National Gambling Board seeks foreign help over illegal online gambling
South Africa’s National Gambling Board is engaging overseas regulators to address offshore gambling platforms targeting local customers without domestic approval. The board estimates unlicensed activity at up to R5 trillion, compared with about R75 billion in turnover for licensed online operators over the past year. It has also proposed policy discussions on online gambling, betting exchanges and tracing historical losses.
Overseas regulatory cooperation and proposed policy discussions could shape enforcement against offshore platforms targeting South African customers.