Online gambling in South Africa

Online gambling in South Africa

 04-22-08

Although online gambling isn’t legal ye, it can’t take long before the South African online gambling industry gets legalized at last. Various European online gambling providers already showed major interest in the South African online gambling industry. Once the industry gets legalized a bunch of online gambling providing companies will do their utmost best to get a piece of the pie.

Just a few more months
Legislation concerning the licensing and regulating of the online gambling industry are being inspected and approved for quite some time now. According to the expectations, the date of the legalisation of the online gambling industry will be pronounced within a few months.

Victor Chandler Group
According to the media, one of the major parties who showed interest in the South African online gambling industry is the Victor Chandler Group. The Gibraltar located company confirmed its interest the same day. The Victor Chandler Group is interested in launching online casinos, online sportsbooks and online poker rooms in South Africa.

Bwin
Another major company interested in entering the South African online gambling market is Bwin Interactive. Bwin is interested in providing online sportsbetting in South Africa. Bwin did not confirmed the leaked information, neither did they deny it.

Great potential
The South African online gambling market has great potential. The country’s middle class is booming and the Southern African citizens are using the internet more and more. Besides, the country shows a growing interest in gambling.

Nothing new
Online gambling might be illegal in South Africa, it is no problem to visit an online casino though. Online gambling is nothing new for the South Africans. Currently the South African online gambling industry is controlled from foreign countries.