Africa keeps on growing, and the question of whether iGaming markets such as South Africa, Nigeria, and Kenya are worth investing in is still on many minds. Slotegrator has shared insights and tips on African markets.
The African continent is home to many thriving gambling markets, as well as diverse regulatory models. While others operate completely unregulated markets, some countries fully regulate gambling.
Furthermore, some regulate but do not issue licenses, and others regulate one form of gambling but not another. Understanding which is which is an essential preparatory step for brands looking to enter the region, and new article of Slotegrator is the perfect starting point.
Among the countries that completely ban gambling are Morocco, Tunisia, and Egypt. Yet, even they have special physical gambling areas located in hotels, designed to attract foreign tourists.
Other countries are not as strict. An example of a jurisdiction where gambling is regulated at the provincial level is South Africa. On the other hand, Nigeria has two separate licensors, and Uganda issues licenses but does not actually require them.
African gaming regulations are as complicated as they are interesting. Nonetheless, its population of over 1.3 billion people makes the African continent extremely promising.
Moreover, the rapidly increasing penetration of mobile internet expands digital business opportunities. At the same time, the cultural acceptance–and often even passion–for sports betting reveals an engaged consumer audience.
For that reason, the fast increasing penetration of mobile internet expands digital business opportunities. The cultural acceptance, at the same time, and often even passion–for sports betting shows an engaged consumer audience.
Consequently, it is worth the effort to understand which markets have the right regulatory model for your business. The article of Slotegrator focuses on seven examples of regulatory and licensing models in Africa: South Africa, Nigeria, Kenya, Tanzania, Ghana, Uganda and Zambia.
