South Africa Sides with UK-Style Gaming Regulation

South Africa Sides with UK-Style Gaming RegulationA report of advanced stages in formulating a National Gambling Amendment Bill in South Africa based on a special commission assigned to study the industry, insinuate the country will follow the UK example of regulating the gaming world rather than banning it.

By Owen B | Aug 04, 2007
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Sooner or later, countries respond to online gambling in one or two ways: they either embrace it or reject it altogether. A news report from South Africa  suggest that the country, a major online gambling market, is likely to adopt the former policy, one that is closer to the UK government practice, rather than following in the aggressive denouncement of online gaming.

According to the report, South Africa's Department of Trade and Industry is considering regulating the industry, not fighting it. A positive embrace of this sort has been the English policy over the past year and seems to be working. The alternative policy, a ban on online casinos, as in the United States, seems to be working as well, but raising vocal opposition and continuing doubts whether it will be able to remain in place for long.

Apparently, a study that the Department has ordered regarding online gambling technology and jurisdictions serves the policy makers in deciding the task is doable and the profits considerable. A legislative proposal based on a thorough survey results is the key for a successful policy, be it regulation or a ban, it matters not.

Of course crime, fraud, an addiction problem and underage betting are concerns. These and other issues are likely to dictate government involvement and strict regulation. Such is the practice in the UK, which so far seems to be not only working but even profitable.

Such a move was expected from the South African government for several years, with a considerable penetration and a welcoming atmosphere. As the industry is about to take the next step, it is high time for such as a National Gambling Amendment Bill to be formulated and enacted.
 
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