Sports Betting - SAGSE Talks Souther Africa (Not South Africa Only)
SAGSE Talks Southern Africa is the southernmost region of the African continent > Angola, Botswana, Eswatini (also known as Swaziland), Lesotho, Malawi, Mozambique, Namibia, South Africa, Zambia, and Zimbabwe are part of this amazing market.
From a political perspective the region is said to be unipolar with South Africa as a first regional power. South Africa is deemed by many industry experts as the greatest opportunity in terms of potential when it comes to gambling in Africa. The country is way ahead of its neighbors in terms of technological infrastructure and all factors are indicating that should the country introduce a legal framework and regularize its online market, the chances are that it could well set an example in the region in terms of where the African industry should be heading. The Official Status of Online Casinos in South Africa.
The local mobile gambling industry keeps in hold great growth opportunities when one considers that 60% of the adult population uses a smartphone, 24% make use of a laptop or desktop computer, whilst 12% make use of a tablet.
Things also look bright in terms of mobile broadband penetration, with 28.99 million people (50% of the total population) considered as active mobile internet users. There’s no doubt that South Africa is trying their best to follow in the footsteps of welldeveloped countries concerning the legislation of online gambling.
Despite the efforts, there are still different visions among the members of the National Gambling Board on how the online gambling market should be regulated in South Africa.
As it often happens when there’s a decision to be made, there are the reformers who would like to legalize online gambling since it would result in accumulating more revenue for the country. However, as every story needs an opposing party, here we’ve got the oldschool officials who disagree with online gambling legislation due to the bad effect it could have on South African residents.
The National Gambling Act 1996 allowed the National Gambling Board to regulate the market. Although this helped the land-based casino operators, online gambling still did not benefit at all. The only type of online gaming that is allowed in South Africa is sports betting, but only if it’s done with online bookmakers that hold a license from one of the South African provinces. Other than that, all typical online casino games, such as online poker, slots, roulette, or blackjack are strictly forbidden.
To make sure everyone understands that this is not a joke, the ban on online gambling is highlighted on the official website of the National Gambling Board, and it states the following:
“Online gambling is illegal in South Africa. Except online betting through bookmakers licensed in South Africa for online betting (e.g. sports events and horse racing)
SAGSE Talks son los primeros y más importantes eventos de networking On Line para Latam diseñados para inspirar a la industria del entretenimiento, las apuestas y los juegos por internet. SAGSE ha reunido a los mejores expertos de la industria y líderes de opinión para compartir sus puntos de vista y discutir qué herramientas podemos usar y analizar las oportunidades que tenemos por delante.
SAGSE Talks presenta la agenda en línea más Glocal (Global+Local) jamás vista sobre toda la industria de apuestas y entretenimiento, incluyendo apuestas deportivas, juegos de casino, póker, deportes virtuales, loterías, pagos y marketing digital, etc. SAGSE ofrece la oportunidad perfecta para que todos se mantengan en contacto con sus amigos y colegas de la industria de la mejor manera.
SAGSE Talks are the first and most important On Line networking events for Latam designed to inspire the entertainment, betting and online gaming industry. SAGSE has brought together the best industry experts and opinion leaders to share their views and discuss what tools we can use and analyze the opportunities that lie ahead.
SAGSE Talks is the most Glocal (Global + Local) online agenda ever seen on the entire betting and entertainment industry, including sports betting, casino games, poker, virtual sports, lotteries, payments and digital marketing, etc. SAGSE offers the perfect opportunity for everyone to keep in touch with their friends and colleagues in the industry in the best way.
Welcome to SAGSE Southern Africa!
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