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п»їGolden Race receives certification to launch in South Africa.
With the certification, issued by Gaming Laboratories International (GLI) Africa, Golden Race is now able to offer its online products and solutions in the jurisdiction, the largest in Africa.
The supplier said it is the leader in virtual sports in jurisdictions such as Nigeria and Kenya, where it boasts 8 out of 10 virtual bets are placed through its products.
It virtual products include 3D virtual football, virtual keno, 3D horse racing and 24/7 live games.
The supplier’s V4 online solution provides an extended games portfolio and other updates to its features such as a new back-office, it said.
Golden Race experienced significant expansion throughout 2020. Following the onset of the novel coronavirus (Covid-19) pandemic, the supplier said it had signed agreements with 100 new operators during the first three weeks of the crisis.
Online gaming, except sports betting, remains prohibited in South Africa, with the jurisdiction’s National Gaming Board issuing a warning to operators in September reminding them that sports wagering is the only permitted form of igaming in the nation. Virtual sports betting is considered a legal form of sports betting, however.
Legal Sports Betting In South Africa.
When it comes to sports betting in South Africa, there are some very specific rules and regulations in place. Sports betting in South Africa is legal as long as you use the proper provider. Whether you live in South Africa or are planning a visit, this page will provide you with all of the necessary knowledge regarding sports betting laws and regulations in South Africa.
Gambling as a whole in South Africa has been through varying levels of legality throughout the nation’s history. Since the country was founded in 1673 gambling and sports betting of any kind were outlawed. These laws remained all the way until 1965 when horse race betting became the first legalized form of betting in South Africa. This was followed by the introduction of casinos in the late 1970s. Due to the placement of these casinos, they were unusable by a large portion of the country which led to almost 2000 illegal casinos being in operation by the mid-90s.
After a new democratic government took over in 1994, gambling was legalized across all forms in South Africa, albeit with certain limitations. South Africa saw an influx of casinos across the nation, but legal sports betting never received major backing in the country, due to years of restriction preventing the development of a serious betting market. Currently, there are no physical sportsbooks in South Africa, making online betting the only legal method. The catch is that all online betting must be done through an officially licensed, state-sponsored website. Unlike the US and other countries, South Africa explicitly prohibits its citizens from using unregulated online sportsbooks.
Legality Of Sports Betting In South Africa.
There are a variety of laws that set the current landscape for legal sports betting in South Africa. Today, the only form of sports betting in South Africa is through government-licensed online sportsbooks. Gambling in all forms was outlawed in South Africa since the nation first began. It wasn’t until the 1994 democratic revolution that gambling was legalized, and even then, in only select areas. These restrictions never allowed the sports betting market in South Africa to grow, as the only form of betting was through illegal means.
Brick-and-mortar sportsbooks were never a reality in South Africa and that extends to today. While you can’t bet on sports in person, there are some online sportsbooks that have acquired permission to serve South African customers. According to the National Gambling Act of 2004, online gambling, which includes sports betting, is illegal by any means unless the retailer acquires the proper license. This means that unregulated international sportsbooks are illegal in South Africa, both to operate and use as a customer.
Is Online Sports Betting Legal In South Africa.
Online sports betting is legal in South Africa as long as it is done through an officially licensed provider. Unlike the US and other countries, South Africa prohibits its citizens from using any unregulated international online sportsbook in addition to operating an unregulated online sportsbook. This means that there are limited options when it comes to betting on sports online in South Africa in 2021.
The few legitimate online sportsbooks that are available to South Africans are ones that have received approval and licensing from the Western Cape Gambling and Racing Board. Since these are smaller betting platforms, it is important for users to research and review their options when betting in South Africa. There are few laws in place that protect players if a website does not pay out their winnings, so be sure to do some additional research in order to verify the legitimacy of your provider.
South Africa Sports Betting Markets.
Once you get through the convoluted legality of South African sports betting, you will find that the country actually has a lively sports culture. Football (Soccer) has the most attention in South Africa, with international play gaining tremendous support since the nation hosted the 2010 World Cup. Due to South Africa’s international influence, you will also find plenty of fans of the English Premier League, La Liga, Serie A, NFL, NBA, and MLB throughout the country’s diverse population. South African bettors also love rugby, both union and league, and cricket, which reflects the country’s early British colonial influence.
Where South Africa Sports Betting Revenue Goes.
South Africa made a big push to turn its residents away from illegal betting methods and into the state-sponsored platforms. While illegal gambling does still remain a problem in South Africa, the country is reporting increasing betting revenue numbers from the official platforms every year since their official legalization. This money goes directly back into the gaming industry, which contributes to furthering the development of the South African gambling across the country. While many people in South Africa still use illegal betting methods, the goal is to bring more options and avenues into the fold so that players will be inclined to gamble their money with the approved providers and repurpose the money back into the country. Learn more about where sports betting revenue goes here.
Sports Betting In South Africa In 2021.
Sports betting is happening in South Africa through the use of the numerous legal international online sportsbooks available. While activity is on the rise, as is the number of sports wagering platforms, the revenue is also seeing a surge. However, the revenue from gambling in South Africa is combined into one total number with each aspect of the market is put together. Casino gaming, the Lottery, sports bets, bingo, and various machines that allow customers to gamble are all part of the final tallied figure. Almost $2 billion was projected to be seen in revenue for 2020. Of all sports bets placed in South Africa, horse racing has seen the most action thus far but all gambling markets in the country continue to see growth, sports wagering included.
Legal South African Betting Sites.
These are some of the sites that are approved by the Western Cape Gambling and Racing Board to accept bets from South African residents. Popular international betting sites like BetOnline or MyBookie are do not explicitly restrict people from South Africa to join their sites and bet on sports. However, you will be doing so at your own risk. Luckily, both sites have responsive customer service options that will inform you of whether or not they can accept your account. If you would rather stick to licensed and regulated sportsbooks in South Africa there are plenty of choices. With that in mind, here is a list of approved sports betting sites in South Africa.
Bet online with Spotonbets.
Welcome to Spotonbets South African online sports betting site. Spotonbets was launched to bring the fun and excitement back into sports and betting on sports for all South Africans sports fans. If you believe you have the skills and knowledge when it comes to sports why not back that up by placing a bet.
Launched in 2020, this platform provides world-class online sports betting. The brand is powered by an efficient and reliable provider (SBtech) which is recognised in Europe and the Americas. This leading sports betting platform will make sports betting for South Africans fun and easy to use. Whether you bet on your desktop computer or you just love betting on the go on your phone. Simply open an account today to join and when you make your first deposit, you could start betting with up to R3000 extra in free-bets.
South Africans love sports and the Spotonbets website caters for all sports. Bet on your favourite sport pregame or wait until the match starts and bet live or in-play. You can bet on soccer, rugby, cricket or tennis and more. Spotonbets offers over 65000 sporting events and sports betting markets. Whether you want to place a single bet on both teams to score, build a multiple rugby handicap bet, or you just want to place a daily sports accumulator, we have it all.
All activities and account information provided on the Spotonbets website is safe and secure. All data is kept in a secure encrypted regulated environment. Please feel free to contact us should you have any questions. Get in the action and bet on the winners with Spotonbets online sports betting.
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