BETTING EXPERTS East Africa’s Gambling Sector Goes Through Withdrawal 2 years ago Iwo Bulski Post Views: 652 The gambling sector in East Africa is in a “total mess” following the collapse of global sport in the wake of the coronavirus pandemic. Betting markets have dramatically shrunk in light of the suspension of the world’s leading football leagues, which has left little for people to gamble on. But in east Africa, the market has been particularly hard-hit because few in the region bet online. Many betting shops in the region were closed earlier this month because of the coronavirus outbreak, which is increasing across the region. As a result, an industry whose annual turnover is worth at least $20m in Kenya, $12m in Uganda and approaching $10m in Tanzania has been decimated. Meanwhile, some gamblers see the enforced break not so much as an opportunity missed to make money but a chance to save some. “It has helped me save a bit more because the money you’d have lost remains with you,” – said Meshack, a cyber cafe owner based in western Kenya. Source: africa.com About Post Author Iwo Bulski Issues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. See author's posts Iwo BulskiIssues related to the gambling business is engaged in more than 30 years. My empirical experience gives me the opportunity to present events and companies from this business with full knowledge and industry knowledge. Facebook Twitter LinkedIn Email Print Tags: East Africa, gambling, pandemia Continue Reading Previous Parimatch encourages European affiliates not to underestimate AfricaNext Martin Sack gives tips for African gambling operations More Stories BETTING GHANA GFA unveils new logo for betPawa Premier League 15 hours ago Iwo Bulski EXPERTS NIGERIA Key provisions in Nigeria’s new anti-money laundering law 17 hours ago Samuel EXPERTS WORLD NEWS TVBET will visit SBC Summit Barcelona 19 hours ago Iwo Bulski BETTING WORLD NEWS Elon Musk Eyes Manchester United Purchase 2 days ago Iwo Bulski EXPERTS WORLD NEWS China restates action on overseas-bet fugitives 2 days ago Iwo Bulski BETTING GHANA betPawa sets up Responsible Gaming Call Center for Gaming Commission 3 days ago Szarlot EXPERTS GHANA Africa’s fintech, crypto leaders to meet at Ghana summit 3 days ago Samuel EXPERTS NIGERIA Court confirms federal body as sole Nigerian gaming regulator 3 days ago Iwo Bulski BETTING ZAMBIA Fully Zambian-owned Betting company “Betta1” officially launched 4 days ago Szarlot BETTING NIGERIA Waxibet Out To Change Sports Betting Narratives In Nigeria 4 days ago Samuel BETTING KENYA Taxman clears 105 betting companies to get permits 5 days ago Szarlot BETTING UGANDA Mobile Betting in Uganda – Why Is It So Popular? 5 days 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.