Several internet gaming companies are poised to set up operations in South Africa as new legislation seems ready to pass. The bill known as the National Gambling Amendment Bill has already been approved in the nation’s National Assembly and the National Council of Provinces, as well. The bill is now just waiting for President Thabo Mbeki to sign it into law. Details of the regulation include requiring all online players to register with a licensed interactive gambling provider and submitting an affidavit that they at least 18 years old.
Although currently online gambling is illegal in South Africa, the new bill finally will allow it with government supervision and regulation. A good part of the governmental control system is an electronic monitoring system will help pick up addictive behavior and limit credit extensions. At least two companies have already confirmed their willingness to open up online operations in South Africa once the law passes. Bwin Interactive Entertainment and the Victor Chandler International Group have plans in development to take advantage of the new market and surely more companies will follow suit.