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SOUTH AFRICAN GAMBLING SCANDAL DEEPENS

Tuesday November 4,2014 :  SOUTH AFRICAN GAMBLING SCANDAL DEEPENS
 
MPs find suspicious shredded documents at National Gambling Board.
 
Almost two months ago the South African Minister of Trade and Industry suspended the entire board of the National Gambling Board, replacing them with two temporary administrators in a non-transparent process that triggered extensive media speculation
 
Several weeks later the government revealed under some pressure that a forensic investigation into the affairs of the national regulator had been launched amid suspicions of high-value maladministration, intimidation and corruption at top management level.
 
Over the weekend the Sunday Times business pages added fuel to the fire by reporting that two members of parliament who had visited the over-priced offices of the Board found five boxes of suspiciously shredded documents.
 
MPs Dean McPherson and Giordin Hill-Lewis reported that the high-rent premises were far too large for the Board's needs and had been rented at a cost-per-metre more than double the standard for the betting industry.
 
They also found the boxes of shredded documents, and reported that it was clear that the remains were the minutes of 40 "special meetings" relating to parliamentary discussions and disclosures. 
 
The government has not commented specifically on the shredded documents, but has confirmed that the forensic investigation in still ongoing.
 
The National Gambling Board has a budget of Rands 30-million, but reported a net loss of more than R4-million last year. Two-thirds of the budget is spent on a small staff complement. Liabilities exceeded assets by more than R8-million, and the auditor-general recently expressed reservations about its ability to continue as a going concern.



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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