ETHIOPIA HISTORY Gambling history – how it all started in Ethiopia 3 years ago Adeleye Awakan Post Views: 1,997 Ethiopia is one of the world’s oldest countries, its territorial extent having varied over the millennia of its existence. In ancient times it remained centered on Aksum, an imperial capital located in the northern part of the modern state. The present territory consolidated during the 19th and 20th centuries as Europeans powers encroached into Ethiopia historical domain. Ethiopia defeated colonial Italy in the battle of Adwa and again in 1935-36 when it was invaded and occupied by fascist Italy. However, in 1961 by proclamation number 183 founded the National Lottery Administration. At first, the National Lottery Administration operated as a conventional lottery that serves as the sole operator offering lottery games in the country, but it reorganized in 1981. Since then, it has the power to the task, regulate and controlling all gambling-related activities. The National Lottery Administration has the authority to issue and withdraw permits, as well as collect the licensing fees. However, the gambling is legal in Ethiopia, at least in some forms, which include the land-based casino; lottery and sports betting through online gambling are unregulated in Ethiopia. Still, there are a host of online betting platforms in the country which are trying to shape the Ethiopian gaming industry perhaps the first online sport betting in Ethiopia is Dago sports in 2012 but later closed down. Still, the country has limited internet connectivity. Yet, they’ve been a move from the government recently when they said there are willing to privatize the telecom sector by selling the equity of 49 per cent stake. In which the Finance Minister said the US institution had expressed interest to invest in the telecoms sector, he further said the Ethio telecom acquisition is to be completed in the next 4 to 6 months, while several companies as expressed interest in the telecoms auction in the country. He further projected the country’s economy would surpass the 6 per cent project by IMF to 9 per cent and 10 per cent in 2020. In a few years, we expect a window of opportunity in the Ethiopia online gaming sector. Finally gambling in Ethiopia as been allowed for quite some time now, and Ethiopia is one of the countries that are open for gambling business in Africa. About Post Author Adeleye Awakan Author E-play Africa, sports betting reviews, thoughtful leardership articles in Africa gambling industry, marketing gaming platforms in Africa with strong networking relationship with gaming operators in Africa, Expertise in PR, marketing communication, and consultant on gaming in Africa. See author's posts Adeleye AwakanAuthor E-play Africa, sports betting reviews, thoughtful leardership articles in Africa gambling industry, marketing gaming platforms in Africa with strong networking relationship with gaming operators in Africa, Expertise in PR, marketing communication, and consultant on gaming in Africa. Facebook Twitter LinkedIn Email Print Tags: Ethiopia, National Lottery Administration Continue Reading Previous Ethiopia untapped gambling industryNext The unveiled truth about gambling industry in Uganda More Stories HISTORY Exploring the History of Horse Racing 3 weeks ago Iwo Bulski HISTORY How Las Vegas became a gambling Mecca 1 month ago Iwo Bulski HISTORY Gambling Books: Anecdotes, Strategy & Luck! 2 months ago Iwo Bulski HISTORY SOUTH AFRICA Growth of Online Poker in South Africa 3 months ago Iwo Bulski HISTORY WORLD NEWS Brief history of financial skulduggery 3 months ago Iwo Bulski ETHIOPIA ONLINE Gamers in Africa are aiming for global inclusion, everyone’s paying attention 3 months ago Szarlot HISTORY ONLINE A Brief History of Online Slots 3 months ago Szarlot HISTORY SOUTH AFRICA Blackjack: Its history and how it became popular 4 months ago Szarlot HISTORY History: How People Started Gambling 4 months ago Iwo Bulski CASINO HISTORY KENYA Sex, gamblers and Mafia 5 months ago Iwo Bulski BETTING ETHIOPIA In Ethiopia, Addiction To Sports Betting Affects All Layers Of Society 6 months ago Szarlot BETTING ETHIOPIA Ethiopia’s Ministry Ban Sports Betting 9 months 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.