SOUTH AFRICAN ONLINE GAMBLING ACT APPROVED
14 September 2007
National Gambling Amendment Bill approved by
Parliament
After years of research and weeks of intensive special
hearings (see previous InfoPowa reports) the regulation
of online gambling in South Africa moved forward this
week, achieving parliamentary approval.
The National Gambling Amendment Bill introduced by the
Department of Trade and Industry (DTI), legalises
Internet gambling by creating legislation for the
licensing of interactive gambling operators.
In terms of the proposed legislation, software vendors
providing online gambling platforms will be required to
obtain a national licence for key staff, as well as the
interactive software itself, related equipment and the
suppliers and maintenance providers of that equipment.
Probity and technical checks will be a prominent feature
of the process, thoroughly investigating each applicant
for licensing.
The goal of the bill is to protect players, ensure
gambling revenue reaches the fiscus, retain interactive
gambling players in SA, and prevent underage or problem
gambling.
The next step in enacting the Bill will be for it to be
accepted by the National Council of Provinces, which may
have to hold another round of public hearings before
this can be achieved. Once the Bill is universally
accepted, it will be referred to South African president
Thabo Mbeki for promulgation, after which it will be
gazetted in to law.
The taxation issue, which existing land operators are
concerned should ensure a level playing field, is yet to
be finalised.
Online Casino News courtesy of
InfoPowa
More news here.
Top of page |
Home |
News |
Forum |
Webcast |
Vortran |
Accredited Casinos |
Evil Ones |
Pitch a Bitch |
Online Gambling Resources |
Poker
|