Legal and political developments bring uncertainty
Due to recent legal and political developments in the country and abroad, probably one of the most advertized online gambling groups in South Africa, the Silversands online gambling group has faced a location crisis.
Ever since a South African Judge ruled that until the South African Government passed different laws, online gambling remains illegal in the country, the company was forced to pause its TV advertising campaigns and player services.
The location problem got a new dimension with the recent moves made by the Government of Cyprus, where the company is also present. Namely, the government has been inclined to impose a ban on online gambling, and the law which proposes the ban is currently waiting for the European Commission for approval, after which it will be returned to the Cyprus Parliament for prompt final passage.
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