South Africa to Consider Online Gambling Proposal
19 January 2015
Geordin Hill-Lewis, South Africa’s Shadow Minister of Trade and Industry, is gearing up for what will be another of his already multiple attempts to convince South African Parliament that legalizing and regulating online gambling in the country is the right thing to do. While he appears more confident than ever before that the bill he plans to introduce in February has a legitimate chance to succeed, he faces the same tough opposition that ultimately resulted in the failure of each of his previous attempts.
Serving as a Democratic Alliance MP, Hill-Lewis’ proposal calls for the National Gambling Board to oversee the licensing and regulation of online gambling throughout the nation’s nine different provinces, but in close consultation with each of the provinces’ gambling authorities. While on the surface this appears to make perfect sense, one obstacle that will surely stand in the way of the success of this proposal is the fact that the National Gambling Board was recently suspended as a result of purported corruption.
Another obstacle that will be challenging to overcome is the opposition by the Casino Association of South Africa. Their position, which has been documented many times before, is that online gambling reduces jobs and revenues for land-based gambling establishments. This is of course of great concern to many, but there is a legitimate argument to be made that officially legalizing online gambling would help limit revenues that are currently being lost to areas outside of South Africa.
While it remains to be seen if anything will come of his latest attempt to push for the legalization and regulation of online gambling in the country, one thing is certainly clear, which is that Hill-Lewis is without question one of the most determined political figures in South Africa.
14 May 2010Canadian Man Pleads Guilty in U.S. Online Gambling Charge
Douglas Rennick, a Canadian man, has pleaded guilty to a count of processing offshore bets of U.S. citizens. Originally Rennick was looking at a charge of conspiracy and bank fraud. He had allegedly laundered $350 million dollars for overseas internet gambling companies. Rennick was indicted in August and on Tuesday entered a guilty plea to the one charge in New York Federal court. Part of the plea was forfeiting $17.1 million and a possible prison term of 6-12 months.Read full article
02 June 2010France to Award 30 Licenses for Online Gambling
Today the government of France approved a new online gambling bill. The bill passed the French parliament by a narrow 299-233 vote. The French will grant only 30 licenses to operate online casinos and poker rooms within its borders. Though it is now official and France says that licenses will be granted in time for the 2010 World Cup, not everyone is excited about the French market.Read full article
09 June 2010France Issues 11 Licenses For Online Gambling
France acknowledged that 11 companies have been granted license and have been registered to conduct online sports and horse race betting as well as online poker within France. According to Arjel president Jean-Francois Vilotte, the regulator of gaming in France, “There were 35 requests for licenses and we have retained 17 at this stage. None have been formally rejected.Read full article