In 1998 Swaziland, an independent kingdom on the eastern border of South Africa, gave Piggs Peak Casino an extension to its brick and mortar gaming license that allows it to offer gambling services over the Internet. Piggs Peak offers casino gaming and poker over the Internet and would also be permitted to offer sports betting if it so chose. Regulations on currency exchange prohibits Piggs Peak from paying customers in any currency other than the rand, so the company may only offer its services to nations that are part of the Rand Common Monetary Area, which includes Swaziland, South Africa, Namibia and Lesotho. In 2007, the South African Pretoria High Court banned all Swaziland-based sites from accepting wagers from South African residents. The ruling also forbids the advertisement of Swaziland-based Internet gambling sites in South Africa.
Because Piggs Peak’s license for online operations is an extension of its land-based operation, the company pays the same company tax and tax on gross win that it does in its brick and mortar casino.