a growing expectation to reduce the regulatory burden, with efficiency and integrity. Tis expectation can never be met without national norms and standards.
In September 2019, Te National Gambling Board initiated a stakeholder engagement process requesting submissions on National Norms and Standards. Frustratingly, the process has come to a grinding halt apart from having received a consolidation of the stakeholder submissions in this regard.
A love of sports, higher internet penetration rates and a fast-growing younger population means there is a growing demand for online gaming in many jurisdictions across Africa. Despite this, is an updated and fully regulated online industry in the majority of jurisdictions still a long way off?
In South Africa I believe it is still a way off. On the rest of the Africa continent, there is already a more liberal view held regarding online casino content that is housed alongside sports and lottery betting. Te need to balance regulation, tax generation and responsible gambling access is a continual challenge for regulators.
Where do you expect to see specific online legislation in place over the coming years? Do you expect Covid-19 to expedite or slow down the implementation of regulated online gaming across African jurisdictions?
Gambling regulators across the continent meet on a regular basis at organised forums and the debate rages on. It is one of the hardest things to predict and I believe that several jurisdictions will most likely follow South Africa’s lead on this. I think Covid-19, coupled with the current product market trends of live dealer and RNG based games in the betting industry, will certainly force the topic back on everybody’s agenda.
What can South Africa's neighbours learn from its gambling framework?
In September 2019, The National Gambling Board initiated a stakeholder engagement process requesting submissions on National Norms and Standards. Frustratingly, the process has come to a grinding halt apart from having received a consolidation of the stakeholder submissions in this regard.
Jurisdictions should continue to strive for a stable regulated market with taxation certainty.
Regulators must have a strong zero tolerance law enforcement component that uploads the regulatory regime. In a decentralised regulatory environment such as South Africa, there must be a national norms and standards framework to ensure a streamlined and consistent regulatory environment.
WIRE / PULSE / INSIGHT / REPORTS P111
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