Legal Limbo Scaring Online Casinos
South Africa won the right to host the World Cup this summer, and that is a
decision that has been called into question several times over the past several
months as one debacle after another comes to the surface as the games near. One
of the big issues right now is the fact that the country’s land and online
casino betting industry has not yet been fully reformed – and that is a near
given considering how many people are going to flood the city to watch this
major sporting event…and they are going to expect amble betting opportunities.
The South African online casino betting market has altered very little in the
past year – and that’s shocking considering all of the major developments that
were supposed to take place so that South Africans had safer betting
opportunities. Despite the promise that internet gambling law reform was on the
way, that has yet to happen until President Jacob Zuma takes the last necessary
step and signs the National Gambling Amendment Bill into law. The delay has been
attributed to the fact that the government plans to further review the online
casino and betting gambling policies for their compliance factors related.
Compliance is only part of the issue though as the delays and stalls continued.
The World Cup is just months away and many foreign online casinos and betting
shops are eager to legally enter this market and begin setting up a base before
the massive number of punters descend on the country. |