Count the Republic of South Africa among the nations planning to legalize and regulate online gambling, rather than prohibit it.
A draft bill approved by the South African Cabinet will legalize online gambling if it is enacted into law. Provincial governments are concerned about losing a tax revenue source since online gambling is available via online casinos, online poker rooms, and bookmakers.
According to South African trade and industry deputy director-general Astrid Ludin, the key challenge is to effectively regulate all internet gambling and also how to put in place mechanisms to prevent money-laundering.
The Trade and Industry ministry evaluated other national approaches toward regulating online gambling, including the UK and the US, eventually deciding that regulation was a better option than prohibition.
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