South Africa's national online gambling bill passed
South Africa’s parliament has approved the National Online Gambling Amendment Bill according to a report from Reuters.
It has been over a year since the bill was introduced to help set up regulations for the online gambling industry in South Africa which is currently illegal in their jurisdiction whilst this legislation is being worked upon.
After a report by South Africa’s National Gambling Board found that there was a need for the industry to have a licensing and regulated framework, this bill was drafted to work upon and amend the government’s policies most notably in their 2004 National Gambling Act to include online gambling, (which actually stipulated the commencement of the legislation for regulation of interactive gambling to be addressed within two years from the date of the Act).
Attached to the National Gambling Amendment Bill was a memorandum stating "The interactive gambling industry in South Africa is currently unregulated and is generally plagued by crime, criminal elements, little or no protection of players, uncontrolled exposure of children and other persons vulnerable to gambling and a host of other negative factors."
Therefore most notably player protection, underage and other vulnerable people protection, advertising, licensing-compliance and enforcement, problem gambling and money laundering are the main topics to be addressed.
Only once President Thabo Mbeki has signed the bill will it become a law upon their shores. Though it will probably not even come into force until next year once all areas of the bill have been formulated, we can’t help but wonder how this will affect the future of online gambling based in South Africa.
Editor, Jackpot.co.uk - 2008-05-22 12:16:25