The explosion of African betting is imminent, but a quarter of the revenue is flowing into the gray area.

Africa is currently on the steepest part of the global gambling growth curve. From South Africa to Nigeria, from Kenya to Ghana, the year-over-year growth rate of both online and offline channels is evident without even checking reports—just look at the density of social platforms and street betting

Congo iGaming Regulatory Maze: Annual Revenue of 17 Billion, Only Millions Taxed, Mobile Payments a Regulatory Blind Spot

The iGaming market in the Democratic Republic of Congo (DRC), like a powerful car racing on a track with no one truly in control of the steering wheel due to vague regulations. Industry insiders reveal that despite legislative attempts, actual regulation is almost non-existent, leading to a market w

Booming Games partners with World Star Betting to expand business in Africa.

Booming Games announces a new partnership with World Star Betting to expand its influence in the African online gaming sector.The agreement will allow players in Lesotho, Malawi, Uganda, Zambia, Namibia, and Congo to access Booming Games' slot games through World Star Betting's website and mobile ap

Emerging African Betting Market Overview: The Online Gambling Market is Growing Rapidly

The online gambling market in Africa is experiencing rapid growth, especially in Kenya and Nigeria, where the number of online gambling users has increased by over 30% in the past year. This trend has attracted widespread attention from international gambling operators and indicates that Africa will

African Betting: An Industry with Rich Opportunities and Continuous Development

Gambling has existed for centuries and has evolved into a multi-billion dollar industry globally. Africa, as the world's second-largest continent, has not been left behind in the gambling craze. In recent years, the number of gambling companies and the amount of betting in Africa have both increased

Why have cryptocurrency gambling sites become a new trend in Africa?

Africa is on the brink of significant technological growth. More and more people are using the internet and smartphones, entering a new phase of online finance combined with entertainment. Researchers believe that around 120 million people in East Africa own cryptocurrencies.This digital transformat

EveryMatrix reports a 66% revenue increase for the third quarter of 2024, significant acquisitions strengthen its position in core casino and sports markets.

iGaming technology solutions provider EveryMatrix reports a record high net revenue of 45 million euros (47.8 million USD) for the third quarter of 2024, a 66% increase year-over-year.The company's EBITDA profit margin remains at 52%, exceeding 50% for six consecutive quarters, with EBITDA reaching

EveryMatrix has reached a turnkey partnership in Africa with MBet, who will move away from its previous sports betting technology provider.

Supplier EveryMatrix announces a new turnkey sports betting technology partnership with MBet in Africa, integrating the OddsMatrix platform into MBet's sports betting products.The new agreement covers Tanzania and the Democratic Republic of Congo (DRC), and will add a range of sports betting events,

Online casinos are reshaping the gambling experience in Africa, focusing on the trends and growth opportunities in the African casino industry.

Driven by technological advancements and changes in the regulatory environment, the African gaming industry is experiencing significant growth. As more countries embrace the legalization of gambling, there is increasing interest in establishing casinos that attract both local and international touri

NE Group has partnered with Betika to launch the fast-paced game "Defender" in Africa, expanding its coverage in multiple African countries.

NE Group collaborates with Kenya's Betika to launch its football-themed collision game, Defender, to new audiences in Kenya, Tanzania, Ethiopia, and the Democratic Republic of Congo.First launched in 2022, Defender incorporates elements of strategy and real-time decision-making, where players must d

Congo's Gambling Industry on the Rise? A New Chapter in African Gambling!