Believe it or not, Africa is quickly becoming one of the most lucrative gambling markets in the entire world. Gambling has always been very popular in the country, but now more and more people are choosing to try and make their bets with an online casino.
Operators who have little to no knowledge of the African market might be intimidated to jump into it. But for those who can find the right partners and approach it in the right way, there’s plenty of opportunity.
The gambling sector in East Africa is in a “total mess” following the collapse of global sport in the wake of the coronavirus pandemic.
Africa has been of key importance for the company over the last five years, not just with affiliates but across mobile, sports and live betting, during which it has been establishing and strengthening its brand in Tanzania.
Since the suspension of major football leagues across the globe due to Covid-19, the African continent is the most hits.
Benin officially the Republic of Benin, and formerly Dahomey, is a country situated in western African boarded by Niger, Burkina Faso, Nigeria and Togo. Despite its small size Benin as a population of over 11 million people.
Newgioco Group, Inc. (“Newgioco” or the “Company”) (Nasdaq: NWGI), a global sports betting and interactive gaming technology company providing fully integrated, omni-channel sports betting software solutions, is pleased to announce that the release of our new virtual Color Lotto product recently launched by the Company’s wholly-owned subsidiary Virtual Generation Limited
As the spread of coronavirus case reach, a staggering over 300,000 people have contracted the novel virus. At least 18,905 have died. The threats of severe economic downturn, a global recession is looming as businesses down tools to send workers home to stop the spread of the virus.
Sports betting is an extremely profitable business in Nigeria, with roughly 60 million Nigerians between the ages of 18 and 40 involved in active sports betting. Reports say on average, these punters spend around N3,000 every day on bets.
Casino online games have experienced a global growth in popularity in the past decade. South African countries, including Zimbabwe are not an exception in these statistics.