Net Worth & Wealth · Grant Holloway · 16 July 2026

DA received R43m from Betway-linked gambling billionaire

DA received R43m from Betway-linked gambling billionaire

South Africa’s Democratic Alliance accepted R43 million over five years from online gambling billionaire Martin Moshal, a key financial backer behind Betway, according to Electoral Commission disclosures. The donations have drawn fresh scrutiny as the party pushed to legalise online gambling amid a heated regulatory debate.

Key Takeaways

How much did the DA receive from the Betway-linked tycoon?

According to disclosures published by the Electoral Commission (IEC) under the Political Funding Act, Moshal made four donations to South Africa’s Democratic Alliance totaling R43 million.

Those payments included two R15 million contributions in 2021 and 2022, plus further gifts of R8 million and R5 million. At the time, R15 million was the maximum amount a single individual could legally donate to a political party in one year.

The scale of the giving makes Moshal one of the party’s most consequential private backers and a recurring figure in coverage of net worth and wealth in South African politics.

Why does the Betway connection matter now?

Moshal is widely regarded as one of the key financial beneficiaries behind Betway’s international business, including its South African operations. That link has intensified public interest because the donations overlapped with the DA’s push to reform online gambling rules.

In September 2022, DA MP Dean Macpherson introduced legislation aimed at ending South Africa’s long-standing prohibition on online gambling. The proposal argued the ban was ineffective, encouraged illegal activity, and deprived the country of tax revenue and employment opportunities. It also suggested provincial regulators, rather than the National Gambling Board, should oversee online gambling licences.

As reported by iGamingToday, the timing has become a point of scrutiny as South Africa’s broader online gambling debate intensifies.

Is there evidence of regulatory wrongdoing?

Betway South Africa operates through Raging River Trading, a company licensed by the Western Cape Gambling and Racing Board. The Western Cape remains the only province governed by the DA, adding another political dimension to the debate.

Available information does not suggest any regulatory wrongdoing. Even so, the mix of large declared donations, Betway commercial ties, and reform legislation keeps the story central for readers tracking money and influence in party politics.

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