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A Threat to Land Gambling

All of the talk these days in the South African market is really centering on the prospect of new online casino gambling regulations and a licensing regime that the government has announced will likely be implemented in the coming months. But the wait has been incredibly long and online casinos are already operating in the South African market and the land gambling venues are quite worried that they will not be able to adequately compete with the internet gambling industry. But the South African regulations should actually address this concern and make it viable for land gambling companies to also corner a piece of the internet gambling market should they so choose.

Land casinos often fear the spread of the online gambling industry and feel threatened – this is a key concern in the US and one that the land gambling companies are still actively expressing. In the South African market the situation is the same, there is a fear that a legalized online casino gambling market will wipe out the already legal land gambling establishments. But a key point that has to be made is that the situation could only get better than it is right now, with internet gambling unregulated.

In a regulated South African market the online casinos will have to pay taxes and adhere to tight regulations to operate legally within the market. Since the land gambling venues will have similar regulations there should be no gross and unfair competition. And the regulations are supposedly going to directly address this growing fear and work to level the playing field for the land and internet gambling companies.