NEW VPS PLANS

Experience Ultra-high Performance of NVMe Storage on New UK VPS Plans.

Deploy Instantly
  • +357 2425 0808
  • Login
  • English

Home

Blog

South Africa: Strict measures against on...

South Africa: Strict measures against online gambling winnings

South Africa: Strict measures against online gambling winnings

NetShop ISP

NetShop ISP · Blog Author

May 29, 2017 · Archive

The Department of Trade and Industry (DTI) said on Saturday that it had confiscated the winnings of several gamblers who won a total amount of R1.25m in online gambling sites.

Minister of Trade and Industry Rob Davies had previously cautioned that online gambling was illegal and that their winnings would be forfeited to the State after an application through the High Court. He has also expressed concern that online gambling could be utilised to launder money. “It is on this basis that the banks continue to collaborate with the National Gambling Board to confiscate the unlawful winnings” he said.

The DIT said in a statement on Saturday “The unlawful winnings to the amount of approximately R1 250 000 were derived from illegal gambling activities specifically online gambling”, “The National Gambling Board is the national regulator in the gambling industry in South Africa and in terms of Section 16 of the National Gambling Act, 2004 is obliged to investigate the circumstances of illegal gambling activities including illegal online gambling”, “The public is hereby cautioned to be weary of online gambling offerings, as online gambling is illegal in South Africa, and thus anyone participating in any illegal online gambling activity would be unable to receive any winnings and would expose themselves to criminal prosecution”, “Citizens caught gambling illegally or running an illegal gambling establishment such as internet cafes that provide illegal online gambling will be targeted and they will face criminal charges or a hefty fine to the maximum of R10m or both.”

National Gambling Board accounting authority Caroline Kongwa said: “The NGB is encouraged by the judiciary system in considering gambling related matters and in a related matter, the High Court of South Africa, Gauteng Division, granted a court judgement in favour of a licensed gambling operator prohibiting an illegal gambling operator from offering illegal online gambling.” “The public is hereby cautioned to be weary of online gambling offerings, as online gambling is illegal in South Africa, and thus anyone participating in any illegal online gambling activity would be unable to receive any winnings”.

A public appeal has been made by the board that anyone can report websites which advertise online gambling and establishments in South Africa which offer online and illegal gambling activities to the public.

Press Releases
74

Free VPS Trial

No Credit Card Required.

Recent Posts

How To Create OpenVPN User in pfSense

How To Create OpenVPN User in pfSense

27 June, 2024

MT5 Access Server for Forex Brokers: Virtual vs. Dedicated

MT5 Access Server for Forex Brokers: Virtual vs. Dedicated

14 June, 2024

How To Extend Root Partition using Home Partition space in CentOS

How To Extend Root Partition using Home Partition space in CentOS

30 May, 2024

NetShop ISP to Attend iFX EXPO International 2024 and Announce Global Infrastructure Expansion

NetShop ISP to Attend iFX EXPO International 2024 and Announce Global Infrastructure Expansion

23 May, 2024

TNFX Broker Partners with NetShop ISP to Offer Low-Latency Forex VPS to Traders

TNFX Broker Partners with NetShop ISP to Offer Low-Latency Forex VPS to Traders

14 May, 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