Gambling board to discuss taxation at conference

Thursday, April 7, 2011

Pretoria - The South African gambling landscape and taxation will come to the fore when the National Gambling Board hosts its sixth biennial conference in Durban later this month.

Developments on the international gambling front, the future of the limited payout machine industry, horseracing, betting as well as anti-money laundering and terror financing will form part of discussions at the conference scheduled for 18 - 20 April.

Issues of the role of the banking industry system in combating illegal interactive gambling and regulatory compliance of gambling equipment and software will also be addressed at the conference under the theme "Gambling driven by technology".

About 200 delegates comprising including operators and regulators, among others, are expected to attend the conference, following the successful conference of Gambling Regulators Africa Forum (GRAF), which was held in February this year. The February conference was attended by seven SADC government regulators.

"It is also a precursor for first ever International Association of Gambling Regulators conference to be held in South Africa, the region and the continent, in Cape Town in October 2011," said the Board.

"Over and above the conference, we will also ensure that we collectively protect the public against proliferation and overstimulation," said the NGB's CEO Baby Tyawa on Thursday.

The conference will be held at the Elangeni Hotel in Durban. - BuaNews

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