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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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New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

Caesar’s Triumph Slot Launches - Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.

NHL Odds: Pacific Division Foes Face Off in Edmonton - The Edmonton Oilers will attempt to defend their home ice advantage this Friday (10:30 PM ET on Sportsnet) against the San Jose Sharks. The Oilers (47-26-9) finished second in the Pacific, while the Sharks (46-29-7) finished third, but only four points behind their First Round foes.

Bingo Cataratas Offers Unique Spin on Classic bingo - Bingo Cataratas (Spanish for waterfalls) is changing the way people think about bingo according to Bovada. Just because bingo is a classic with a huge following, doesn’t mean it can’t be spiced up with a fresh new format. Bingo Cataratas has the basic structure of bingo, but also has an “extra ball” feature and a bonus mini game.

NBA Odds: Hawks-Pacers in Regular-Season Finale - Depending on the results of Game No. 81, Wednesday’s regular-season finale (8 PM ET, ESPN) between the Atlanta Hawks and Indiana Pacers could decide whether Indiana reaches the postseason. It could also give the Pacers a higher seed than Atlanta in the Eastern Conference playoffs.

Microgaming April 2017 new games - Cool Buck and Mega Money Multiplier go live on Wednesday 5 April 2017. Both are available to Microgaming and Quickfire operators on desktop and mobile and come with in-game achievements and free games.

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