With innovations and technology driving its growth, Africa’s gambling industry is booming, attracting investors and operators alike. Here’s a glimpse into some of the top African countries dominating the gambling arena:
1. Kenya: With a burgeoning online gambling scene, Kenya has become a hotspot for gambling enthusiasts. Soccer betting steals the spotlight, with millions of Kenyans actively engaged. Despite recent challenges, experts foresee rapid growth driven by advancing technology.Notably, Kenya emerges as a standout, with 82.81% of its respondents having placed bets.
2. South Africa: Leading the pack, South Africa boasts nearly half of the continent’s gross gambling revenue! Sports betting reigns supreme here, contributing significantly to the industry’s revenue. While online gambling faces restrictions, sports and horse race betting thrive both online and through traditional bookmakers.South Africa follows closely behind with 73.94% of its respondents having placed bets.
3. Ghana: Known for stringent regulations, Ghana embraces various gambling laws. The National Lottery Authority oversees lottery games, while slot machines and sports betting remain popular. Ghanaians freely access foreign gambling sites, contributing to a vibrant gambling culture.Then Ghana is having 73.03% of its respondents placing bets.
4. Nigeria: Africa’s most populous nation, Nigeria boasts a massive sports betting industry, with annual contributions reaching a staggering $2 billion. Despite regulatory challenges surrounding online gambling, Nigeria’s passion for betting fuels continuous market expansion. And Nigeria is having 65.32% of its respondents placing bets.