While sport is one of the top entertainments for Africans, gambling and betting have also grown to become a popular pastime for the people of this country.
In spite of its economic problems, Africa’s sports betting markets are one of the most lucrative ones in the world.
The growth of online gambling sites and mobile money services has allowed residents of the country to access a wide variety of betting opportunities.
The rapid development of the internet has enabled Africans from remote areas to easily use online sports betting services. Nowadays, sports betting sites and other gambling establishments are booming in countries such as Nigeria, Uganda, Kenya, Ghana, Senegal, the Democratic Republic of Congo, and Tanzania. You can search for some of the best South African online casinos at https://www.toponlinecasinos.co.za/, as there are plenty of options to choose from.
A Great Love for Sports
Without a doubt, Africans love their sports. Football, cricket, rugby, tennis, horseracing, basketball, boxing, and racing have a large following on the continent and attract a great number of bettors.
Many Africans are fans of European football leagues from Spain, Italy, England, and France. They enjoy placing bets on match outcomes like how many goals were scored, who was the player that scored the most, etc. This love for sport is probably what propelled the gambling market to grow so fast.
According to South African government statistics, more than 50 percent of adults in the country are actively betting on a regular basis. And the same goes for the rest of the continent, as more than 60 million residents of Nigeria bet and spend a daily $15 on average. The total worth of the gambling industry in Kenya, Nigeria, and South Africa was estimated to be around $37 billion in 2018. In Kenya alone, approximately two million people place sports bets on their mobile phones.
Wide Diversity of Online Betting Sites
Gambling operators have noticed the potential of the African market, prompting them to establish a significant number of betting sites. There are now hundreds of websites that have a variety of games, such as poker, baccarat, slots, roulette, bingo, and many more, catering to all preferences. The same applies to sports betting sites, where Africans have a plethora of sports they can bet on and a number of ways they can make their wagers.
The expansion of these companies has received immense support from local promoters, arguing that it contributes to the economic growth of several African countries, as it created new employment prospects for the African youth and produced tax revenue for the government. Bettors also have the chance of multiplying their funds by betting on their favorite teams or playing other gambling games.
Most of the betting and gambling is done online through the use of mobile apps. The upsurge of mobile devices in Africa has made online casinos and sportsbooks accessible to all users, especially those who are unbanked.
Noticing this mobile trend, African sports betting operators have established partnerships with the biggest mobile phone operators in order to support mobile money services, such as M-Pesa, Orange Money, and Airtel Money, for their sports betting functionalities.
Fuelled by the easy access provided by mobile devices and the sheer number of online casinos and betting sites, it seems that this gambling expansion is not going to stop anytime soon in Africa.