HOT NEWS KENYA ONLINE Crypto gambling business gaining popularity in Kenya 5 days ago Samuel Post Views: 37 Africa maybe lagging behind in a number of metrics compared to the West and other parts of the world, but technology is helping it make huge steps ahead both in investing and social life. In Kenya, for instance, improved technology has spurred growth in online gambling into one of the most common investment activity. According to figures, the industry is growing at a compound annual growth rate (CAGR) of 12% between 2020 and 2025. Online crypto gambling is just one of the sub-sectors within the industry to experience a huge boom in numbers and participation, with the Winz.io platform having a growing number of users in Kenya. Convenience is a huge factor There are a number of reasons why Winz.io website offering crypto gambling has grown popular in in Kenya in recent years, with convenience being a strong motivator. Indeed, the convenience makes things a whole lot easier for everyone and with more innovation, it is only going to be a matter of time before these services become even more popular. An online crypto casino can now essentially be accessed whenever and wherever, provided bettors have an internet facility available on their phone or tablet that is capable of hosting the games desired to play. Furthermore, convenience can play a role in helping bettors to save time, which is welcome in a world with hectic lives. There is no need to be present in a physical establishment anymore, whilst dressing up will no longer be required either. Bettors are able to play on public transport when they commute to and from work, thus killing boredom with entertainment or finding the time that they may not have when they are at home and with family. Technology has become more accessible As mentioned, with technology becoming more and more accessible, Kenyans are able to get their hands on devices that will allow them to wager online easier than ever before, whilst these devices do not cost what they once did, or at least, there are many other alternatives available on the market than there once was. The use of a smartphone will also have a benefit in regards to the payment methods that are applied, as users have more options available to them, whilst cryptocurrency has also experienced a boom because of the benefits the various coins provide compared to traditional fiat finance. With crypto decentralised, there are fewer regulatory requirements involved, which means Kenyans can look to place bets without having to go through a financial institution that will likely check each of the transactions that are made. In addition, the decentralisation aspect will also mean transactions are more secure, quicker and efficient, thus providing a benefit to holders as well as the online crypto platform. Conclusion There is no doubt that online gambling is growing within Africa at a rapid rate and Kenya is just one of those countries that are contributing. The increase in smartphones and accessible technology is just one of the many reasons why online crypto gambling firms are emerging and why it has become incredibly popular. Source: citizentv.co.ke 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: Kenya, sports betting, technology Continue Reading Previous Kenyan lawmakers propose ban on gambling programmes on broadcast mediaNext How to Play Video Poker More Stories ONLINE UGANDA Flutterwave Strike Partnership Deal with MTN MoMo Service in Africa 1 day ago Adeleye Awakan EXPERTS KENYA Media houses on the spot over gambling pay bill numbers 1 day ago Samuel HOT NEWS KENYA Kenyans Lead in Peer-to-Peer Crypto Trade Globally 2 days ago Adeleye Awakan ONLINE WORLD NEWS TVBET to enhance presence in LATAM with BetWarrior sportsbook 2 days ago Iwo Bulski ONLINE SOUTH AFRICA Yggdrasil has a franchise partner in Africa through Intelligent Gaming 2 days ago Iwo Bulski ONLINE SOUTH AFRICA How to bet online if you live in South Africa? 3 days ago Samuel ONLINE WORLD NEWS Pragmatic advances in Italy with Planetwin365 3 days ago Szarlot GAMES ONLINE Spearhead Studios Reveals Pirates Of The Mediterranean Remastered 4 days ago Iwo Bulski CASINO HOT NEWS MAURITIUS Mauritius Casinos Shelves Voluntary Retirement Plan 4 days ago Adeleye Awakan ONLINE SOUTH AFRICA Industries With A Big South African Presence 4 days ago Samuel CASINO HOT NEWS Is Gambling safe with Cryptocurrencies? 5 days ago Fahad Luyzburg CASINO ONLINE How to Play Video Poker 5 days ago Iwo Bulski 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. This site uses Akismet to reduce spam. Learn how your comment data is processed.