South Africa Attracting Online Gambling CompaniesPublished April 27, 2008 by OCR Editor
South Africa is on its way to regulate online gambling, and online gambling is on its way to South Africa.
As reported earlier on the Weekly Edition, South Africa is in the process of passing a law that would legalize and regulate online gambling.
Although the bill has stalled in the South African National Council of Provinces, mainly over the issue of gambling advertising and how to keep children and youth away from the gambling sites, it seems to be heading the liberal way of allowing the practice under government supervision.
Online companies are wasting no time in preparing for this new age of gambling in South Africa. The Victor Chandler International Group and Bwin Interactive Entertainment, among others, have expressed interest in opening up shops in the country.
South Africa has many gamblers, even today as the practice is not legal.
For various reasons - the current illegal status and legitimate competition, Chandler and Bwin refuse to comment.