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South African recommend online gambling regulation

03/10/2012 :  SOUTH AFRICAN PARLIAMENTARIANS RECOMMEND ONLINE GAMBLING REGULATION
 
If internet gambling is a fact of life, it's time to benefit in terms of jobs and tax revenues
 
South African members of parliament serving on the National Assembly’s Trade and Industry Oversight Committee during the recent hearings on internet gambling have recommended that the pastime should be legalised, the Independent newspaper reported Friday.
 
The committee has recommended that the Department of Trade and Industry should draft appropriate legislation because, it says, online gambling is a fact of life, but the economic benefits – tax revenues and local jobs – are not accruing to government in an industry estimated to be worth R320 million back in 2009.
 
During its deliberations, the committee heard from a wide range of experts and considered the research report of the Gambling Review Commission
 
Democratic Alliance MP Geordin Hill-Lewis, who was part of the team that drafted the report, said SA could not continue to refuse to legalise online gambling. He said online gambling was happening and the only consequence was that “SA derives no economic benefit from it”.
 
The committee recommended that forms of internet gambling which should be legalised include slot machines and table games, bingo, sports betting and betting against the totalisator.
 
The report of the Gambling Review Commission  has recommended that a maximum number for online gambling licences should be set.

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Gambling News :

Tain Fast Bet - Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.

Olympic Entertainment Group Mobile Gaming - In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.

Circus Evolution HD Slot - Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.

Kindred Group Gets EU Recommendation on Consumer Protection - Kindred Group (formerly Unibet) has become the first operator to successfully meet the requirements of the EU Recommendation on Consumer Protection and Responsible Gambling following an external audit.

17 Crown people still detained - Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on

SB1400 Virginia Poker Skill Game Bill - Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.

Pennsylvania Video Gaming Association - With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.

Stiffer Problem Gambling Penalties in UK - The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.

Malaysian police Destroy over 5000 Gambling Computers - Malaysian police in Kajang have destroyed 5,042 computer sets seized in online gambling raids over the past two years, explaining that the action is designed to take the machines out of circulation.

Spartan Poker vs SpartanPoker name War - Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.

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