EXPERTS SOUTH AFRICA South African party introduces long-awaited online gambling bill 1 year ago Samuel Post Views: 320 South Africa’s opposition party, the Democratic Alliance, has introduced a law to regulate online gambling in the country, ending a long period of ambiguity after efforts to regulate the vertical collapsed 14 years ago. Currently, South African law allows online gambling to be offered by any operator with a licence issued by a provincial authority. However, the country does not have a full legislative framework, as the National Gambling Amendment Act of 2008 – intended to properly regulate the vertical – never came into force. Now, though, the Democratic Alliance is set to introduce a bill with many of the same goals as that 2008 act in the National Assembly of Parliament. “As such, interactive/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.” – the Democratic Alliance noted. Five points The 2022 legislation itself has not yet been published. However, the party revealed that it will cover five areas. First, it will regulating the issuing of licenses, which will continue to be handed out by provincial authorities. The bill will also “provide for procedures relating to objections from issuing of licenses”. Next, the bill will regulate gambling ads, possibly introducing restrictions in this area. It also promises to “provide for the protection of minors and vulnerable persons”. Finally, it will ensure that operators are compliant with the South Africa’s Financial Intelligence Centre Act (FICA). After the bill is introduced, stakeholders may submit their views on it to the Speaker of the National Assembly. Earlier today, sportsbook supplier Amelco announced its entry into the South African market, through a partnership with LulaBet, which is also a new entrant into the market. Source: igamingbusiness.com About Post Author Samuel I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. See author's posts SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: igambling, law, South Africa Continue Reading Previous Amelco to launch in South Africa with new operator LulaBetNext Ebanx expands to Africa More Stories EXPERTS KENYA Digital wallets as an enabler for financial services in Africa 2 days ago Szarlot EXPERTS NIGERIA Afreko Media Amplifies Its Betting Platform Portfolio With The Acquisition Of Gamblers.Africa 2 days ago Szarlot EXPERTS KENYA Unlocking the power of mobile trading: A financial revolution in Kenya 3 days ago Samuel EXPERTS SOUTH AFRICA Online gambling addiction is a pandemic in SA, sucking in children and adults 3 days ago Szarlot EXPERTS SOUTH AFRICA MultiChoice investors kiss R32 billion goodbye 3 days ago Samuel EXPERTS KENYA Flutterwave wants to invest $50 million in Kenya 6 days ago Samuel EXPERTS HOT NEWS KENYA GamStop and Responsible Gambling in Africa 6 days ago Szarlot CASINO SOUTH AFRICA Carnival City goes Super Sweet with 24th birthday car mania promotion 1 week ago Szarlot EXPERTS KENYA National Treasury Drafts Strategy to Catch Tax Evaders 1 week ago Samuel BETTING SOUTH AFRICA Online betting platform SunBet cashes in R90m 1 week ago Samuel CASINO EXPERTS Seven fun and interesting facts about slot machines 2 weeks ago Iwo Bulski CASINO SOUTH AFRICA Sun International’s SunBet shoots the lights out 2 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.