Home | Best Online Casino | Casino Games | Poker Rooms | Poker Tournaments | Casino Software | Progressive Jackpots | Forum
 



 

Recommended Casinos
casino bonus code
Casino game rules
Casinos for USA Players
High roller casinos
New Casino Games
No Download Casino
Online Casino Tips
Playtech
Casinos
Microgaming Casinos
RTG Casinos
Free Casino Games
 

Free Poker Games
Poker Game Rules
Live Poker
Poker Tips




 

Major Millions
Roulette Royale
Lots-A-Loot
Cash Splash
Magic Slots
Mega Jacks
Tunzamunni
Diamond Valley
Progressive Meter
Jackpots Qualifier
Player Advantage
Break Even Point
Progressives types

 

Casino Payment
Neteller
Moneybookers
Citadel
Firepay
EcoCard
900Pay
Western Union



 

Slots
Progressive Jackpots
Blackjack
Roulette
Video Poker
Bingo
Baccarat
Craps
Keno
Sic Bo

 

Online Casinos ?
 



Online Casino News

South Africa to regulate online Casino gambling

April 25, 2009


How the internet has tried our impression of what is standard! In the previous ten years its amorphous shape, with no start nor purpose, has defied what we see as true or false, our rights and the defense there of, as well as what is permitted or not.

Furthermore, so it is with best online casinos gaming. Governments everywhere around world have wrestled with the problematic chore of ways to regulate online gambling.

They had to give thought to such concerns as how much regulation is essential, if at all? How does one deal with the reality that the world wide web knows no limits?

In the United States, Congress is still debating on ways to approach the regulation of the online casino gambling.

In South Africa, with the Department of Trade and Industry lately releasing the National Gambling Board’s draft online regulation for civic remarks.

Online gaming operators such as Silver Sands and Piggs Peak are already advancing steadily onward, rather prosperously, without statutes in place. One might quarrel there is a little point in governing online gambling as it will mostly be inefficient in the blankness of the virtual world.

However, in South Africa there are a number of crucial motives to do so. One reason in that it is essential to formulate an equal opportunity for all operators. Silver Sands and Piggs Peak have abused the absence of clear online gaming regulations to snatch a march on other South Africa b and mortar casino groups who had a lot more to lose such as their gaming licenses by engaging in fast and loose with the existent gaming regulations.

There is also the matter of customer protection and currency laundering to think over — concerns that are turned to by certifying.

that South Africa players use an appointed account to wager online. These accounts will have to assent with the regular banking and FICA prerequisites, constraining unlawful financial activities. Players will also be safeguarded from themselves as well as immoral entrepreneurs by supervising how they use their money in these accounts. The greatest risk with online gambling is relaxed credit.

Another main issue is the increase in tax revenues, an enticement that authorities might not be able to withstand, with SARS imposing a 6% tax on all gambling revenue from the entrepreneurs to be certified in relations to the new statutes.

The statutes will no skepticisms be far from perfect, with the world wide web by its very character demonstrating many sightless situations.

One unmanageable expanse from a South African point of view will be foreign conversion rates, a concern that has entanglements for all commerce conducted over the world wide web.

The Reserve Bank, which has worked with the NGB to sketch initial regulations, is strongly conscious that the world wide web does not recognize national regions and the loose deluge of currency will be crucial to the prosperity of a local online business. Less stiffness on Forex will be essential.

Good Luck

From the Online Casinos US team

Previous 5 Articles:

Club USA Casino jackpots total at $4 Million
U.S. Internet gambling supporters will have to wait
Barney Frank to Introduce Internet Gambling Legislation Soon
Hot New $500 Free Deposit Casino Bonus
Online Trade Group Files Against Kentucky Online Casino confiscations
Online Casino News

 





 

Sat, 20 Jan 2018
Hot New Online Casino Games at Black Diamond Casino Online!
Black Diamond Casino Online is definitely one of the best online casino sites to visit this month. Hot new casino bonus offers and exciting new ...
Sat, 13 Jan 2018
Online Slots player wins Over $100 Thousand at Liberty Slots Casino
Once again a lucky online Slots player has became much richer while playing on the Agent Cash Online Casino Game. Raffella D from California won...
Sat, 30 Dec 2017
Las Vegas USA Casino Holiday Season Bonus
Las Vegas USA Casino Online is now offering Players Free Cash, through a Holiday Bonus. The Biggest casino bonus selection offered by any of the...
More Casino News




Best Online Casinos

 

Casino & Poker Glossary | Site Map | Site-Map | Favorite Online Casino Links | Contact Us
best online casino | progressive jackpots | poker tournaments | casino bonus | casino games| casino affiliate program
Powered by K&K Media