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Kenya government is planning to scrap the Betting Control and Licensing Board (BCLB) and replace it with a more powerful authority, If proposals by the Presidential Taskforce on the Establishment of a National Lottery are adopted. A Gambling Regulatory Authority will take over from BCLB in the changes that will also replace the Betting Lotteries […]
Now in its third year, the famous Women’s Diski Challenge has received its most significant boost yet, confirming that leading betting company 10bet has agreed to become the tournament’s headline sponsor. 10bet will thus be aligned with one of Gauteng sport’s most critical initiatives, which is designed to help women overcome traditional barriers to entry: […]
Online gambling has been experiencing tremendous growth, especially during and after the Covid pandemic, which made retail-centric punters switch to online. Also, the current cashless policy and the CBN redesign of the naira notes in Nigeria, which has caused cash scarcity in the country, has forced many bettors who would naturally place their bets in […]
Online Sports betting Growth and Shortcomings in Africa The industry stakeholder and experts in the sports betting industry say many punters see Africa’s growing online betting industry as a source of entertainment, regular income, and a possible path out of poverty. But critics warn that its rise is underpinned by widespread poverty, unemployment and poor […]
A two-month investigation into sports betting in Ghana and the potential of addiction among the country’s youth research conducted by Business News Media. During the investigation, the Ghana Gaming Commission sought information on how much Ghanaians spend on sports betting annually. Still, the Commission wrote back to say it didn’t have that information. Meanwhile, the […]
Betway one of the leading global online betting and gaming brand, Betway has announced the opening of their new customer experience center in Osu, Accra. The new center, located at No.9 Adjoate RD. in Osu behind the Koala Shopping Mall on Oxford Street, will serve as a hub for sports betting fans that offers a […]
The Impact of Cashless Policy in Nigeria’s Retail Sports Betting Business Nigeria’s sports betting industry has been experiencing tremendous growth over the last decade thanks to the love affair with football among the teeming youth populace. This growth has primarily been attributed to the retail-centric approach of the business by sports betting operators. However, the […]
Betting in Nigeria has been growing at a swift pace with lightning speed in recent years, thanks to the adoption of mobile phone users and internet penetration. It is estimated that the country has over 70 million active bettors, according to NAN (News Agency of Nigeria), who are 18-40 years old. Another factor that increased […]
The High Court has quashed laws restricting gambling in the city to five-star hotels with casinos and the 7.5 per cent excise duty imposed on cash set aside by punters in their wallets for gaming. Justice Anthony Mrima said the two laws were not subjected to public participation in breach of the Constitution— which demands […]
Betting companies have rushed to comply with new KRA regulations requiring betting firms to remit taxes daily before 1 am. The regulations allow the taxman to plug into various betting platforms for real-time computation of taxes. The move aims at increasing transparency and accountability within the Kenya iGaming industry and taming rogue entities in the […]
