BETTING EXPERTS East Africa’s Gambling Sector Goes Through Withdrawal 4 years ago Iwo Bulski Post Views: 865 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 EXPERTS SOUTH AFRICA How South Africans Are Embracing Online Gambling Trends 4 hours ago Szarlot BETTING NIGERIA Influencers are getting young Nigerians hooked on online gambling 7 hours ago Samuel EXPERTS UGANDA Uganda: 70-year-old woman gives birth to twins 1 day ago Samuel EXPERTS GHANA Sex, screen addiction a threat to mental health – Psychiatrist 1 day ago Szarlot BETTING KENYA Is online sports betting a popular hobby? 1 day ago Samuel BETTING KENYA Payouts to gamblers thin out as fresh taxes hit winners 2 days ago Samuel EXPERTS SOUTH AFRICA Scan to Pay launches new voucher solution for consumers 2 days ago Samuel EXPERTS HOT NEWS Apex African iGaming: Unmatched Regional Event Lineup for 2024 3 days ago Iwo Bulski EXPERTS NIGERIA From savannah to silicon: Africa’s tech emergence unfolds 3 days ago Samuel EXPERTS Elevate Your Home Decor: The Top 12 Canvas Prints Companies with Wallpics Leading the Way 3 days ago Tools BETTING KENYA Odibets To Reward Customers With 100 ‘Mbuzis’ For Christmas 3 days ago Samuel EXPERTS NIGERIA CBN to Freeze Bank Accounts without BVN, NIN from March 2024 3 days ago Szarlot 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.