Africa over 1.2 billion people live in this continent. The continent is home to the second most populous in the world behind Asia and by 2030 it will double the size of Europe, while 42% of the worlds youths will be an African according to statistics report from UN and AFDB respectively.
Rwanda is looking for ways to fill its entertainment space. The hospitality ecosystem has begun to take shape, especially in the past two years with the signing of a sponsorship deal with Arsenal football club, a top side in the English Premier league.
Rwanda is a small, land-locked country in central Africa. It borders Uganda to the north, the Democratic Republic of the Congo to the west, Burundi to the south and Tanzania to the east.
It is not uncommon for students to indulge in dangerous vices and the most recent is gambling. With the upsurge of betting companies and slot machines, the gambling trend among the youth could apparently be an issue of concern.
As unemployment bites, thousands of youths in Kigali wake up every morning and crowd themselves in sports betting shops in the hope of earning a living, but many have ended up getting addicted instead with little to no reward.
The new 2019/2020 English Premier League season will not only bring fans cheering, it has already set off a global betting frenzy with more people hoping to become lucky in the multi-billion dollar industry.
Rwanda is a free market economy so it was just a matter of time before new-age trends in this industry like sports betting, came to Rwanda, but perhaps even the regulators didn’t know the dangers that were lurking.
Premier Bet is one of the biggest betting companies in Rwanda. It operates in almost 20 other countries in African.