Connect with us

Featured

Many SA online gamblers are breaking the law

Published

on

While online gambling in South Africa remains illegal, there has been a proliferation in recent years of websites that offer such services. However, few South Africans realise that by using these sites, they too are breaking the law and could face prosecution.

In South Africa the legislation is clear – Section 11 of the National Gambling Act states: A person must not engage in or make available an interactive game except as authorised in terms of this Act or any other national law.

According to Tasoulla Hadjigeorgiou, CEO of LottoStar, an approved and legal fixed-odds betting site of its kind to be launched exclusively to the South African market, there are certain exceptions for bookmakers who are authorised to use online platforms. “Any legal bookmaker, offering sports and fixed odds betting, who has an issued licence from a provincial gambling board has the right to operate an online site as well.”

“The fact is that many of the websites that South African consumers are using simply do not comply with this law, which means that the gamers making use of these services could face prosecution themselves.”

The Casino Association of South Africa (CASA) further states that much of the illegal online gambling activity is being run from internet cafes and places known as ‘entertainment lounges’ which the association says are mushrooming in South Africa.  “The concept behind these illegal gambling establishments is that they offer access to online gambling platforms which are outside of South Africa, as many sites offer the ability to transact in South African currency,” adds Hadjigeorgiou.

She notes that LottoStar, which provides the ability to make a fixed-odds bet on international lotteries, also ensures that every bet is underwritten by a reinsurer, meaning that when a player does win big, the pay-out is completely guaranteed. “If the site being used is illegal not only is there no guarantee that someone may obtain their winnings if they do hit the jackpot, there is also no recourse as these sites are not registered, monitored or subject to the laws of South Africa.”

A PwC survey reported that gross land-based casino gambling revenues totalled R16.5 billion in South Africa in 2013. With CASA estimating that 5% of all gambling spend is being channelled towards illegal online gambling, this demonstrates the huge scale of the problem.

“The laws surrounding online gambling are complex for most consumers to understand and they simply may not know that they are breaking the law by using certain websites. It is crucial that stakeholders work together to find solutions to ensure consumers are properly educated on the legalities and implications of the various platforms currently available,” concludes Hadjigeorgiou.

 

Featured

Welcome to world of 2099

The world of 2099 will be unrecognisable from the world of today, but it can be predicted, says one visionary. ARTHUR GOLDSTUCK met him in Singapore.

Published

on

Futuristic structures tower over the landscape. Giant, alien-looking trees light up with dazzling colours amid the hundreds of plant species that grow up their trunks. Cosmetic stores sell their wares via public touch-screens, with products delivered instantly in drawers below the screens.

This is not a vision of the future. It is a sample of Singapore today. But it is also an inkling of the world we may all experience in the future.

Singapore was the venue, last week, of the World Cities Summit, where engineers, politicians, investors and visionaries rubbed shoulders as they talked about the strategies and policies that would enhance urban living in the future.

As part of the Summit, global payment technologies leader Mastercard hosted a small media briefing by one of Singapore’s leading thinkers about the future, Dr Damian Tan, managing director of Vickers Venture Partners. The company’s slogan “We invest in the extraordinary,” offers a small clue to Tan’s perspective.

“We look as far forward as 2099 because, as a venture capital firm, we invest in the long term,” he tells a group of journalists from Africa and the Middle East. “Companies explode in growth because there is value in the future. If there is no growth, they won’t explode.”

The big question that the Smart Cities Summit and Mastercard are trying to help answer is, what will cities look like in the year 2099? Tan can’t give an exact answer, but he offers a framework that helps one approach the question.

“If you want to look at 81 years into the future, and understand the change that will come, you need to double that amount and look into the past. That takes us to 1856. The difference between then and now is the difference you can expect between now and 2099.”

Click here or on the page link below to read on: Page 2: Soldiers and Health in 2099.

  •    Arthur Goldstuck is founder of World Wide Worx and editor-in-chief of Gadget.co.za. Follow him on Twitter on @art2gee and on YouTube

New page:

Continue Reading

Featured

Street art goes electric

Kaspersky Lab and British street artist D*Face have unveiled the first-ever “art helmet” design at the Formula E finale for electric cars in New York.

Published

on

The ‘Save The World’ helmets will be raced by DS Virgin Racing’s drivers, Sam Bird and Alex Lynn, as they traverse the New York street circuit during the final races of the Formula E season.

The announcement signals the first art helmet by a Formula E team, continuing the heritage of art in motorsport and the cybersecurity brand’s commitment to contemporary art, creativity and innovation. D*Face took inspiration from Kaspersky Lab’s tagline, “A Company To Save The World”, and hopes that his colourful work will inspire people to take positive action.

D*Face will announce his first-ever art car design with a custom-made livery for the DS Virgin Racing Team. Its design will be released at the “Art Goes Green” event after Saturday’s race. The helmets and art car are the latest installations in the “Save the World” collection, following a major permanent public mural that was installed in Brooklyn, New York, in May.

D*Face, whose real name is Dean Stockton, said: “It is exciting to work with Kaspersky Lab on this project and create art with a real message of hope for a better future. After all, this is our world and we need to look after it. It will take every one of us to make a real lasting, impactful change. I love the mentality of the DS Virgin Racing Team and that of Formula E by showcasing sport in a way that doesn’t harm the environment, but is still just as exhilarating and fun.

“It is time for us all to stand together and make a change… be that stopping data steals, climate change, plastic waste or using damaging fuels. I want everyone to make a pledge to do one thing that will help make a change.”

As a sponsor of DS Virgin Racing Team, Kaspersky Lab is responsible for protecting the team’s devices against cyber threats. The company sees the technical environment in the global sport of Formula E as the next frontier in furthering its research and development of new technologies to keep vehicles secure in the digital world.

Sylvain Filippi, Managing Director at DS Virgin Racing, said: “The whole team fully supports this great initiative and our thanks got to Kaspersky and D*Face for their collaboration. It’s an honour to have such an innovative artist bring his talents to bear in our team ahead of the season-finale; the car, drivers’ crash helmets and mural all look amazing.”

Aldo Fucelli Pessot del Bo, Head of Global Partnerships and Sponsorships at Kaspersky Lab added: “There is a need for innovation on a global scale, both in contemporary art and in the fast-growing sport of Formula E. Now, for the first time ever, Kaspersky Lab is proudly bringing together the two sectors in an effort to Save the World and unleash creativity, encourage freedom of expression and further innovation.”

Continue Reading

Trending

Copyright © 2018 World Wide Worx