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IS GAMBLING LEGAL IN SOUTH AFRICA? In April 2007, Rep. Barney Frank (D-MA) introduced HR 2046, the Internet Gambling Regulation, Consumer Protection, and Enforcement Act, which would modify UIGEA by providing a provision for licensing of Internet gambling facilities by the Director of the Financial Crimes Enforcement Network. Several similar bills have been introduced since then in the House and Senate.
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At stake is an industry that NBA commissioner Adam Silver pegged at nearly $400 billion in a New York Times editorial from 2014.
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We can wait and see what the future of online gambling and social gaming will bring. Once gambling operators make a move onto social media, there will be a huge challenge for companies who have been providing free games on Facebook. Smaller companies will have a much tougher time to process a business model to legalise real money betting.
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Our gambling laws date back to the 1960s. Since then attitudes to gambling have changed and the law has failed to keep pace with rapid technological change. Gambling is now a diverse, vibrant and innovative industry and a popular leisure activity enjoyed in many forms by millions of people. The law needs to reflect that.
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