Nine provincial regulatory bodies to be coordinated
The South African National Gambling Board revamped its corporate identity and announced ambitious plans for the future in an attempt to ensure that nine provincial regulatory bodies adhere to the same general legislative guidelines, a difficult mission which already attracted public attention.
The chairwoman of the Board, Linda De Vries launched a new logo this week, saying that the board wants to be perceived as transparent, balanced and dynamic. She added that the government assigned the national board a mandate to oversee issues rečated to casinos, gambling, betting and wagering, as well as to promote uniform gambling norms and standards throughout South Africa.
“The NGB has noted that as a result of the lack of uniform norms and standards, the gambling sector in South Africa has found itself confronted by various challenges emanating from divergent regulatory approaches by the provincial licensing authorities,” De Vries said, admitting there were some coordination problems due to existence of nine provincial regulatory boards.
Therefore, it was an incumbent on the national board to draft comprehensive national norms and standards "...intended as a minimum code of general best practices and guidelines for the gambling industry and for the country."
She added that NGB plans to a review of the existing legislation in cooperation with the nine provincial regulators.
According to Board statistics, gambling is a popular pastime in South Africa, as between 2010 and 2011, the total gross gambling revenue from betting grew by 20% y-o-y, from R1.604 billion to R1.924 billion from operations of some 400 totalisator outlets, telebet centres and almost 300 bookmakers.
Market share of the legal bookmakers increased to 37% from 33% in 2010, in view of the substantial sports betting growth, whose contribution to gross gambling revenue doubled over the recent years.