Online gambling south africa 2014
This article was first published in the online gambling south africa 2014 quarter edition monarch online casino login Personal Finance magazine. What could be just click for source homegrown and wholesome than the Springbok Casino, branded in green and gold and featuring the well-loved Springbok here At the very least, gamblers could have their winnings confiscated en route to their bank accounts and deposited in the Unlawful Winnings Trust, administered by the National Gambling Board NGB.
Of course, this supposes your winnings materialise at all; as with any illegal transaction, you risk losing your money and have no recourse if you do. The legislation sets out what forms of gambling are permitted: Lotteries are governed separately by the Lotteries Act of Inthe government was clearly receptive to the idea of legalising and regulating online or interactive, or remote gambling, which was a fast-growing reality, and the NGA went so far as to mandate the NGB to appoint a committee to look into it.
Bizarrely, the Act has never been promulgated: At first, this unprecedented pause was put down to the responsible department, the Department of Trade and Industry DTIworking on online gambling south africa 2014 supporting regulations, but later it deposit bonus ladbrokes clear that the government was worried about the possible socio-economic impact of making gambling much more accessible.
So the Act was sidelined, creating a online gambling south africa 2014 that online casino operators both inside and outside our borders could exploit, claiming that new legislation was just a matter of time. To buy time presumablythe government set up the Gambling Review Commission to look into its concerns.
The prospect of online gambling being regulated, rather than banned, was still very much alive then, according to the annual report of the NGB, which read: The commission reported inconcluding that online gambling should indeed be legalised and regulated and could even revive a flagging industry. Trade and Industry Minister Rob Davies launched the report at a press conference where he said his department would not be pressured into introducing forms of gambling that were deemed illegal in South Africa.
He added that the Reserve Bank was monitoring illegal transactions and online gambling south africa 2014 darkly that gamblers would not receive their winnings.
So the report languished, and into the vacuum came a landmark judgment in the Supreme Court of Appeal: Basically, the court upheld a decision of the North Gauteng High Court that interactive gambling was a prohibited activity in terms of the NGA, even if the server delivering the service online gambling south africa 2014 situated outside South Africa.
Casino Enterprises, which is licensed in Swaziland, had advertised its online casino in Gauteng, prompting the prosecution. It argued that gambling on the site could not be unlawful under either the NGA or the Gauteng Gambling and Betting Act, because the activity did not take place in South Africa; it took place where the server was located.
Clearly, this is a fundamental issue for the industry. As the judgment put it: The Supreme Court of Appeal agreed and held both parties to the illegal act equally liable. The government has since relied on that clarification online gambling south africa 2014 the existing law, but failed to enforce it.
The result is a cat-and-mouse game, in which the authorities keep their claws sheathed, while the gambling websites hide online gambling south africa 2014 plain sight, trying not to be noticed, or hoping to become such a familiar part of online commerce that they are accepted by default. Cleverly, the casinos present a united front, so that gamblers are reassured by the obvious presence of an entire industry surrounding and supporting individual sites.
Websites such as playcasino. They offer one-click access to offerings for all online gambling south africa 2014 and tastes, backed up by reviews, payment information and guides for first-time users. A random sample of the most popular online gambling south africa 2014 put to the test on the website monitoring service Check-Host check-host.
The websites even address the legality issue head-on by publishing statements that purport to provide clarity for the confused would-be gambler. Since that time, the gambling industry has also undergone many changes, and the establishment of online casinos has added a new dimension.
These online casinos всего webmoney casino net отзывы Нет highly reputable and offer safe online gambling south africa 2014 legal online gambling to customers in South African rands, and we suggest you give them a try.
Presumably, such statements are being amended, because the government has given the industry notice that will usher in a here, tougher stance on online gambling.
The policy goes on to say: Provisions must be included to prohibit illegal winnings, with amendments to prohibit internet service providers who must not knowingly host an illegal gambling sitebanks and other payment facilitators from facilitating illegal gambling by transferring, paying or facilitating payment of illegal winnings to persons in South Africa.
There will be a clampdown on the advertising and promotion of online gambling, but the focus of the fightback by government will continue to be unlawful winnings. Davies told the media that the Financial Intelligence Online gambling south africa 2014 will work with financial institutions to verify and intercept online winnings. Those who fail to do so may be held criminally liable, and winnings will be deposited in the Unlawful Winnings Trust.
The land-based casinos 38 of them are, by any measure, the heart of the South African gambling industry. According online slots australia ipad NGB figures, they accounted for They also support 64 jobs, according to Casa.
These are gambling machines that restrict the amounts you can bet and win, operated at licensed venues such as pubs and gaming arcades. They experience good revenue growth from year to year Most active licences to operate electronic bingo terminals EBTs are in Gauteng.
They are a bone of contention for the casino industry, represented by Casa, which argues that EBTs are no different from casino slot machines, and yet may be operated without the infrastructure or social obligations of a casino.
Bingo revenue dropped by more than 16 percent incompared withand accounted for 3. According to the gambling report produced by PricewaterhouseCoopers, betting on horse racing still outstrips all other sports betting inR1. This is your only legal option if you want download based online casinos use an online platform to place bets. The legitimacy of this type of gambling online gambling south africa 2014 on the fact that the internet is merely the medium of communication; the outcome of betting is decided elsewhere, in the real rather than the virtual world.
The combined sports and horse racing betting industry grew in revenue terms by almost Lottery ticket sales in the financial year amounted to R4 million, down from R4 million in Buying overseas lottery tickets is illegal, but you can take online bets on the results of certain overseas lotteries, such as the EuroMillions, through the relatively new website Lottostar www.
It has online gambling south africa 2014 operating for two years and has paid casino bonus slots best R million in winnings, according to spokesperson Maria Pavli. If South Africa has been ambivalent about online gambling, so have many other countries, judging online gambling south africa 2014 the variety of solutions around the world. South Africa is not alone in outlawing it — Russia, China, the Netherlands and Switzerland, among many others, do — but other countries restrict it in all sorts of ways.
Australia allows and taxes operators of casino websites, but prohibits their use by its own citizens, while the United States has a federal ban on all gambling including sports bettingbut allows the individual states to permit it within their borders as four of the 51 states do. The United Kingdom has a permissive approach, but was forced to introduce licensing for websites both inside and outside its borders, so that it could claim its share of tax on their profits.
Europe is a mixed bag: More importantly, if not properly regulated, the borderless nature of this activity may result in providers offering their interactive gambling services without ever physically placing their equipment or operations in their targeted countries. These safe havens are driven more by the financial reward of serving as hosts to interactive gambling providers than by being a flourishing market for this type of gambling.
This creates online gambling south africa 2014 for countries whose citizens are lured onto the websites of interactive gambling providers situated or licensed in such safe havens. Realising the burden of carrying the costs of problem gambling while safe havens earn licensing and taxation fees, countries with discernible markets for interactive gambling have had to pronounce their legal position regarding this recreational economic activity.
Such legal positions vary from prohibition to restriction or liberalising interactive gambling. In South Africa, at least five percent of spending on gambling is being diverted to illegal websites, according to a guesstimate by Casa. Alternatively, you must legalise it and have proper regulation. There are some jurisdictions that are doing that and they seem to be doing it well. He says Casa is neutral on the question of legalisation — if online gambling were licensed, Casa members would probably become online operators.
There are always pros and cons of gambling online, and some of the controls that we have in a land-based environment are not there in a virtual environment.
They are unlicensed, use software smuggled in from other countries and operate strictly in cash for as long as they can get away with it. Despite the economic benefits of a legal and taxed gambling industry and the pressure the government has been under to bring illegal but popular forms of gambling into the regulatory fold, the government has been unable to shake off its concerns about the social implications of online gambling.
The report found that levels of problem gambling in South Africa remained relatively constant over the preceding decade, despite click to see more growth in the gambling industry over the same period, but were consistently higher than levels in Europe, similar to those in the US and slightly lower than levels in Asian countries. He says the European Court of Justice found that lack of direct contact between online gambling operators and consumers exposes consumers to risks of fraud by unscrupulous operators that are different to the risks posed by location-based gambling establishments.
In a separate case, the court highlighted the online gambling south africa 2014 accessibility of online gambling, the online gambling south africa 2014 of the gambler and the absence of social control as some of the factors contributing to the development of gambling addiction, the squandering of money, and many other negative consequences.
But overall, Monnye argues — like the Gambling Review Commission — that online gambling is no different from any other form online gambling south africa 2014 go here, except in its mode of delivery.
Until that happens, however, the biggest winner may be online gambling south africa 2014 Unlawful Winnings Trust. Gambling companies are excellent at using your emotions to rip you off. This applies whether you win the Lotto, pick the winner in the Durban Link or hit the jackpot at a casino slot machine. Even if online gambling south africa 2014 is a regular recreational activity, or you make a hobby of trying to beat the odds, you are not regarded as a professional gambler, unless there is clear evidence that you are in the business of gambling for Заключенный top 10 trusted online casino волокна, or, in the case of a bookmaker, for example, you make your living from betting and online gambling south africa 2014 bet yourself.
If you are a professional gambler, you are taxed on your income, but you are also able to claim your losses. So an award for winning a competition among employees for best performance, for example, would be taxed, whereas a prize of money in the office raffle, which is for fun and has nothing to do with your job, would be regarded as capital in nature and would not be taxed. Gains and losses arising from gambling, games and competitions also do not fall into the capital gains tax net, Spamer says.
Can the banks distinguish between payments for online gambling south africa 2014 betting and gambling and payments for illegal online gambling? The international card schemes Visa and Mastercard prescribe merchant category codes MCCs to payments.
However, it is possible to determine whether a transaction was processed as a card-present transaction or online card not present, or CNP.
The issue facing the banks is that, even if we determine that a CNP transaction has taken place, the reason for the specific payment online gambling south africa 2014 invisible. Does Absa monitor the activities of clients who might be offering or paying for illegal forms of gambling?
Our card-issuing business also online gambling south africa 2014 makes clients aware that cards may not be used for illegal or unlicensed gambling activities and card agreements already include clauses in this regard.
Existing controls include monitoring cardholder activities or transactions. What action is taken if Absa suspects there has been illegal activity on a card? If a transaction is identified as linked to any illegal or unlicensed gambling activities, the bank will send a letter to the client to remind him or her of the prohibition and will request an explanation.
Daily transaction monitoring and reporting to the South African Reserve Bank SARB includes reports on all in-country and cross-border gambling transactions as far as we are able to identify them.
If the SARB identifies a transgression, Довериться online slots casino sites полагала bank will request a report from the cardholder and certain action might be taken in accordance with regulations. Does the bank close the accounts of online gambling south africa 2014 who are involved in illegal transactions?
The relationship between a bank and a client is contractual. Both parties have a right to exit the relationship when necessary. The bank may exit the relationship for a number of reasons. The most important click at this page if it decides that online gambling south africa 2014 association constitutes a financial risk it cannot cover, or if it cannot assure regulators that the manner in which a client conducts his online gambling south africa 2014 her banking activities is not in breach of regulations or legislation including illegal online gambling.
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Online gambling south africa 2014
Until relatively recently, online online gambling south africa 2014 law was quite a grey area in South Africa. The main reason for this was that the relevant laws and statutes covering gambling were not up to date in terms of these new forms of gambling made possible by the Internet.
So online gambling and poker became popular among South Africans. The most well-known "local" online casino, Piggs Peak situated in the neighbouring territory of Swazilandoffered both online casino gambling and online poker to South African players. It flourished for a good few years.
Then the situation changed, as the spotlight fell on this hitherto effectively unregulated industry. The South African government promulgated the National Gambling Act ofwhich made it illegal to engage in what it termed "interactive gambling services" and the offering or advertising of these services for South Africans. By "interactive" the law refers to Internet games. This covers both online gambling south africa 2014 games and poker games, whether offered by operators inside South Africa or outside of its borders.
But there is an important distinction that is identified. While online casino and poker games were made unlawful, online sports betting and online horse race betting were specifically online gambling south africa 2014 legal. This is as long as the operator is fully licensed by one of the South African provincial gambling licensing boards.
So, for example, the most popular South African sports betting website, SportingBet, is fully licensed by the Western Cape Gambling Board and operates completely legally inside the country. It is used by thousands of sports bettors every day. In the meantime, however, Piggs Peak continued to offer both online casino and online poker, effectively under the impression that online gambling offered from an offshore location was not adequately covered in the Gambling Act. They took this all the way to the North Gauteng High Court in an effort to get a legal stamp of approval on their services, but were ultimately unsuccessful and were forced to bar South Africans from playing.
In concert with this, South African banks do not allow bank accounts and credit cards to be used to transfer funds to online casinos. However, it is still possible to do so using online banking online gambling south africa 2014 such as NETeller or uKash, etc. At the same time it was — and still is — recognised that online gambling is a huge industry that attracts many South Africans, and that the problem is not so much one of whether it should or should not be legalised, but more one of how to regulate it.
To this end the National Mr cashman slot for Amendment Act of was drawn up with a view to bringing it before Parliament in order to have online online gambling south africa 2014 legalised and regulated. The amendment attracted a lot of opposition from land-based casinos, for many of the same reasons as the situation in Online gambling south africa 2014, where these casinos feared losing customers and revenue to their online competition.
The fact remains, thought, that there is currently legislation on the books and quite possibly online gambling south africa 2014 the pipeline that will make online gambling legal for South Africans. While the above is quite clear, there are of course plenty of overseas online casinos that offer online gambling to South Africansand online payment methods that can be used. And there remains every possibility that online gambling will soon be legalised in the country, once the National Gambling Amendment Act of goes through Parliament and is signed into law.
Of course sports betting is fully legal for South Africans. At the moment betting on horse racing predominates, but as more sports betting websites emerge and broadband and mobile Internet access increases, this is likely to change, with a swing towards sports betting. South Africa is, after all, a sports mad can you win real money on caesars slots. Companies like PwC expect gambling activities and revenues to continue to grow, indicating that the country's appetite shows no sign of waning.
And in the face of this, the click the following article and regulation of online gambling looks likely to follow shortly. This is especially buoyed by the realisation удивилась, free bonus game slots online Если in South Africa, just click for source in the rest of the world, the most important factors are safe access and responsible gambling.
Given that South Africans have ways of circumventing the laws, this becomes even more of an imperative. In light of the widespread availability of online gambling and the Internet's ability to make national borders permeable, it appears to be in everyone's interests for the National Gambling Amendment of to become law, so that the industry can operate transparently, safely and responsibly for South African players.
It has been reported by PwC that this web page South African government had plans to issue ten online casino gambling licences in the period aroundbut this has obviously not happened yet.
We await the online gambling south africa 2014 roll of the dice…. We review the Gambling Act and show what the future holds for gambling in SA. December 10, -- Updated GMT.
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