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South Africa's Hollywoodbets Connect seeks expansion through network licenses South AfricaHollywoodbets, a prominent South African betting company, has ventured into the telecommunications industry by launching an Internet Service Provider (ISP) called Hollywood Connect. The company has applied to the Independent Communications Authority of South Africa (Icasa) to acquire two network licenses that would allow it to operate as a national ISP.May 26, 2024
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South Africa's FSCA authorizes 75 Institutions as crypto asset service providers Cryptocurrencies South AfricaThe Financial Sector Conduct Authority (FSCA) has officially confirmed the list of currently approved Crypto Asset Service Providers (CASPs). In response to misleading statements in the media claiming exclusivity in licensing, the FSCA clarifies that it has approved a total of 75 institutions as CASPs under the Financial Advisory and Intermediary Services (FAIS) Act, No. 37 of 2002. The comprehens...April 27, 2024
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Combined Gambling and Liquor Board will be created in the South African province of Northern Cape Regulation South AfricaA unified Gambling and Liquor Board is set to be established in the Northern Cape province as outlined in the recently published Northern Cape Gambling and Liquor Act.April 21, 2024
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DA introduces South African remote gambling bill South Africa RegulationThe Democratic Alliance (DA) presented its Remote Gambling Bill, 2024, in Parliament on April 17th, following two years of preparation and consultations with industry professionals. This move is in response to the ANC's failure to provide sufficient protection and regulation in the online gambling industry.April 18, 2024
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Luno secures first crypto asset service provider license in South Africa Cryptocurrencies South AfricaLuno has become the first dedicated crypto asset service provider in South Africa to receive its financial services provider license under the new regulations.April 14, 2024
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Hacksaw Gaming and Supabets partner to bring new games to South African players South AfricaHacksaw Gaming and Supabets are celebrating their partnership this week, which has brought a range of Hacksaw games to Supabets' platform, now the exclusive provider of Hacksaw's games in South Africa.April 13, 2024
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Nolimit City expands into South Africa, signaling global growth South Africa NolimitNolimit City Marks Its South African Debut! March 25, 2024 Nolimit City, renowned for its innovative and boundary-breaking slot games, has officially entered the South African market, marking a significant expansion move.March 25, 2024
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Sun International's revenue surges by 5.5% in 2023 South AfricaSouth African company Sun International's 2023 revenue reached R12.10 billion. This figure increased by 5.5% compared to the previous year. This is stated in the operator’s report published recently.March 18, 2024
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South Africa's National Gambling Board reports increased turnover Regulation South AfricaThe Portfolio Committee on Trade, Industry and Competition was briefed by the National Gambling Board (NGB) on its performance in the first and second quarters of the 2023/24 financial year.February 28, 2024
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South African government aimed at cracking down on tax evasion related to cryptocurrency Cryptocurrencies South AfricaThe South African government has passed a new law aimed at cracking down on tax evasion related to cryptocurrency and NFT trading.November 16, 2023