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Online gambling to be regulated and licensed in South Africa
Starting the week off in positive vein comes the news that the South African Parliament has at last approved a new Internet gambling law to strictly regulate and licence operators. The approved bill will now go to President Thabo Mbeki for signing into law.
A memorandum attached to the National Gambling Amendment Bill said the interactive gambling industry in Africa's biggest economy was currently unregulated and "generally plagued" by crime. "This situation has resulted in a considerable loss of revenue to the national fiscus and compromises the country's reputation as a responsible global citizen," a spokesman said.
Reporting on the passage of the bill, Reuters said that it addresses the negative socio-economic effects associated with gambling and deals specifically with issues of problem gambling, player protection, licensing, taxation and advertising. Other media reports suggest that the legislation allows both Internet and cellphone gambling, as well as limited advertising for e-interactive gambling as approved by the Ministry of Trade and Industry, but this has not yet been confirmed.
In terms of the law every online player must be registered with a properly licensed interactive gambling provider who has been reviewed and approved, and affidavits will be required to ensure players who register are older than 18 years.
"The purpose of this Act is to ensure that all gambling activities are conducted responsibly, fairly and honestly to protect minors and other vulnerable persons from the negative effects of gambling," a government statement said. Measures to obviate prolem or underage gambling include electronic monitoring systems.
Once signed by the President, the new law will be policed by South Africa's National Gambling Board.
The National Gambling Amendment Bill has had a long and difficult passage through legislators despite an exhaustive study of the global Internet gambling industry commissioned by the government some years ago (see previous InfoPowa reports). The Bill has been the subject of heated and frequent debate before the Trade and Industry Portfolio Committee until it was finally agreed in the National Assembly that licensing and regulation was a better course than prohibition.
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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