27 May, 2008 |

South Africa Approves Online Gambling Bill: Is the US Next?

Following the U.K.’s lead, South Africa has just passed an online gaming law that regulates the industry within the country. The South African government has created the National Gambling Amendment Bill to stop the considerable loss of revenue to the national fiscus that an unregulated online industry has caused.

The Bill has been constructed to assist in areas like problem gambling, taxation, licensing, advertising, and player protection. The government has realized that the people of South Africa will be better protected with a regulated industry which returns revenue to the country.

Could this latest move by another country regulating online gaming prompt the U.S. to do the same? I doubt it. The American government made online gaming illegal to protect horse racing and lottery revenues, not to protect people against an activity that may supposedly be dangerous to them. Once a Democratic government gets into power in America, things might change.

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