No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
The South African government could be earning millions from online gambling legalisation
Posted 2/1/11 : The South African government could be earning millions from online gambling legalisation
The ongoing procrastination by the South African government over the legalisation of online gambling (the issue has been dragging on for years - again came under the spotlight on ITWeb's blog this week.
Pointing out that the government was losing out on millions in tax and licence revenues, and on the possibility of generating income and employment from support services, the blog claimed that it could take at least two years before the African nation has a properly licensed online gambling industry.
Despite years of research, debate, drafting and fact-finding missions, there is still no clarity as to when a policy-level decision may be taken, or even if the sector will be legalised.
Following a controversial North Gauteng High Court ruling last August (see previous InfoPowa report on the ruling, which effectively upset the location of servers and where gambling actually takes place argument) online gambling is currently illegal in the country, although the case is on appeal by operator Casino Enterprises in Swaziland.
ITWeb claims that National Gambling Board numbers show that the local gambling market in total was worth Rands 215.8 billion in wagers in the year to March 2010, from which government earned Rand 1.6 billion in taxes from the official sector.
Extrapolating that in line with international estimates that online gambling amounts to some 7 percent of all gambling globally, the blog figures that legal online gambling in SA could generate Rands 110 million in taxes for government, from wagering of around Rands 15 billion a year.
The blog points out that the National Gambling Act of 2004 does not provide for online gambling. However, a government-level decision could see the realisation of plans to legalise interactive gambling, with 10 licences initially envisaged. Unfortunately, there is little indication that such a decision will emerge soon.
Legislative amendments in 2009 came to naught when the Parliamentary Portfolio Committee on Trade and Industry decided that the gambling sector in SA should be reviewed, reports ITWeb.
Consequently, a Gambling Review Commission was established to look at South African gambling in its totality. The Commission has completed its work and submitted a report to the Minister for Trade and Industry, who will apparently now consult with provincial ministers prior to releasing the contents.
Government spokesmen have not been able to say when this might take place, giving clarity to a controversial issue.
Meanwhile legal experts have volunteered the depressing news that it could be another two years before there is a licensing regime in place...if at all. Some hope that the minister will release the Commission's report this March, which could then inform the future debate.
However, the bureaucratic process of regulatory drafting, redrafting and argument could be prolonged, and would have to take place before the acceptance of licensing applications and the evaluation of individual operators could receive attention.
Meanwhile, the online gambling company contesting the High Court ruling, Casino Enterprises, holds that until the appeal is heard it's business as usual. One of the company executives, Lew Koor told ITWeb: “Until the appeal has been heard and the outcome determined, our business will continue as usual, as agreed with the gambling boards.”
The owners of another locally-based internet gambling company differ, and have announced that operations are suspended pending the outcome of the Casino Enterprises appeal.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
NBA Odds: Wizards-Celtics at the Garden -
The Washington Wizards are making this a series. They’ve won back-to-back games against the Boston Celtics to knot this second-round matchup at 2-2 with Game 5 at the Garden on Wednesday. TNT has the coverage starting at 8 PM ET.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.