16th of April 2010 Author: Glo Wood
What does this Gibraltar-based bookie know that we don't?
What does the Gibraltar-based online bookie Victor Chandler know that the South African industry does not? That's the question South African betting firms were asked themselves this week after a news item appeared in Business Report announcing the start of online gambling operations in South Africa by the bookie on April 28th.
According to government officials quoted in television documentaries recently, online betting remains illegal, although the government is moving ponderously toward legalisation.
Probably motivated by the start of the Word Cup football spectacular in South Africa in June this year, Victor Chandler has confirmed that it is to launch an online betting service in South Africa on April
28, in time for the semifinal of the European Champions League.
Each customer opening an account and placing a bet on the semifinal, will be able to take part in a draw for two tickets to the Champions League final in Madrid on May 22.
Business Report identified Chandler's main competition in South Africa as the Johannesburg Stock Exchange listed betting group Phumelela.
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