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Group adjusted EBITDA was reported as €330.3 million in 2024, up from €198.2 million the previous year. Its adjusted EBITDA excluding the US was €391.1 million. In terms of where revenue came from, 20% related to sports betting, while 80% was attributed to online casino. The Betway owner recorded monthly average customers of 4.8 million […]
Gamblers playing in Kigali, Rwanda, the government has increased the tax on Gross Gambling Revenue (GGR) from 13% to 40%. In a move aimed at promoting responsible gambling, the government has increased the tax on Gross Gambling Revenue (GGR) from 13% to 40%, Minister of Finance and Economic Planning Yusuf Murangwa said in a presser […]
Sunbet, a pioneering gaming company in Sub-Saharan Africa, has announced a major milestone in its expansion plans. The company has successfully acquired licenses to operate in Lagos State and Cross River State, paving the way for a new era in gaming and betting in Nigeria. According to Dr Dominic Joshua, Managing Director of Sunbet, the […]
Ghana’s burgeoning sports betting industry, projected to generate US$32.99 million in revenue by 2025, offers a promising avenue for economic growth. Driven by mobile technology adoption and a youthful, football-loving population, the sector is poised for continued expansion. According to Statista, a German data gathering and visualisation platform, revenues are expected to reach US$39.50 million […]
President John Dramani Mahama has appointed Emmanuel Siisi Quainoo as the acting Commissioner of the Gaming Commission of Ghana. Mr. Quainoo’s appointment was announced in a January 22 letter signed by Dr. Callistus Mahama, Secretary to the President. The appointment, which aligns with Article 195(1) of the 1992 Constitution and Section 67 of the Gaming […]
London, 7th January 2025 – London-based video virtuals and instant win games specialist Highlight Games Limited today announces that its exclusive SOCCERBET product featuring archive LALIGA footage is now live with customers in Africa via a dedicated satellite channel. As of this month, operators including BetStar, ZukaBet, MasterBet and Sky Games will offer customers SOCCERBET […]
Allwyn, a leading multi-national lottery operator, announces that it has entered into an agreement to acquire a 51% stake in Logflex MT Holding Limited, the owner of the growing online sports betting and gaming group Novibet, subject to customary regulatory and antitrust approvals. Novibet is an established gaming operator with its own technology stack, which […]
The sports betting and online casino industry has seen rapid growth since the Covid pandemic with an ever-expanding and engaging audience that transcends race and gender with a 40% increase year-on-year between 2019 and 2023, contributing hundreds of millions of Rand to the South African economy and providing employment to thousands of South Africans. Ladies […]
South Africa’s leading sports betting operator, Hollywoodbets has announced its vital role, in partnership with the South African Broadcasting Corporation (SABC) and Cricket South Africa (CSA), in bringing the live coverage of the national inbound cricket tours to all South Africans. Hollywoodbets has announced its vital role, in partnership with the South African Broadcasting Corporation […]
10bet is an online gambling company with over 20 years of experience in creating top-notch sports and casino betting products, with a significant presence in South Africa, the UK, and other regions. The agreement has allowed 10bet to add BETER’s proprietary ESportsBattle tournaments to its offering, providing players with access to round-the-clock fast-betting action. Initially, […]
