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NEW GAMBLING REGULATIONS FOR BOTSWANA
Monday February 22,2016 : NEW GAMBLING REGULATIONS FOR BOTSWANA
Reformed regulatory regime kicks in on April 1st, covering both land and online betting.
Whilst it may be All Fool's Day for some, April 1st this year will start on a very serious note as a revamped gambling regulatory regime in Botswana kicks in.
New regulations approved in terms of the Gambling Act 2012 signed off by the Minister of Trade and Industry in January will be implemented at the nation's ten land casinos through a new regulatory body titled Gambling Authority, headed by CEO Thuli Johnson.
The regulations tighten control measures for the sector and cover all land-based and virtual (online and mobile) betting in Botswana, ranging from casinos, bookmakers, bingo and lotteries to racing.
“All kinds of betting will now need to be licensed," Johnson said at a briefing late last week. "We will be flighting adverts soon for Request for Proposals for interested companies to apply for licences.
“We will take over regulation of the existing casinos in April, and anyone wishing to be involved in any other kind of betting, including sms and online, will need to be registered and licensed with the Authority first.”
Under the new regulations, betting premises, gambling machines and key personnel will all be scrutinised and licensed, and stringent anti-money laundering and security monitoring measures will be required.
“All the new requirements are meant to curb illegal gambling and protect the licensed operators who do not only pay tax but also have jobs to protect,” said Johnson.
While regulations governing the operations of land casinos are extensive, Johnson admitted that more work still needs to be done on a strong and appropriate regulatory framework for virtual betting - including online and sms-based competitions and sports betting.
The online gambling industry was not regulated by the previous Casino Board but locals could still gamble at various online casinos, international online sportsbooks, bingo and poker sites that accepted them.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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