Internet Cafe Gambling In South Africa
As of May 23, 2018, reports have started filtering in that 'Stars is no longer permitting South Africans to access the site's online gaming products. The only types of online betting allowed in S.A. Are regulated sports-betting, racing wagers, and lotteries. Similarly, Antigua is a common choice and was one of the first jurisdictions with Internet Gaming licensing. An Antiguan license will cost around $100,000 for a casino, an extra $60,000 for a. As far as online casino gaming is concerned, South Africa is a grey market. Betting on sports is the only legalized form of gambling in the country.
Online gaming in South Africa is often plagued by high latencies. The closest servers for many popular games, such as PUBG, Apex: Legends and Fortnite, are often located in Europe. One of South Africa’s favorite online casinos Thunderbolt Casino has welcomed a new slot game onto its platform and wants to share the good news. The online casino announced that Realtime Gaming’s new video slot game went live at its site recently, and it will be rewarding players with generous bonuses and free spins to mark the occasion.
You may not know it, but online gambling is illegal in South Africa. Nevertheless, it’s a booming industry that is hitting licensed casinos hard.
The National Gambling Act of 2004 bans all “interactive” online casinos and games such as poker and bingo.
Numerous online gambling sites exist and some estimates suggest that tens of thousands of South Africans have active accounts.
The most popular online gaming platform in South Africa is Costa Rica-based “Realtime Gaming”.
Online gambling represents a massive loss in tax revenue and has the potential to slash visits to “land based” casinos. Online gambling in Europe, where it’s legal, has caused casino visits to fall by 20 percent.
Casino and horse-racing revenue fell by 0.6 percent in 2014. According to the National Gambling Board, gambling revenue totalled R21.8 billion while the industry paid R2.2 billion in tax.
Gamblers and operators face a maximum penalty of R10 million and/or 10 years in jail.
We interviewed Themba Ngobese, CEO of Casino Association South Africa, about illegal online gambling in South Africa.
Listen to the audio (scroll down) for more detail.
We assume that at least five percent of gambling spend goes towards illegal online gambling.
Themba Ngobese, CEO of the Casino Association South AfricaOnline gambling in all forms, as well as foreign lotteries, are illegal in South Africa. Only online sports betting is allowed. Government is not considering the legalisation of online gambling.
Themba Ngobese, CEO of the Casino Association South AfricaThe loss in tax revenue due to online gambling equals an amount that could buy a third of all school textbooks in South Africa.
Themba Ngobese, CEO of the Casino Association South AfricaThere are countless illegal gambling establishments in South Africa. And the numbers are growing. Gambling illegally at home is a much smaller problem than these physical 'internet cafes'.
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