Botswana to launch new regulated gaming market

Botswana to launch new regulated gaming market

Monday, February 29, 2016 Totally Gaming
The south African country will now licence most forms of gambling

Botswana has become the latest African nation to liberalise its gambling market, with a new licensing system set to be launched in April.

The regulations, which were drawn up under the terms of the Gambling Act 2012, tighten control measures for the sector and cover all land-based and digital betting in Botswana, including casino, betting, bingo and lottery. Another major change for the country, which has a population of more than two million and lies directly north of South Africa, will be the introduction of a new regulatory body, the Botswana Gambling Authority (BGA), headed by chief executive Thuli Johnson.

The changes will be introduced during the same month that key figures from across the continent’s gambling sector head to Lagos, Nigeria for the Clarion Events-organised WrB Africa.

Speaking to the Botswana Daily News newspaper, Johnson explained that the BGA would be taking over regulation of the country’s 10 existing land-based casinos, while any other firms wishing to operate must now apply for a licence.

“The gambling authority is now responsible for oversight and supervision of money laundering, financing acts of terrorism and all the subsequent acts within the sector,” he said. “We rely on the operators to comply and put in necessary resources as reputation could be lost due to non compliance.”

WrB Africa will see regulatory updates from a number of African nations, with executives from major operators also set to offer their expertise in what promises to be a comprehensive learning programme.

* WrB Africa will take place in Lagos, Nigeria from April 11-12. For more information visit http://africa.wrbriefing.com

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