Kenya marks Sh20 least betting amount in fight against gambling
The Betting Control and Licensing Board (BCLB) has proposed the minimum stake for online gaming and those using gambling machines. Currently, gamblers stake less than Sh5, which has made betting cheap and fuelled rapid growth among the young and vulnerable persons hoping to win millions in prize money. The Betting Control and Licensing Board (BCLB) […]
SBC SUMMIT BARCELONA – The Global Betting and iGaming Show
The SBC Summit Barcelona conference and exhibition is where global leaders in sports betting and iGaming assemble to discuss the future of the industry, exchange knowledge, and build powerful connections. The event already established itself as a must-attend event in the calendar of sports betting and iGaming industry professionals by offering delegates the unique opportunity […]
The Betting Industry in Africa: Navigating Economic Recessions and Staying Profitable
Africa stands out as a key market in betting and gambling for the future, with its online and offline sectors expected to reach $2 bn by 2023. The betting sector in Africa has consistently held a prominent role within the country’s financial landscape. Faced with worldwide economic changes and contemporary business hurdles, bookmakers have been […]
iTHUBA Awarded Uganda National Lottery
The Ugandan government has issued a 10-year licence to Ithuba Uganda, a subsidiary of South African firm Ithuba, to run a national lottery in what Finance Minister Matia Kasaija said was a move to raise public funds and support social causes. Kasaija said the signing of the partnership was a sign of ‘Ubuntu’ and would go […]
5G network Launch in Senegal and other African countries a great boost for the igaming industry
Senegal’s telecommunications regulator (L’Autorite de Regulation des Telecommunications et des Postes, or ARTP) issued a call for applications for 5G licenses earlier this month. The call came as the regulator was keeping its promise to launch commercial ultra-broadband in the country in 2023, furthermore, requesting that interested investors must submit their applications by July 14, […]
She Cranes “Uganda netball national team” secures Shs68 Million Sponsorship from Gals Sports Betting
The Uganda Netball National Team, the She Cranes, has secured a Shs68 million sponsorship deal from Gals Sports Betting. The sponsorship will run for one year and will cover the She Cranes’ participation in the 2023 Netball World Cup and the Africa Netball Championship. The sponsorship was announced by Daniel Ntale, the Federation head of […]
Uganda Gaming Licence Requirements and Costs
Proof of payment of Application fees as stated under Lotteries and Gaming (fees) regulations 2017 schedule as attached here under. Duly filled Licence application form A cover letter Certified copy of Certificate of Incorporation/or Registration where the applicant is a company Certified copy of the Memorandum and Articles of Association where the applicant is a […]
M-pesa a key mobile money payment provider in Africa acquired licence to operate in Ethiopia.
Safaricom Ethiopia through its newly established and wholly owned subsidiary; Safaricom M-PESA Mobile Financial Services PLC (Private Limited Company) received the Payment Instrument Issuer License from the National Bank of Ethiopia that enables it to avail mobile financial services to its customers under the trademark M-PESA. Prior to issuing the license, The National Bank of […]
The Evolution and Future of Africa’s gambling industry
Africa has always been an epicenter for innovation and resilience, and one industry exemplifying its dynamism in recent years is gambling. Amid rapid economic development and technological expansion, Africans have enthusiastically taken up this form of entertainment as it thrives amid their regulatory environment—something the US market may offer guidance on. The African gambling market […]
Key must haves before starting a sports betting operation in Africa
Products Sports, no doubt sports betting is the key leader across most key markets in Africa however it’s important to keep in mind that online casino games are taking rocket sky growth too. Just like it is in the most advanced markets like the UK and the rest of Europe football is the most popular […]