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SOUTH AFRICAN GOVT WARNS ON ILLEGAL GAMBLING
Thursday June 30, 2011 : Online gamblers and offshore gambling operators reminded on country's gambling laws
The South African Government's Trade and Industry Minister Rob Davies has cautioned both offshore gambling operators and resident online gamblers in a press conference held this week on the outcomes of the Gambling Review Commission.
Davies warned that despite offshore operators establishing businesses in the country, his department would not be pressured into accepting forms of gambling which are illegal in South Africa.
Baby Twaya, chief executive, National Gambling Board warned that those caught online gambling could face 10 years in jail or be fined up to Rand 10 million.
The Commission, set up three years ago by the Trade and Industry Department, said its findings show that since 1996 gambling has grown into a "small but maturing sector", and gross gambling revenues, presently at R15.9 billion, had doubled between 2001 and 2009.
Gambling appears to have been good to the South African economy with the findings revealing that the gambling sector had created 56 958 direct jobs and in 2009 alone had generated Rand 1.5 billion in tax revenues for provincial Governments.
Interestingly most of the gambling industry's clientele is local rather than tourist-based.
A framework for gambling is recommended by the commission taking into account recent developments including online.
The National Assembly and National Council of Provinces will assess the report and make its recommendations but Davies reiterates that the gambling industry will remain unchanged with its existing 40 casino licences.
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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