BETTING EXPERTS East Africa’s Gambling Sector Goes Through Withdrawal 3 years ago Iwo Bulski Post Views: 767 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 RWANDA Adam Bradford launches centre to train youth in Rwanda 1 day ago Iwo Bulski BETTING GHANA Why Ghana Must Widen the Distance Between Sports Betting and Education Centres 1 day ago Szarlot BETTING WORLD NEWS 1xBet Statement: Curaçao License is Valid and Fully Operational 1 day ago Iwo Bulski BETTING GHANA How to bet on sports responsibly? 1 day ago Szarlot EXPERTS KENYA BetEngines launches the first Sportsbook software solution tailor-made for the African market. 2 days ago Adeleye Awakan BETTING UGANDA Up To 20 Arsenal Fans Arrested Over Trophy Parade In Uganda 2 days ago Samuel BETTING NIGERIA 13 players win over N160m via BetKing’s ACCA 2 days ago Szarlot EXPERTS KENYA Ronald Karauri’s Inspiring Journey from Pilot to SportPesa Billionaire 2 days ago Szarlot EXPERTS KENYA Betting firms rush to comply with new tax regulations 3 days ago Samuel BETTING GHANA GFA urged to ban sports betting in Ghana Premier League 3 days ago Samuel EXPERTS SOUTH AFRICA The Gambling Laws of South Africa 3 days ago Szarlot BETTING HOT NEWS WORLD NEWS 1XBet declares bankruptcy 4 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. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.