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The critics, analysts, economists, and gambling industry representatives are weighing in on the new situation arising in the South African online casino gambling market. As new regulations are nearing passage, there is more speculation and information being released about the impact of the licensed online casinos on the South African market. Namely, there several professors in the country who have taken a close look at the possible revenues the industry will generate as well as the long-term impact that increased access to gambling will have on the citizens.

The revenue potential in the region has really had a strong impact on why some in the government have preliminary approved the new gambling regulations. The government has designed a taxation structure that will still allow the online casinos profitability, but at the same time will provide some very decent revenue streams funding government run programs and services and fleshing out some areas of the government’s budget. The CEO of the Peermont, a land gambling group, has commented that the South African online casino gambling market is worth as much as R1 billion in the long-run.

Another pointed and useful observation comes out of the National Responsible Gambling Programme – the Research Director at the establishment has noted that although there is the speculated possibility that legalized online casinos will have a negative effect on problem gambling rates, he believes that the government’s efforts to provide regulations to control problem gambling habits are likely to be effective. The SA government has developed a set of regulations that are well thought-out and will really capitalize on some of the unique aspects of this market.