Ladbrokes Suggests A South African Sports Betting Association
LADBROKES SUGGESTS A SOUTH AFRICAN SPORTS BETTING ASSOCIATION
22nd December, 2011 at 10:58:57Source: http://www.azonlinecasinos.com
Trade association could promote best practices and standardisation.
The South African office of betting group Ladbrokes has suggested that a trade association of gambling groups operating legitimately in the South African online gambling market should be established to promote best practices and standardisation.
Speaking to IOL Business News, Ladbrokes SA marketing manager Anli Kotze said: Sports betting is relatively new to the South African market and although it is a highly regulated industry, an industry association will establish collaboration between licensed operators, regulators and our customers.
Such an association would also provide the industry with a unified voice on industry and regulatory issues, she added.
SA's online sports betting market is currently worth about Rands 660 million and is expected to grow to about Rands 800 million over the next two years. Unlicensed online sites operating illegally within SA are currently costing the government millions in lost tax revenue and are affecting the potential growth of legal online operators, Kotze claimed.
Her company entered the South Afrcian online sports betting market in August this year (see previous report) under a licence from the Western Cape Gambling and Racing Board.
LEBANESE CRACKDOWN AHEAD FOR ONLINE GAMBLING?
31st March, 2015 at 16:14:51
Senior State Prosecutor urges enforcement agencies to pursue illegal online gambling operators and prosecute gambling brand and copyright pirates.
Full Story: Lebanese Crackdown Ahead For Online Gambling? »
BETCONSTRUCT TO PROVIDE ODDS TO GAMING1
30th March, 2015 at 16:06:00
Odds feed covers over 20,000 matched a month.
Full Story: Betconstruct To Provide Odds To Gaming1 »
POLOLO GAMING SIGNS WITH ENDORPHINA
30th March, 2015 at 11:28:16
Three online casinos in the group will carry Prague developer's games.
Full Story: Pololo Gaming Signs With Endorphina »
ONLINE GAMBLING TURNKEY PROVIDER INKS TECHNOLOGY DEAL WITH ORACLE
26th March, 2015 at 21:25:39
Optima's goal is to incorporate cutting edge analytics and security technology into its products.
GAMING REALMS PROVIDES UPDATE
25th March, 2015 at 20:54:05
2014 a "transformational" year
Full Story: Gaming Realms Provides Update »