In a Gambling Utopia: South Africa
The South African government is actively writing new land and online casino
gambling regulations for the country that will radically alter the currently
unregulated free-for-all that is occurring in this potentially lucrative market.
Internet gambling is currently illegal in the country even though the government
is currently writing the regulations and legislation that will legalize the
pastime in the country. The international gambling industry is waiting patiently
for the new regulations to come into effect at the government’s request. There
are, however, several online casinos that are ignoring the government’s request
and are currently offering internet gambling options in the unregulated South
African market.
Those online casinos with patience will be rewarded though as the government
will only issue gambling licenses to those gambling groups that have never
operated illegally in the South African market. The South African government’s
decision to implement online casino gambling was an example of a nation
realizing that resistance is, in essence, futile. The internet gambling industry
is incredibly pervasive because of the medium, the internet. Nations all over
the world are currently searching for effective methods of blocking the internet
gambling sites without infringing on personal freedoms and internet censorship
rights.
The emerging South African market is one of the exciting but smaller potential
internet gambling markets. The online casinos are actively positioning for entry
into the huge markets like Asia, but only a handful of the major gambling groups
are prepping for pending entry into the South African online casino and betting
market. There is money to be made, just not as much as some other, larger,
markets. |