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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 vegas palmsassociated 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 :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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