Pronet Gaming on the African Opportunity

The African Cup of Nations came to an end earlier this month with a final that produced tension worthy of any World Cup final. However, the tournament has not yet attained the international attention of many of its counterparts.

We caught up with Thomas Molloy, sportsbook and trading director at Pronet Gaming, to find out how the tournament performed in the betting arena and how likely it is to grow.

Q: How was the overall performance for operators during the tournament? What were the reasons for this?

The betting performance of this year’s AFCON was extremely positive, driven by a generally low-scoring tournament and a 0-0 final that helped us achieve an overall tournament margin of over 25%, almost double that of Euro 2020.

For people across Africa, the tournament was cause for a massive amount of excitement and pride. Teams from 24 different countries competed in the tournament. But the contest is followed closely even in countries that didn’t make it into the tournament, which added significantly to this positive sports betting result.

With that in mind, it was disappointing that the organizers experienced pressure from European football clubs. Dozens of players from top club teams were accused of taking ‘time off’ to play for their countries, but for the vast majority, it is a huge honor and matter of pride to be involved in what is a prestigious competition. As many countries in Africa continue to grow their betting infrastructure, this tournament could prove to be a lot more significant for the industry than it already is but needs a little more latitude to grow further in status.

Q: The event has grown to be hugely anticipated throughout Africa, but to what extent is AFCON a draw for international bettors?

There were rumblings of a lack of respect being shown by parts of the media with regards to the importance of the tournament, as well as the questions over some players potentially remaining with their club teams instead of heading out to Cameroon.

What’s clear from a betting perspective is the huge interest from many regions – not only our client base in the African region. With games played at favorable times of day and with so many of the world’s top players included, notably the two that shared the final in Egypt’s Mo Salah and Sadio Mane of Senegal, there was significant engagement from a wide-ranging client base.

A more united front between the European clubs and tournaments like AFCON would be more beneficial, not only to the sports betting industry but for the game as well. Especially as fans in these countries are so excited to see stars like Mane and Salah come home to play.

Q: Did the winter break in the EPL coinciding with AFCON help focus bettor minds on the competition?

Absolutely. Out of the 52 matches that were played throughout the tournament, 32 took place with no EPL action that day, which proved to be hugely significant. In these games, the bet counts for AFCON contests were 30% higher than days that also saw Premier League action, suggesting that the lack of EPL fixtures helped focus the minds of bettors.

This was particularly true of the final, which inspired a huge amount of coverage all over the world. This is further evidence that the tournament could be hugely influential and beneficial to the industry if it is given some room to breathe and grow.

Q: Did the big Sadio Mane / Mo Salah battle, both in the final and the run-up, help whet the appetite of bettors?

It was the dream finale in respect of arguably the continent’s top two stars and team-mates meeting in the final. It ended in a 0-0 draw and went to penalties, with Mané getting to redeem himself for a missed penalty four minutes into the match by netting the winning penalty and winning the tournament for Senegal. It was a thing of magic! So much so, that our bet count for the final was up a whopping 89% on the tournament average.

That being said, the event still does not have the notoriety of the Euros, Copa America, or World Cup in respect of mass-market interest. But our clients were able to drive engagement utilizing the full suite of front-end modules including our recently released Bet Assist product, an automated AI-based tipping tool, alongside our new Popular Bets and Popular Events modules.

Source: gamblingnews.com

About Post Author

Samuel

I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos.

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Samuel

I am a journalist specializing in gambling in Africa and around the world. I am particularly interested in stories about games and casinos.