South African bookmakers call for prediction market ban

Nevoral

July 29, 2026

South African bookmakers call for prediction market ban
South African bookmakers call for prediction market ban

July 29, 2026

Nevoral

South African bookmakers call for prediction market ban

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The South African Bookmakers Association (SABA) has urged regulators to prohibit unlicensed prediction markets, arguing that they pose risks to sports integrity, consumer protection, anti-money laundering (AML) efforts and tax collection. The trade association mentioned that prediction market platforms must adhere to regulations imposed on gambling exchanges…
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