NEW LOCATION

Olá Brazil Brazil NVMe-powered VPS Plans in Brazil Now Available.

Deploy Instantly
  • +357 2425 0808
  • Login
  • English

Home

Blog

New gaming bill gives right to confiscat...

New gaming bill gives right to confiscate winnings in South Africa

New gaming bill gives right to confiscate winnings in South Africa

NetShop ISP

NetShop ISP · Blog Author

Oct 06, 2016 · Archive

South Africa is preparing new ways to fight against illegal online gambling. One of the new measures is government‘s right to confiscate any unlawful winnings.

South Africa‘s Department of Trade and Industry (DTI) published the National Gambling Amendment Bill of 2016, which will be open for public comment until November 15, 2016. It proposes changes to minimise social ills generally associates with gambling and to curb online gambling, said South Africa‘s Minister of Trade and Industry, Rob Davies.

Minister Davies said that even though the gambling industry contributes significantly to employment and the GDP in South Africa, the fact remains that it has a negative effect on gambling addiction. According to Davies, on average about R3000 monthly is spent by gamblers in the country.

According to 2004 Gambling Act, the government was required to appeal to the High Court in order to confiscate illegal gambling winnings. This part is repealed in the new proposal, enabling automatic forfeiture of illegal winnings to the new National Gambling Regulator

DTI Minister Rob Davies commented on monitoring gamblers’ online activity. “If you go online, we may not be able to stop you when you play the game, but when you win, we get you.”

Today only online sports betting is permitted in South Africa, any other type of online casino or poker remains illegal.

Press Releases
78

Free VPS Trial

No Credit Card Required.

Recent Posts

How To Extract Certificates and Private Key from .PFX file

How To Extract Certificates and Private Key from .PFX file

19 November, 2024

NetShop ISP CEO Stefano Sordini to Moderate Key Panel on Forex AI Automation at Cyprus Fintech Summit 2024

NetShop ISP CEO Stefano Sordini to Moderate Key Panel on Forex AI Automation at Cyprus Fintech Summit 2024

15 November, 2024

Preparing for the Daylight Saving Time (DST) Change: Essential Updates for MetaTrader 4/5 Platforms

Preparing for the Daylight Saving Time (DST) Change: Essential Updates for MetaTrader 4/5 Platforms

25 October, 2024

NetShop ISP Celebrates 20 Years of Innovation and Excellence in Hosting and Data Center Solutions

NetShop ISP Celebrates 20 Years of Innovation and Excellence in Hosting and Data Center Solutions

22 October, 2024

NetShop ISP Makes Waves at Forex Expo Dubai 2024: Showcasing Cutting-Edge Hosting for the Financial Services Industry

NetShop ISP Makes Waves at Forex Expo Dubai 2024: Showcasing Cutting-Edge Hosting for the Financial Services Industry

09 October, 2024

#letushostyou

Award Winning Hosting Provider established in 2004.

120 Faneromenis Avenue, Imperial Tower, 2nd Floor, Larnaca 6031, Cyprus

Products

Bare Metal Servers

Customized Servers

Virtual / Cloud Servers

Forex VPS

Storage VPS

cPanel Web Hosting

Reseller Web Hosting

Colocation

Addons

Premium DNS

Email Hosting

Cloud Backup

DDoS Protection

Licenses

SSL Certificates

Domain Names

Premium SLAs

About Us

Data Center Locations

Looking Glass

Our Company

Contact Us

Careers in Cyprus

Become a Partner

Awards

Certifications

© 2024 S.S. NetShop Internet Services Ltd. All rights reserved.  Terms & Conditions  |  Privacy Policy
CY Reg. Number: HE 217340 | EU VAT Number: CY10217340J

Visa
Mastercard
PayPal
Bitcoin
Tether
Ethereum
Litecoin
Wise
Revolut
Wire Transfer