Regulating Online Gaming
By nisha
In its efforts to regulate online gambling, South Africa has made the realisation that they have a difficult task ahead of them. The South African gambling board has teamed up with Australian firm DGS in order to push forward its efforts to regulate online gaming. DGS has been paid R900, 000 (US$112,500) to develop a regulatory framework for South Africa where there are currently no regulations on Internet gambling. The country has opted for regulation after making the realisation that there is no way to completely prohibit the sport due to the fact that online gaming establishments are often operating from a country where it is legal to gamble and therefore contend they can ignore laws in force in other countries. South Africa is aware that there are many financial gains to be made from legalising the sport, not to mention that through close monitoring of a users record, compulsive gamblers could be spotted and helped. Chairman of the gambling board, Chris Fismer, says he expects the framework to be finalised by next year. He stated that it would allow the country’s major casinos to apply for a licence for an online presence. It’s not yet known whether independent companies will be able to benefit from the new regulations. The decision to regulate online gaming has met with criticism by religious groups and civic organisations. They say that South Africa’s 26 casinos, national lottery and horse racing is more than enough, an that by extending gambling further could result in an increased incidence of compulsive gambling and a lack of spending in other areas of the economy.
 
 
 
 
 
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