BETTING ZIMBABWE Africa Confronts Rise in Sports Betting – VOA Zimbabwe 1 month ago Samuel Post Views: 119 Gamblers and experts say many punters see Africa’s growing sports betting industry as a source of regular income, and a possible path out of poverty. But critics warn its rise is underpinned by widespread poverty, unemployment and poor or non-existent regulation. Continent-wide data on sports betting is not readily available, though snapshots from different countries show its growing popularity. Online gaming platforms have enjoyed recent growth, driven by widening adoption of mobile payments and pandemic-era demand for digital entertainment. Much of the betting focuses on soccer games in Europe, while more recently the World Cup has been the major draw. A South African government survey from 2017, the most recent on gambling, found that sports betting grew 14% per year from 2008 to 2016, even as the number of South Africans who gambled fell from 57% to a third of the country’s adult population. Today, online sports betting makes up 45% of the South African gambling market, “a starkly different picture to just 10 years ago when casinos held 80% of market share,” said the National Gambling Board. African gamblers often count on winnings to fund daily needs. In Zimbabwe, where most people in formal employment don’t make more than $100 a month, sports betting “has become a major income earner even for those who are in formal employment,” said Japhet Moyo, secretary-general of the Zimbabwe Congress of Trade Unions. “The problem is that it becomes addictive and some lose their salaries to betting.” A Ugandan parliamentary committee earlier this year suggested banning day-time betting. Source: 1africafocus.com About Post Author Samuel I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. See author's posts SamuelI am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos. Facebook Twitter LinkedIn Email Print Tags: sports betting, unemployment, Zimbabwe Continue Reading Previous Hollywoodbets Now Has an App!Next World Cup went in bookies’ favour – until the final More Stories BETTING SOUTH AFRICA SIS, Kiron Interactive in Africa partnership 3 days ago Szarlot BETTING UGANDA Melbet online betting is a stable source of income 3 days ago Szarlot BETTING WORLD NEWS Bookmaker 1xBet denies problems with license and connection with Russia 3 days ago Samuel BETTING TANZANIA Betting firm employs 142 Tanzanian youths 1 week ago Szarlot BETTING SOUTH AFRICA Betfred SA denies it owes Joburg City Power over R3m in unpaid lights bill 1 week ago Szarlot BETTING TANZANIA Parimatch Tech becomes GR8 Tech 1 week ago Samuel BETTING GHANA Why Ghana Must Widen the Distance Between Sports Betting and Education Centres 1 week ago Szarlot BETTING WORLD NEWS 1xBet Statement: Curaçao License is Valid and Fully Operational 1 week ago Iwo Bulski BETTING GHANA How to bet on sports responsibly? 1 week ago Szarlot BETTING UGANDA Up To 20 Arsenal Fans Arrested Over Trophy Parade In Uganda 2 weeks ago Samuel BETTING NIGERIA 13 players win over N160m via BetKing’s ACCA 2 weeks ago Szarlot BETTING GHANA GFA urged to ban sports betting in Ghana Premier League 2 weeks ago Samuel Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.