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Gambling actively integrated into lives of most citizens of the Republic of South Africa after the fall of the apartheid regime, when Nelson Mandela came to power in 1994. However, the changes affected not only the gambling aspect, but also many areas of human relations.
The new authorities opened a small window into the world of gambling, allowing the infrastructure development of land based casinos. The process was regulated by a law called South Africa's Gambling Act.
This Act added to permitted sports betting and horse racing the ability to legally operate slot machine halls and full-fledged gambling facilities that have all the signs of a casino.
Official permission helped to legalize 2 thousand casinos that had previously worked illegally, and the lion's share of them was concentrated in large cities. The largest city in South Africa Johannesburg has become a leader in the number of gambling facilities.
National Gambling Act was edited twice, in 2004 and 2008, each time expanding the gambling operators’ powers related to the types of activities. But the legislation never touched upon the issue of rapidly developing Internet gambling, and that led to a certain dissonance.
Nowadays, online gambling is represented everywhere in South Africa. Hundreds of international bookmakers and online casino and poker operators have financial relations with citizens of the country, but the state budget doesn’t get a single rand.
In the last few years, the National Assembly of South Africa, which is the lower house of the Parliament, addressed the issue of online gambling legalization several times, but each time the initiative wasn’t supported by the majority.
The only thing that was “pushed” through the Parliament by people lobbying for the online gambling industry is a partial permission for activities of betting companies. The permission refers only to sports betting and horse racing, which are recognized as a sport in South Africa.
Due to the lack of instruments to regulate the online gambling market, players from South Africa don’t have to pay any taxes.
As there are no licensed operators in the country, South Africans’ financial transactions with international companies are carried out through electronic payment systems, which completely exclude any control by the state.
The popularity of digital wallets is caused by one important circumstance. Any transaction to a gambling operator through the banking structures of the country is risky for financial institutions and is punished with a fine of 700 thousand dollars or 10 years in prison.
Surprisingly, the authorities have no claims against players, and there are no penalties for financial relations with international gambling operators.
There are also no mechanisms to collect taxes from operators. All online gambling in South Africa is in the shadow, and the state doesn’t benefit from this process. The exception is bookmakers who have obtained a license from the state.
The regularly developing world of online gambling updates daily in many aspects. New operators and software manufacturers appear, new games are released, operation rules of particular Internet resources change.
Not to get lost in this endless sea of information, OceanCasinos offers the well-structured, systematized site with reliable quality content.
OceanCasinos will show to experienced players small but essential details of playing in the online casino, and for beginners it will become a real guide in the world of online gambling.
Here you can find a whole set of tools to help you choose a place to play. The OceanCasinos team will protect players from losing money due to the lack of information on a particular operator or type of gambling.