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Victor Chandler Granted Licence Approval in South Africa

4th December 2009 8:59 am GMT

Ahead of plans to launch a full range of sports betting services in time for the World Cup next year, Gibraltar-based bookmaker Victor Chandler has announced that its application for a license to operate in South Africa has been approved by the Western Cape Gambling and Betting Board.

Victor Chandler's South African operations will be based in Cape Town, where the forthcoming World Cup draw will take place.

"We are naturally excited about this opportunity. The Victor Chandler brand fits perfectly with the South African market," said Michael Carlton, CEO of Victor Chandler. "Alongside offering a South African specific website to customers we will also be creating numerous employment opportunities.

The company are also working on a new World Cup football betting site that will offer all the latest team news, tournament news, updated tables, fixtures and more to get football betting fans into the spirit of the game.

"We are really proud to be involved in a country where sport is so entrenched in its culture. I will be investing locally over the next few months in order to launch our full range sports betting service in time for the World Cup," said Carlton.