Afrirent Holdings sets its sights on West African gaming, lottery and betting market expansion

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Well, first of all, as we said above, people are always glad to feel the risk and desire of victory. Secondly, it is constantly amazing to watch the game of your favourite team or a player, but when it brings you money, it is much better. Thus, sports betting is really wide-spread because this is a perfect way to satisfy people’s wishes. What makes it so prevalent for thousands of people is a sharp ambition to watch the show between 2 equal opponents. When fans have strong persuasion in their team’s perfection, appetite to brag of their invincibility increases geometrically and placing bets on the events is impending. Sports is not just a way of relaxing anymore, it is a profitable form of earning money.

Online gambling

Kickboxing and Muay Thai, with their emphasis on striking and aggressive exchanges, tend to produce more exciting and unpredictable fights, offering different betting opportunities. Unlike boxing, which focuses solely on punches, MMA incorporates striking, grappling, and ground fighting, influencing how odds are set and bets are made. The popularity of tennis is also significant and is growing at steady rates of about 20% per year. The inclusion of crypto payments is expected to have a similar effect, although many countries, including South Africa, are still working on incorporating cryptocurrencies into their financial systems. This is according to the iGaming Trends 2025 report by Malta-based iGaming software supplier Softswiss. Now its third year, the report surveyed operators, game developers, technology providers, media professionals and affiliate marketers in North America, Europe, South America, the Asia-Pacific region and Africa.

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We can also note that a poor saving culture is among some of the attributes leading to indulgence in sport betting (14). We recommend that more study on sports betting and digital credit to be done so that more evidence of this thesis is uncovered. This ideally can be led by the regulatory authorities from the East African countries and hopefully this will encourage good credit lending practices and better consumer education.

Features that every betting website must have in South Africa

Parimatch also contributes to the development of betting in Africa – on the bookmaker’s website you can easily find information on how to bet and win every day. Sports betting has become popular in Africa relatively recently, but it is gaining momentum every year. If at first, the African betting market had certain drawbacks due to the specifics of the continent and legislation, today the betting system is as close as possible to the European one in terms of transparency. The future of the online casino industry is still unclear, but it will certainly be conditioned by future legal decisions that can either tempt or discourage investors to take a chance on the Kenyan market. The regulation of the online branch of this industry has been beneficial for both the government, which welcomes an increase in tax revenue, and the population, which welcomes the addition of new and exciting leisure activities. But we need to make sure that we aren’t just taking what has worked in Europe and simply transplant it into the South African marketplace.

Cellphone Gaming

As well as individual reviews, we also compare the best South African bookmakers and offer alternatives. You have often also access to titles by Ezugi, Authentic Gaming or Pragmatic Play. Play roulette, blackjack or baccarat against live dealers and enjoy a thrilling betting experience. With a reputation for excellence and a dedication to social responsibility, Afrirent Holdings aims to create value, foster economic development, and empower local communities in West Africa. Now, the company is leveraging its expertise in gaming and entertainment to introduce sport bet new and exciting offerings to consumers in West Africa, catering to the evolving needs and preferences of the market.

Top 10 Soccer Betting Sites in South Africa

• To get you started we offer a variety of articles in our betting strategy and tips section.
• The evolution of sports betting in South Africa has been influenced by changes in regulatory frameworks and legislation.
• Play roulette, blackjack or baccarat against live dealers and enjoy a thrilling betting experience.
• After 1996, it became possible for players to gamble online and horse betting is becoming increasingly popular in South Africa.
• The primary responsibility of such organizations is to ensure safety in the industry.
• Some other signs that a sportsbook is safe are if it offers security protocols, reliable and secure payment options, and responsible gambling tools and resources.
• Betway, Hollywoodbets, and 1xbet are top choices because they provide user-friendly experiences, good bonuses, and many ways to bet on fights.
• The introduction of a regulatory framework to govern online casinos and other forms of iGaming presents the industry with an opportunity for expansion while simultaneously opening a new source of tax revenue.

With the rise of MMA’s popularity, betting on these events has become a significant source of entertainment for many. Whether you’re a seasoned punter or new to the betting scene, knowing which platforms offer the best experience for UFC betting is crucial. It’s also worth remembering that we live in an increasingly globalised world and that there are millions of South Africans living abroad. Those South Africans will have shared their sports betting experiences with family and friends back home, further nudging them towards it as a worthwhile activity. Sportingbet accepts more than one million unique bets per day, and on some days even more than two million.

Dissecting the LSM 7-10 market

As the competition heads toward the final, football fans across South Africa are following every twist and turn. Whether you support one of Europe’s giants or are hoping for an underdog story, this year’s UEFA Champions League games have kept everyone guessing. If you’re wondering when is the Champions League final, the big date is just around the corner — and it’s shaping up to be an unforgettable match. Expect to find multiple bonuses and promos here, including deposit match bonuses, a refer-a-friend program, odds boosts, and more. Therefore , following the tips in this article will get you closer to maximizing your experience. Keep in mind that betting is all about fun and strategy, so bring the two together and access your full potential.

Is online sports betting legal in South Africa?

The range of betting options on a betting website is among the most crucial aspects one ought to look for. From the country favorites like rugby and cricket to worldwide sports like football and specialized events, South African bettors have a broad spectrum of sports to choose from. The finest betting sites provide several betting markets, such as match winners, player props, or even live event betting, so as to accommodate these tastes. A reputable sportsbook would have a large selection of markets for both pre-match betting and live betting, thereby allowing bettors lots of options to stake wagers on ongoing events.

• Online betting and gaming have become increasingly popular in South Africa, as it provides a convenient and accessible way to participate in the betting industry.
• The evolution of sports betting in South Africa from tradition to technology underscores the dynamic nature of the industry and its adaptation to changing times.
• Responsible gambling refers to betting within your limits, setting budgets, and knowing when to stop.
• This ideally can be led by the regulatory authorities from the East African countries and hopefully this will encourage good credit lending practices and better consumer education.
• Optimizing betting sites for mobile usage can help to guarantee a seamless betting experience by means of simple navigation.
• South African bettors often seek alternatives due to limitations or their personal preferences.
• Kickboxing and Muay Thai, with their emphasis on striking and aggressive exchanges, tend to produce more exciting and unpredictable fights, offering different betting opportunities.
• Consistency in your approach builds discipline, which often separates winners from amateurs.
• Keep in mind that betting is all about fun and strategy, so bring the two together and access your full potential.

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All knowledge and skills are gained with experience, but the bookmakers themselves are interested in helping newcomers get used to it faster. Among the popular bookmakers in Africa is the famous Parimatch, which allows you to place bets on popular world events, as well as African championships and competitions. The rules for betting and winning on sports are the same for the African target audience as for the rest of the bettors.

Gambling in South Africa

Fortunately, for players, the government has established laws and regulations to ensure only docile casinos and betting sites can offer their services in South Africa. More betting establishments are continuing to appear on the horizon, meaning the industry will keep broadening, according to its high demand. After all, we can make a prediction that it has come from the times of gladiator games or even earlier.

• Whether you’re predicting match winners, first goal scorers, or total goals, the Champions League provides endless opportunities to test your football knowledge and enjoy the thrill of the game.
• All online betting activity falls under the National Gambling Act, which also allows single-game and parlay bets, provided you’re using a licensed platform.
• It’s also worth remembering that we live in an increasingly globalised world and that there are millions of South Africans living abroad.
• The best bookmakers have fair terms with reasonable playthrough requirements, so you can withdraw your winnings instead of getting caught in frustrating endless rollovers.
• 36% of gamblers use their winnings to gamble again, while 37% claim that they are gambling with excess funds that they have.
• The South African gambling landscape is multifaceted with a blend of traditional and more innovative gambling platforms being used by those wanting to take a chance at obtaining a financial windfall.
• South African government statistics reveal that more than 50 percent of South African adults place sports bets on an ongoing basis.

Sports betting and its Relationship to Digital Credit: A Case Study for East Africa

Reviewers meticulously go over the initial write-up, correcting errors and clarifying. Safe South African sportsbooks should display what South African Deposit and withdrawal methods they accept, like cards or eWallets. While Tic Tac Bets’ odds are competitive, I love that I can see all the boosted odds in one place by clicking the Price Boost tab. 1X2 bets, double chance, handicaps and more are accessible for thousands of events. Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.

While mobile penetration is high, internet access is still limited in many parts of Africa. This can be a barrier to entry for iGaming and betting operators who rely on the internet to deliver their services. This report covers casino gambling, limited payout machines (LPMs), betting (horse racing and sports), bingo and the National Lottery. MultiChoice continues its push to dominate Africa’s betting market for sport and other activities, having grown its business by a tenth in Nigeria while launching one of the world’s top gambling games in SA. They make the betting experience more engaging with live betting options, allowing you to place wagers as the fight progresses. Betway is recognized as one of the premier online betting platforms for UFC enthusiasts in South Africa.

The legal landscape underwent significant transformations, with the legalisation of online sports betting in 2004 under the National Gambling Act. This legislative change provided a regulatory framework for operators to offer online betting services, encouraging competition and innovation in the market. Subsequent amendments and regulations have further shaped the industry, confirming consumer protection and responsible gambling practices. This was a turning point for the betting industry in South Africa, as the legalisation of horse racing led to the establishment of many racetracks and the creation of a regulated betting industry.

National lottery

We offer flexible, cost effective group memberships for your business, school, or government organisation. Online gambling has also become a sector of interest for several foreign investors in other African countries. There is an ongoing legal conflict between the Nigerian Lottery Regulatory Commission and the Lagos State Lotteries Board, as both organisations are trying to impose regulations and collect licensing taxes.

BetShezi casino also offers a 4-tiered welcome bonus worth up to R10,000 for a 20x turnover. Multiples of the Day add 7% to the odds and the Bet Builder offers some great boosted odds. We highlight the best betting sites that offer you fast loading slots that are especially developed for mobile gameplay. Senzo Tsabedze’s vision and leadership are guiding Afrirent Holdings towards a future of success, innovation, and positive impact in the West African market. Despite rising costs of living and economic pressures, gambling has gained popularity, particularly due to the widespread use of mobile phones and internet access. Advertising from betting companies further fuels this trend, increasing participation within this demographic.

By contrast, just 27% of South Africans have access to a desktop in the house. Small wonder then that 60.5% of households access the internet primarily through cellphones. Get the best South African technology news and analysis delivered to your e-mail inbox every morning. 36% of gamblers use their winnings to gamble again, while 37% claim that they are gambling with excess funds that they have. The possibility of winning much needed funds is the main reason for gambling. There is also a recreational element with some saying that it is fun and a good way to socialise.