software companies though include Microgaming, Playtech and NetEnt, and their games are found at the majority of casinos accepting South African players.
Resources for South African Gambling Fans
Find the hottest online casinos for playing using Rand currency here at some of these featurd online gambling websites for South African players.