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South Africa Trying To Legalize Online Gambling Again
Wednesday January 14,2015 : ANOTHER ATTEMPT AT LEGALISATION IN SOUTH AFRICA?
But there appears to be little political appetite for Opposition member's latest proposal.
Rivalling Mississippi's Bobby Moak in the perseverance stakes, South African MP and shadow minister for trade and industry Geordin Hill-Lewis is reportedly gearing up for his second or third attempt to persuade parliament that legalised online gambling would be a good thing.
The Democratic Alliance MP could face an uphill battle; earlier this week the Casino Association of South Africa complained that illegal online gambling was cannibalising land jobs and revenues (a contention contradicted by international experience), and the political establishment appears to have little appetite for the genre despite over a decade of back-and-forth debate and fact finding jollies.
As things stand at present, the government appears to be content to maintain the status quo, regarding all online gambling other than sports betting as illegal and undesirable.
Nevertheless, Hill-Lewis appears confident that he has drafted a regulation and licensing proposal that has a chance of success. This envisages oversight and authority apportioned to the National Gambling Board (recently the scene of alleged corruption and administrative chaos that saw the board suspended) in consultation with the gambling authorities in each of the nation's nine provinces.
The new bill is set for introduction next (February) month when parliament re-opens, and Hill-Lewis is hoping that it will not again become mired in politics and partisan debate in the generally hostile Portfolio Committee on Trade and Industry.
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ITF TERMINATES BETWAY SPONSORSHIP DEAL -
The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.
GSA To Launch European division -
The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.
Paddy Power Trading Update -
Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.
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The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.
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