Bad Bet Updates Silversands has been operating for several years out of Cyprus and have their servers in Curacao. They are a reputable sportsbook and have done a good deal of marketing in South Africa. However, proposed legislation will put them out-of-business in South Africa and may endanger their entire operation. A recent article from Business Day outlined new regulation on the horizon for Internet gambling in South Africa. Silversands has until now taken advantage of a regulatory void and continues to operate illegally, drawing attention from the National Gambling Board (NGB) – ala BETonSPORTS and the US Department of Justice. Global players at Silversands should maintain a low balance. Players from South Africa are urged to seek another gambling house. © Copyright 2009 OSGA, LLC |