Africa continues to grow, and the question of whether iGaming markets like South Africa, Nigeria and Kenya are worth investing in is still on many minds. Slotegrator shares its insights and tips on African markets.
The African continent is home to several thriving gambling markets and diverse regulatory models. Some countries fully regulate gambling, while others operate completely unregulated markets.
Additionally, 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 Slotegrator’s new article is the perfect starting point.
Morocco, Tunisia and Egypt are among the countries that completely ban gambling. However, even they have special physical gambling areas located in hotels, designed to attract foreign tourists.
Other countries are not as strict. South Africa is an example of a jurisdiction where gambling is regulated at the provincial level. Meanwhile, Nigeria has two separate licensors, and Uganda issues licenses but does not actually require them.
Interests and complications in the African betting market
African gaming regulations are as complicated as they are interesting. However, its population of over 1.3 billion people makes the African continent extremely promising.
Furthermore, 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.
Therefore, it is worth the effort to understand which markets have the right regulatory model for your business. Slotegrator’s article focuses on seven examples of regulatory and licensing models in Africa: South Africa, Nigeria, Kenya, Tanzania, Ghana, Uganda and Zambia.
Read the article to learn more about how these countries regulate gambling. You can also check out this interactive regulation map to find out which markets are open for gambling.
If you’re still not sure where to start, contact the Slotegrator team for a free consultation on the best market to operate your online casino or betting platform.
About Slotegrator
Slotegrator has been one of the leading providers of software and business solutions for the iGaming industry for online casino and bookmaker operators since 2012. The company focuses on the development and support of online casino platforms, as well as the integration of gaming content and payment systems.
The company works with licensed game developers and offers a vast portfolio of casino content: slots, live casino games, poker, virtual sports, table games, lotteries, casual games and data feeds for betting.
Slotegrator also provides consulting services in acquiring gambling licenses and incorporating businesses.