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South Africa Gambling Board Revamped
Monday July 2, 2012 : SOUTH AFRICAN NATIONAL GAMBLING BOARD GETS A REVAMP
Coordination of nine provincial regulatory bodies essential, says chairwoman
Ensuring that nine provincial regulatory authorities hew to the same general legislative guidelines must be akin to herding cats, but that is what the South African National Gambling Board has set out to do with a revamped corporate identity and ambitious plans.
Launching the new logo this week, chairwoman Linda De Vries said the board wants to be seen as transparent, balanced and dynamic. She said the national board is tasked by government with oversight of matters relating to casinos, gambling, betting and wagering, and promotes uniform norms and standards in relation to gambling throughout South Africa.
De Vries acknowledged the coordination problems associated with having nine provincial regulatory boards, saying: “The NGB has noted that as a result of the lack of uniform norms and standards, the gambling sector in South Africa has found itself confronted by various challenges emanating from divergent regulatory approaches by the provincial licensing authorities.”
To combat this, she said, the national board had embarked on an initiative to draft comprehensive national norms and standards "...intended as a minimum code of general best practices and guidelines for the gambling industry and for the country," which should to be consulted and legislated accordingly.
In addition, the NGB will conduct a review of existing legislation in consultation with the nine provincial regulators, she said.
Gambling continues to be a popular pastime in South Africa, according to Board statistics, which reveal that between 2010 and 2011, the total gross gambling revenue from betting grew by 20 percent year on year, from R1.604 billion to R1.924 billion through the activities of some 400 totalisator outlets, telebet centres and almost 300 bookmakers.
In the same period, the legal bookmakers increased their market share to 37 percent from 33 percent in 2010, attributable to substantial growth in sports betting, which doubled its contribution to gross gambling revenue in recent years.
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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