South Africa Works To Control Online Gambling By Legalization
20 April 2007
An article in The Herald (www.theherald.co.za) discussed the legalization of online gambling in South Africa. According to the article, the attitude of the South African government is ‘if you can’t beat them join them… or at least regulate them’ . ‘Them’ in this case is the online gambling industry.
After watching the U.S. and reaching the conclusion that outlawing online gambling is not a solution, the government set their sights on legalizing and regulating it.
Addiction to gambling however was seen as an evolving problem according to The National Responsible Gambling Program (NGRP). “We are beginning to see the first signs of problems related to online gambling. We have treated a number of people who got addicted to online gambling and we anticipate the problem will grow,” NGRP treatment director Roger Meyer said.
The government is plotting the course for online gambling legalization and regulation and expect to publish legislation before the end of the year to pave the way, with priority being given to measures to deal with problem gamblers or illicit activities associated with online gambling. They expect the bill to be submitted to Parliament sometime in or around July.
MORE – READ THE ARTICLE AT The Herald (www.theherald.co.za)
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