South Africa Approved Internet Gambling

After years of researching about the affect of online casino games may have on the public, South Africa has moved forward to the Parliamentary approval of the National Gambling Amendment Bill.

The African nation’s DTI (Department of Trade and Industry) has introduced online casino games gambling by creating legislation for the licensing of interactive gambling operators. Once the Bill is universally accepted, it will be referred to South Africa’s President, Thabo Mbeki, for dissemination after which it will become law.

Software vendors providing online gambling platforms will be required to obtain a national license for key staff as well as for the interactive software itself. In addition, licenses will be needed for related equipment along with the suppliers and maintenance providers of that equipment.

The goal of the Bill is not to help online casino games websites, but to ensure online casino revenues reach the national treasury. Moreover, its purposes are to retain interactive gambling players in South Africa and prevent underage or problem gambling.

As a result of online casino games website's being banned from the US, more and more online casino companies are investing in other parts of the world. It seems that apart from American online casino players, every online casino players all over the world can enjoy online slots, online blackjack, online keno, online roulette and much more from anywhere at anytime.

USA is planning to claw back $120 million from 888.com

After the UIGEA was implemented in the US, online casino games companies and online casino firms were expected to tumble down or even be out of business. In fact, most of the large online casino games companies are almost fully recovered. Now, US authorities have decided to claw back more taxes and profits from online gambling companies and firms which had operated at the US previous to UIGEA

The UIGEA has caused to the entire online casino games business major losses last year. Nonetheless, in other parts of the world such as Europe, Latin America and Asia online casino games companies are beginning to find alternatives to the inaccessible American market. For instances - Playtech, the world's leading online casino games software provider, has shown an 80% jump in all non-US revenues and it's on its way to full recovery. This jump in revenues allows online casino sites such as Spectra Casino and others to offer high casino cash bonuses , just like the good old days.

888.com will face a barrage of questions on speculation that the US authorities are planning to claw back up to $120 million (GBP60 million) from the firm. Over half of 888.com's revenues came from the US at the time of America's ban, but the company only reduced its headcount by 24 percent. Analysts believe that the growth 888.com has is now underpinned by a strong appetite for internet gambling in the UK, particularly among women.