South Africa Set to Regulate Online Poker SoonIllegal Operators Will Not Be Able To Apply For Licence Under New Proposals |
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South Africa has taken the next step towards the regulation of online poker with the publication of regulations for public comment according to Business Day magazine.
The proposals include the licensing of online poker rooms and the banning of operators currently offering games in the country.
The National Gaming Board is expected to issue up to 10 licences and players will have to open a dedicated gaming bank account which will have a limit of R20,000.
Anthony Puttergill, CEO of casino group Peermont told Business Day his company would apply for a licence but that many questions still needed to be answered. “We are still examining the regulation and have yet to submit our comments but we are concerned about the fact that it does not mention how many URLs each operator may have, how the licence will be enforced as well as where the gaming will take place.”
The regulations are expected to be adopted over the next few months.
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