TVBET, a provider of live games for online operators, has partnered with the international sports betting brand PMbet.
Live sports betting is often impacted by unpredictable factors such as riots, pandemics and natural calamities. Currently, most sports events have been cancelled and others suspended because of the Corona Virus Pandemic.
As the numbers of coronavirus, keeps soaring in Africa which as affects and alt all significant activities across the globe, though football betting is the live hood of the sports betting industry in Africa.
The gambling sector in East Africa is in a “total mess” following the collapse of global sport in the wake of the coronavirus pandemic, a Ugandan betting company has said.
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.
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
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.
Zimbabwe’s large informal economy started feeling the pinch of COVID19 even before a confirmed case had been recorded in Africa. It only has two confirmed cases so far, but suspension of sports events worldwide has affected Zimbabwe’s gambling industry, which had turned into a 24/7 business in some parts of the country.