Monday, February 10, 2014

Gambling online in South Africa is not Legal but you can download the software free and play for fun.

Gambling online in South Africa is not Legal, but  you can play for fun.
The legalization of online gambling in SA in the near future is expected to send gaming and entertainment companies into frantic jostling for position. An amendment to the National Gambling Act looks likely to be passed into law in the next few weeks, making it legal for casino operators to offer lucrative online gambling services in the country, and to advertise in the South African media. The National Gambling Amendment Bill of 2006 proposes the licensing of operators offering online gambling.

Internet casinos use software downloaded by players, who buy credits to play through bank deposits or credit cards.

The new legislation states that all computer servers have to be located in SA, and players will need to register their personal details to be permitted to play.

Currently, South Africans are allowed to bet in online sports books, which are located inside the country. In reality, people have been gambling online, whether it is legal or not. Gamblers in SA have access to Silversands Casino and African Palace online sites, which operate from Swaziland, Cyprus and The Netherlands respectively.

The popularity of online gambling has grown phenomenally and, according to the Economist, there are an estimated 3300 online gambling websites in existence, up from 400 on 1999. Some $12bn worth of bets were placed online last year, half of which are thought to have been placed by Americans. Online gambling was outlawed in the US in the second half of last year, when that country's congress passed a bill to prevent banks and credit-card companies from processing payments to online gambling companies, sending the stocks of online gambling companies plummeting.

You can download and play free online casino's at www.gamblingonlinesouthafrica.co.za

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