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SOUTH AFRICAN PUBLIC HEARINGS ON DRAFT NATIONAL GAMBLING ACT
1/19/2012 : SOUTH AFRICAN PUBLIC HEARINGS ON DRAFT NATIONAL GAMBLING ACT (Update)
Parliamentary Committee advised of need for cyber-policing unit
The South African Government's Trade and Industry Portfolio Committee has been urged to develop a national cyber-policing strategy to guard against internet fraud.
The Committee heard from University of Johannesburg Professor Basie von Solms at public hearings held this week on draft amendments to the National Gambling Act.
Solms is pushing for the strategy to protect the country's internet-using citizens from internet fraud such as the Rands 42 million robbery of the South African Postbank that took place over the Christmas period.
Rather than prohibiting access to internet gambling websites, Solms is urging strict legalisation of online gambling which would secure the confidentiality and security of individual players information as well as identify under-aged players, reports The Business Day.
Online gambling ( From South Africa, Get a free R8888 Free ) in South Africa could potentially generate revenues of around Rands 6 billion if correctly regulated, Tom Tuxworth, public affairs manager at Betfair was quoted as saying.
"Online-specific regulation is required to protect customers and to enable effective taxation. Onerous regulation, limited product offerings and high taxes force customers to the offshore and unregulated markets, while realistic regulation limits losses to offshore operators and protects players," added Tuxworth.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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