CASINO SOUTH AFRICA South African opposition proposes online gambling legislation 2 weeks ago Iwo Bulski Post Views: 76 The opposition Democratic Alliance has announced that it will propose legislation to regulate online gambling in South Africa. It follows a long period after initial attempts to regulate the sector over a decade ago. South African law currently allows online gambling through licences issued by provincial authorities, but the situation is ambiguous because there is no legislative framework because the 2008 National Amendment Act never came into effect. The Democratic Alliance’s new bill now aims to introduce many of the aims of the 2008 act. The party said its bill would regulate licensing, which would continue to be carried out by provincial authorities. It would provide for procedures for objections to licence decisions and would also regulate gambling advertising, possibly introducing restrictions. The bill would also seek to protect minors and vulnerable people and ensure compliance with the Financial Intelligence Centre Act (FICA). The party said in a statement: ‘Online gambling is currently not regulated in South Africa. By not regulating this gambling activity, the erosion of the rule of law and criminal activity is being encouraged, while the public is not effectively protected.” Stakeholders will be able to submit views on the bill to the speaker of the National Assembly. Earlier this week, the auditor general’s report on South Africa’s National Lotteries Commission for the 2020/21 financial year flagged up more than R23m in irregular expenditure, leading to a qualified audit opinion about the accuracy of financial statements. Metropolitan Gaming sells South African casino Metropolitan Gaming has reached an agreement to sell its South African casino to a consortium controlled by Tsogo Sun. The operator bought the Emerald Resort and Casino in Vanderbijlpark from Caesars Entertainment in August 2021 along with ten venues in the UK and Egypt. The company said it was focusing on investing and developing in its core markets of the UK and Egypt. After buying 11 casinos from Caesars in 2021, the company added London’s Park Lane Club, now the Metropolitan Park Lane, to its portfolio this June. The company said it intends to continue to expand through acquisitions and investment. Source: focusgn.com About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: gambling law, Metropolitan Gaming, South Africa Continue Reading Previous SOUTH AFRICA – Opposition party to introduce Online Gambling BillNext PlayCasino among the most trustworthy casino review sites in South Africa More Stories BETTING SOUTH AFRICA BetGames marks latest African expansion with Sahara Games 2 days ago Szarlot LOTTERIES SOUTH AFRICA Corruption in South African lottery 2 days ago Samuel CAMPE VERDE CASINO Cabo Verde casino project led may be scrapped 7 days ago Iwo Bulski EXPERTS HOT NEWS SOUTH AFRICA MTN is currently constructing 5G private networks for use in South Africa 1 week ago Szarlot ONLINE SOUTH AFRICA PlayCasino among the most trustworthy casino review sites in South Africa 2 weeks ago Samuel EXPERTS SOUTH AFRICA SOUTH AFRICA – Opposition party to introduce Online Gambling Bill 2 weeks ago Szarlot EXPERTS SOUTH AFRICA South African party introduces long-awaited online gambling bill 3 weeks ago Samuel BETTING SOUTH AFRICA Amelco to launch in South Africa with new operator LulaBet 3 weeks ago Szarlot CASINO SOUTH AFRICA Metropolitan Gaming sells interest in South Africa’s Emerald Resort and Casino 3 weeks ago Samuel CASINO MOROCCO Cirsa Gaming Corporation inks Casino De Tanger operating agreement 3 weeks ago Szarlot EXPERTS SOUTH AFRICA Most important drivers of Africa’s iGaming 3 weeks ago Szarlot EXPERTS SOUTH AFRICA New online gambling laws proposed for South Africa 3 weeks ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.