Online gamblers warned in SA

He emphasized that online betting stayed unlawful in the country. The minister was addressing correspondents on Wed. on the results of the Betting Review Commission. Baby Twaya, the nation's Grambling Board Manager, claimed one may be fined up to R10 million if caught taking part in online betting or face ten years in the slammer. The commission was set up 3 years back by the dept to take a look at the betting landscape from 1996 to the present and appraise its social and commercial effect on folks, among other stuff. In its discoveries, the commission has announced that since 1996, betting had grown into a "small but maturing sector." it revealed that gross betting earnings had doubled between 2001 and 2009 and now stood at R15.921 bill ( R18.129 bn. including Lotto ). In 2009 alone, the industry had generated R1.5 bn.

in tax cash for provincial executives. The betting sector also accounted for fifty six 958 direct roles, while the casino industry had made 51 317 roles.

The commission has additionally disclosed the betting industry drew almost all of its customers regionally, instead of from travellers. Among its proposals, the commission recounted that loot on the Unlimited Payout Machines should be raised from the present R500, as the implementation of the machines in poorer communities hadn't been successful. Davies, who briefed Parliament's Portfolio Board on Trade and Industry, related both the nation's Assembly and Countrywide Council of Provinces would look into the report and make suggestions.