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South Africa Studying Antigua gambling regulatory framework
It's a tough job but someone has to do it....members of South Africa's National Gambling Board are hard at work in Antigua this month, studying the experienced Caribbean islanders' online gambling regulatory framework as part of an initiative to learn and build relationships.
For the past several years, the South African government has extensively researched the regulation of online gambling prior to preparing its own legislation, which recently passed into law. The practical problems of administering a regulatory and licence system for Internet gambling must now be considered prior to issuing the first licenses.
Reporting on the visit, the Antigua Sun revealed that the South African mission is spending a week visiting the Division of Gaming within the Financial Services Regulatory Commission (FSRC) of Antigua. It is the first visit of this nature by the South African National Gaming Board to Antigua and Barbuda as part of an initiative to aimed at strengthening ties with gaming regulators worldwide.
In July 2008, South Africa enacted remote gambling legislation and is now in the process of developing practical and supporting licensing regulations.
The newspaper reports that Antigua and Barbuda is one of three jurisdictions selected by the NGB to assist in the development of South Africa's licensing and regulatory system.
NGB deputy chairman and acting CEO, Mmathebe Thebi Moja said the NGB as a member of the International Association of Gaming Regulators recognises the FSRC, Division of Gaming of Antigua and Barbuda as a leader in remote gaming regulation.
"The NGB has chosen to understudy their detailed policy and regulatory framework before implementation of our legislation that seeks to legalise and regulate online gambling," Moja stated.
FSRC chairperson Althea Crick said she was pleased that the FSRC had been recognised in this way. "I am particularly heartened by the selection of the [Antiguan] jurisdiction by the NGB as it underscores the confidence placed by the international community on our regulatory and supervisory machinery," Crick said.
While visiting Antigua and Barbuda, the delegation will attend a series of presentations covering a broad range of regulatory, licensing and supervisory policies that include meetings with the Minister of Finance Harold Lovell, the FSRC Board of Directors, key government agencies and gaming operators.
Antigua's Director of Gaming, Kaye McDonald, said she views the initiative as an opportunity to advance the profile of Antigua and Barbuda internationally as a highly regarded and well regulated remote gaming jurisdiction.
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.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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