South African legalise internet gambling | IXGAMES
The South African gambling industry has had a frustrating wait for its government to draft regulations to legalise internet gaming. It appears that the South African government is following the footsteps of the UK, as local media reported that a draft amendment bill appointed by the Cabinet last week is to be finally passed into law. 
The South African online gambling industry has been outlawed by the National Gambling Act of 2004, under the premise that more in-depth research was needed into the regulatory frameworks of the UK, US, and Australian markets. Minister of Trade and Industry, Mandisi Mpahlwa, received two years to draw up regulations to govern internet gambling, which will be regulated in terms of the proposed Gambling Amendment Bill. The international market research companies estimate that the global online gambling industry could triple to $25 billion per year by 2010.