SUBMISSION BY BETFAIR LIMITED

Slides:

Advertisements

Similar presentations

Division: EIDD WTO TBT Workshop on Good Regulatory Practice March 2008 Focus on Transparency and Consultation.

Advertisements

MODERATOR: CHRISTIAN KALB (CK CONSULTING) PHILADELPHIA – 29 OCTOBER 2014 INTERNET GAMBLING SESSION.

PRESENTATION TO PORTFOLIO COMMITTEE ON COMMUNICATIONS ON THE REPEAL OF SECTION 16(5) OF THE POSTAL SERVICES ACT NO124 OF 1998.

1 SG C Commission Communication on EU Regulatory Fitness COM (2012) 746 Working Group on Better Regulation Meeting of 4 th March, 2013 Michael Gremminger.

The Corporate Laws Amendment Bill, B6/2006. © 2006 Deloitte Touche Tohmatsu Corporate Laws Amendment Bill, B6/2006 – 29 May 2006 Introduction Presenting.

Presentation to the Joint Committees’ Meeting on Second 2010 FIFA World Cup South Africa Special Measures Bill (proposed section 76 B ) and 2010.

1 Municipal Property Rates Amendment Bill Presentation to Portfolio Committee on Cooperative Governance and Traditional Affairs October 2013.

Cost Benefit Analysis of Interactive Gambling Act 2001 Presented By: Josephine Chuk & Paul You.

Financial intelligence centre REPUBLIC OF SOUTH AFRICA Presentation to the Portfolio Committee on Trade and Industry on the Report prepared by the Gambling.

Financial intelligence centre REPUBLIC OF SOUTH AFRICA Presentation to the Portfolio Committee on Trade and Industry on Online Gambling 2 March 2012 Presentation.

Illegal Interactive Gambling The role the banking industry system can play in combating this challenge Presented by : Elijah Mazibuko.

State-By-State Internet Gaming Expansion GamblingCompliance National Council of Legislators from Gaming States| June 15, 2012 GamblingCompliance.

Oral Submission on the Tobacco Products Control Amendment Bill, 2008 to the Parliamentary Portfolio Committee on Health JT International South Africa (Pty)

GAMBLING REVIEW COMMISSION’S REPORT PRESENTATION OF THE GAMBLING REVIEW COMMISSION’S REPORT BEFORE THE SELECT COMMITTEE ON TRADE AND INTERNATIONAL RELATIONS.

Submissions on Remote Gambling Bill [PMB3-2015] & DTI Gambling Policy- Parliamentary Portfolio Committee on Trade & Industry 3 June 2015 Garron Whitesman.

Emergency Briefing Remote Gambling - European Update THIBAULT VERBIEST Attorney-at-law at the Brussels and Paris Bars Founding Partner of ULYS LawFirm.

Appendix E – Checklist for Review of Performance Audits Presented by: Ashton Coleman Department of Defense Office of the Inspector General August 16, 2012.

PRESENTATION TO THE PORTFOLIO COMMITTEE ON TRADE AND INDUSTRY OVERVIEW OF GAMBLING ACT AND CHALLENGES DELEGATION 1.Ms Nomfundo Maseti – Acting DDG: CCRD.

2 nd National Energy Efficiency Strategy Review EELN Consultation Workshop 24 April

2007 NAB’S ORAL REPRESENTATIONS TO THE PORTFOLIO COMMITTEE ON COMMUNICATIONS REGARDING THE ELECTRONIC COMMUNICATIONS AMENDMENT BILL [B ] 31 OCTOBER.

Making South Africa a Global Leader in Harnessing ICTs for Socio-economic Development South African Post Office SOC Limited Amendment Bill, 2013 Department.

UN Guiding Principles on Business and Human Rights: Weaknesses and Way Forward XII International Human Rights Colloquium, Sao Paulo, 14 October 2012 Phebe.

16 November 2011 Presentation to the Portfolio Committee on Trade and Industry.

SUSTAINABLE MARKET SOLUTIONS FOR GLOBAL ENVIRONMENTAL PROBLEMS Vested Interests in the Political Economy SUSTRA Workshop, January 2004 Mike Wriglesworth.

BRIEF BACKGROUND OF PERSONAL INTEREST IN THE SECTOR * Practising attorney in the sector * Piggs * 2004 Act committee participation/report to.

Creating sustainable value PRESENTATION TO THE HONORABLE MEMBERS OF THE HEALTH PORTFOLIO COMMITTEE OF PARLIAMENT ON THE OCCASION OF THE PUBLIC HEARINGS.

The Consumer Protection Bill Presentation to the Portfolio Committee on Trade and Industry 3 September 2008 Ref No

The New Belgian Gambling Regulation in the European Context Gambling Regulation in Europe Leuven, 10 November 2009 Nele Hoekx Institute for Contract Law,

CREDIT LAW REFORM 2004 WORKSHOP: PARLIAMENT: PORTFOLIO COMMITTEES INTRODUCTION.

FINANCIAL INTELLIGENCE CENTRE

IPASA presentation to Portfolio Committee on Health 31 October 2014 Abeda Williams.

Competition Amendment Bill, 2008 AMENDMENTS TO THE COMPETITION AMENDMENT BILL DATE: 7 October 2008 Zodwa Ntuli – DDG: Consumer and Corporate Regulation.

PRESENTATION TO THE PORTFOLIO COMMITTEE ON TRADE AND INDUSTRY 1 CHEESE AGREEMENT MR. VICTOR MASHABELA CHIEF DIRECTOR: BILATERAL TRADE RELATIONS INTERNATIONAL.

1 PARLIAMENT BRIEFING 08 AUGUST 2007 DRAFT NATIONAL ENVIRONMENTAL MANAGEMENT: WASTE BILL.

Medical Schemes Amendment Bill, 2002 Department of Health Briefing to Portfolio Committee on Health 3 September 2002.

1 Intellectual Property Laws Amendment Bill – Progress on Redraft Presentation to the Portfolio Committee on Trade and Industry – 29 June 2011 Adv Mongameli.

The EU Directive on "Services in the internal market", COM(2004) 2 final/3 Agnese Knabe Project coordinator European Public Health Alliance Civic Alliance.

Portfolio Committee for Health Medicines and Related Substances Amendment Bill (06/08/08) IMSA represents Research Based Pharmaceutical Companies.

Do not delete. To restore built-in colour schemes, open Title Master, double click these symbols and set as default. Electronic Communications Amendment.

PRESENTATION TO THE PORTFOLIO COMMITTEE ON TRADE AND INDUSTRY COMPANIES BILL [B ] 13 August 2008 By: Bernard Peter Agulhas – Acting Chief Executive.

REMARKS TO THE PARLIAMENTARY PORTFOLIO COMMITTEE ON THE SOUTH AFRICAN NATIONAL GAMBLING BILL William R.Eadington, Ph.D. Professor of Economics Director,

Presentation to the Portfolio Committee on Safety and Security Cape Town 4 th May 2001.

THE NATIONAL GAMBLING AMENDMENT BILL, 2007 Briefing to the Select Committee on Economic and Foreign Affairs 10 October 2007.

INSURANCE LAWS AMENDMENT BILL Finance Portfolio Committee Parliament 30 May 2008 Council for Medical Schemes Alex van den Heever (Technical Advisor to.

Submission to The Portfolio Committee of Trade and Industry

Protection in a Digital Age:

The Citizen in the centre in EU, Bratislava November,2005

Corporate Laws Amendment Bill Submission to Portfolio Committee on Trade and Industry 23/05/ May 2006 PwC.

Towards a Regulatory Framework for Climate Change Briefing to Portfolio Committee on Environmental Affairs May 2017.

Interactive Gaming Council Board Meeting I-Gaming Legal status

THE NATIONAL GAMBLING AMENDMENT BILL, 2007

FINANCIAL INTELLIGENCE CENTRE

PRESENTATION BY THE LOA TO THE PORTFOLIO COMMITTEE ON FINANCE

PROGRESS MADE REGARDING LEGISLATION PORTFOLIO COMMITTEE ON LABOUR

Play Online Satta Matka Game To Win Money

SACF Comments on the ECA Amendment Bill B

The Banking Council South Africa

Medicines and Related Substances Amendment Bill RETAILERS’ ASSOCIATION Health Portfolio Committee, 6 August 2008.

TRANSPORT LAWS & RELATED MATTERS AMENDMENT BILL, 2012 PORTFOLIO COMMITTEE ON TRANSPORT 20 November 2012.

Prof. Dietmar Hoscher, ECA Vice-Chair

Telkom Submission on the National Credit Bill

CELL C PRESENTATION DRAFT ELCTRONIC COMMUNICATIONS BILL, 2007

CHEESE AGREEMENT BETWEEN SOUTH AFRICA AND THE EUROPEAN UNION

Amendments to the Liquor Bill, 2003

PUBLIC HEARINGS ON THE BROADBAND INFRACO BILL, 2007

RULES BOARD FOR COURTS OF LAW

Comments on the Competition Amendment Bill

BRIEFING TO THE PORTFOLIO COMMITTEE ON TRADE AND INDUSTRY BY the dti ON THE NATIONAL GAMBLING POLICY 09 March 2016 Mr MacDonald Netshitenzhe – Acting.

Amendments to the Liquor Bill, 2003

Legal Practice Amendment Bill

Presentation transcript:

SUBMISSION BY BETFAIR LIMITED to the Portfolio Committee on Trade & Industry in respect of the National Gambling Amendment Bill, B31 - 2007 22 August 2007

OUTLINE Introduction Presenters and structure (section 1 of written submission) Summary of Betfair’s submissions (section 2 of written submission) Betfair (sections 3 and 4 of the written submission) Context (section 5 of written submission) Scope of global regulated interactive gambling The effect of prohibition Substantive submissions (section 6 of written submission) Exclusion of certain activities under the Bill (section 7 of written submission) Undesirable practical impact of certain provisions and omissions (section 8 of written submission) Conclusion and Recommendation (section 9 of written submission) Q&A

INTRODUCTION Presenters and Structure Summary of Betfair’s submissions Betfair and its aspirations in South Africa in the context of the Bill

CONTEXT: SCOPE OF REGULATED GAMBLING ON THE INTERNET UK legal online gambling market in 2006 - ZAR11.5bn Online fixed odds Online Poker Online Casino Exchange Tote, 1% 31% 25% 30% 14% Total P2P = 40% Global legal online gambling market in 2006 - ZAR90.6bn Online sports Online Poker Online Casino ?? betting 25% 33% 42% Total P2P = at least 25% Source: Global Betting and Gaming Consultants 2007 1 GBP: ZAR 14.5

CONTEXT: THE EFFECT OF PROHIBITION Global illegal gambling market in 2006 - ZAR1,117bn China Other Asia US ROW 50% 15% 30% Compared to: SA entire regulated UK entire regulated market – ZAR1.5bn market - ZAR137.8bn Source: Global Betting and Gaming Consultants 2007 1 GBP: ZAR 14.5

SUBSTANTIVE SUBMISSIONS – EXCLUSION OF CERTAIN FORMS Background to the proposed exclusions Any exclusion undermines regulatory objectives No policy basis for the proposed exclusion The proposed exclusion is discriminatory If exclusion is justified, it can be circumvented Parliament should anticipate future regulation of excluded forms

THE REGULATORY EFFECT OF PROPOSED EXCLUSION Exchange Online Poker Online fixed odds Tote, 1% Player-to-player Online Casino 25% 14% Not regulated under Bill = inadequate control = inadequate protection

SUBSTANTIVE SUBMISSIONS – UNDESIRABLE PRACTICAL EFFECTS Player protections not uniformly imposed on all providers Bill is not technology neutral: favours existing gambling activities Onshore server requirement handicaps regulatory objective Age verification measures are inferior Specific provisions undermine player retention and sustainability Specific drafting creates uncertainty

THE COMBINED PRACTICAL EFFECT ON REGULATORY SCOPE Exchange Online Poker Online fixed odds Online fixed odds Tote, 1% Player-to-player Online Casino 25% 14% Outside scope of Bill = inadequate control = inadequate protection

CONCLUSION Policy framework informing the Bill is both sound and achievable Current draft of Bill demonstrates a less than comprehensive understanding of both policy and operational issues Cumulative effect of the proposed exclusion of P2P and shortcomings of the Bill on operational matters impairs the Bill’s ability to achieve its policy objectives High level solutions proposed by Betfair

The Bill in its current form should be rejected, RECOMMENDATION The Bill in its current form should be rejected, and sent back to the dti in order to address the policy and practical shortcomings of the current draft