R10 million rand fine and or 10 years in prison for playing slots.
I loll'ed.
R10 million rand fine and or 10 years in prison for playing slots.
I loll'ed.
You can just tunnel via another country in order to circumvent this.
WesBank
How Can We Rape You?
Can you tunnel your Credit Card when you attempt to deposit funds to play?
Can I tunnel my winnings into a foreign bank account if I win this?
Here's my Q
As a South African, can I gamble online when I'm visiting the UK?
ok.. so there goes that job. **** graduating is turning out to be a nightmare with no escape
When have you demonstrated leadership skills?
"Well my best example would be in online video gaming. I pretty much run the show; it takes a lot to do that."
Simply the government wanting to tax operators whom have no way to pay the guavamint.
Stupid ruling! If goverment had done their work since 2008, applications would've been made.
Paypal account and off you go to European sites.
/me fires up partypoker via vpn. um, now what? Oh right, winnings ... I don't win, so that's fine![]()
I don't like gambling but I like the SA government even less. Fück them and their stupid greed.
And this is the bottom line.
They'll just enforce it via the banks. I.e go to Standard Bank and say that if they transfer money to Piggs they are engaging in an illegal activity, banks will have no option but to comply. Piggs probably figures its easy just to comply now than to risk struggling to get a license in the future.
From the comments I don't think people know how this actually started. Piggs started advertising their casino on SA television. The Gambling committee then got SABC (or whoever) to stop broadcasting these adverts as it was in contravention of the Gambling Act (or something not 100% on this). Piggs then instituted the original claim to get their adverts re-instated. This lead to the original decision that their business was illegal, which Piggs then appealed to the Supreme Court. This has very little with the government wanting to get their hands on Piggs profits, until Piggs briught it to their attention.
I get the feeling Piggs is pretty pissed with the legal team who thought they could win the original action.
Piggs Peak catered almost exclusively to South Africans. In technical terms they may have been an international online casino, but their target market was South Africans. By doing so but not being a company registered and operating from South Africa, they were able to avoid South African taxes, and I'd not be surprised if they were commiting some degree of fraud and getting away with it, too.
read: online gambling, with the fact that the entire system could be rigged such that the house wins with better 'odds' than even 'real' casinos can do, can potentially be far more profitable than a real casino. Considering there is no physical casino establishment to maintain, the operating costs can also be significantly lower while, in relative terms, the profits can be higher than a physical casino.
Anyway, I don't like this law either. So the companies running the operations are being banned on the basis of not operating from within South Africa and thus being able to avoid taxes? Have them move their systems and operations to South Africa! You don't see the government banning tourism because other countries are profiting from South Africans heading there to spend their money. You don't see the government banning imports of goods from foreign countries that don't go through a South African company. You don't see the government banning any technology developed by another country and sold to South African companies or individuals.
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