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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.
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Fans at the United Center will be treated to a potential Western Conference playoff preview this Saturday when the upstart Edmonton Oilers visit the Chicago Blackhawks. The puck drops at 7 PM ET on WGN.
2017 Partypoker.net WPT Playground main event Results -
Although she entered the heads up against Jean-Francois Bouchard with a chip deficit, Zajmovic was able to get herself back in the game with some skillful and disciplined playing, eventually overtaking the leader and finally leveraging her chip advantage into a decisive win.
IGT In Deal With Norsk Tipping -
International Game Technology has announced a new contract signing which will see it providing interactive casino and Instant Win game libraries and custom games through a remote game server to Norwegian gambling group Norsk Tipping.
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