South Africa
News & Analysis
Sports Betting Drives Growth In South Africa, Botswana, Malawi
News In Brief: November 14-November 18, 2022
South African Draft Remote Gambling Bill Aims To Fill Legal Gap
News In Brief: June 6-June 10, 2022
Research & Reports
Special Report: Africa Gambling Outlook 2019
South Africa: Parliament Passes AML Reforms
On February 28, 2017 the South African parliament passed the Financial Intelligence Centre Bill, which is expected to amend the Financial Intelligence Centre Act 2001 and enhance the legal framework in the fight against money laundering.
The “proceedings on bills” report of March 3, 2017 indicates that the parliament passed the Financial Intelligence Centre A/B Bill (33D-2015), which is due to be submitted for presidential assent.
A brief note on South Africa’s current proposed reforms
South Africa has attempted numerous times to introduce a coherent online gambling framework in the country. However, to date, online gambling activities in South Africa remain unregulated and, therefore, are prohibited, with the exception of online sports and horse race betting, which are regulated at provincial level.
This brief note focuses on the latest developments and proposals with regard to the online gambling market in South Africa.