December 13 - After years of speculation that South Africa will regulate
online gambling, it appears imminent that an amendment bill will be passed into
law, which will make it legal for licensed operators to offer their service in
the country...
|
Advertisement |
|
|
The South African government have frustrated the South African gambling
industry for years and provincial governments have lost our on potential tax
revenues.
The South African Trade and industry deputy director-general, Astrid Ludin, told the
local Business Day newspaper
that the bill proposes a system that would regulate players and online gambling
sites, but that taxation still needs to be defined, as is the casino in the UK.
Online gambling in South Africa has been illegal as per the the National Gambling
Act of 2004. At the time, the government felt that "more research was needed
into the regulatory frameworks of markets in the UK, the US and Australia"
The Trade and Industry Minister had two years to draft new regulations to
regulate online gambling.
The actual legislation will be interesting but one feels that South Africa
has all but missed the boat when it comes the licensing offshore gambling sites.
If you are based in the USA, please visit our
USA online casino guide,
or take a look at our
UK online casinos.
Related Gambling Articles:
- NFL Saturday Night Football Betting Preview - 12-16-06
- Bumper Online Casino Games Release For Holidays - 12-15-06
- NFL Thursday Night Football Betting Preview - 12-14-06
- Online Casino Giving Away Five Video Ipods - 12-14-06
- Online Gambling To Be Regulated In Spain And Italy - 12-12-06
- Monday Night Football Bears Rams Betting Guide - 12-11-06
- Online Casino Invites All For An Hour On The House - 12-11-06
- Saints Cowboys Sunday Night Football Preview - 12-10-06
|
Del.icio.us
Digg
Google
Spurl
Furl
Simpy
Y! MyWeb
OnlyWire
Redit
StumbleUpon
Technocrati