South African Regulation
It looks like many countries are starting to seriously consider changing their
online casino legislation. South Africa is the latest country to make the
appropriate moves towards legalizing online casinos. They are currently looking
at the examples made by other countries that have already legalized online
casinos and internet gambling in order for them to get some ideas. The country
of South Africa wants to get some of the framework and the pitfalls that some of
the other countries with online casinos have experienced that way they can make
their legislation in their own country work for them, and work quickly. The
country that they are most interested in at the moment is Antigua. The island of
Antigua is a very small Caribbean island which is a perfect example of how to
legalize and profit from online casinos. Antigua has been one of the most
successful nations in the online casino industry.
They are not just studying the data and legislation of the online casino
industry in Antigua. The South African government is taking the time to visit
the island in order to learn more about their Division of Gaming. The previous
administration in the United States never took the time to visit countries like
this before they passed the Unlawful Internet Gambling Enforcement Act of 2006.
The South African government is hoping that their trip will help them figure out
exactly how they will be able to profit from legalizing online casinos and
regulate it within their own borders. During their visit at the small but
successful island the representatives of the South African government will be
asking some choice questions to the board members regarding licensing,
regulatory and supervisory policies that are related to online casinos and
internet gambling.
What is a very good sign for the online casino industry is how involved and
serious the South African Government is considering the legalization of online
casinos. This truly may be one of the most responsible and logical ways of
legislation that has been seen in the online casino realm. Maybe this is even
more good new for the online casino industry as many other countries may follow
suit and follow in the footsteps of South Africa and go to a successful country
to piggy back on their methods. South Africa would obviously take all of the
lessons they learned in Antigua and then tailor make it in order to fit their
country.