Overview of the African iGaming Market

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 29 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 78%

Business News

Igaming,Africa,Market

Africa's iGaming market is growing at incredible rates in some countries, while facing opposition in others. Here is an overview of the African iGaming market and its significance in the continent.

In 2022, the iGaming market was valued at almost $250 billion internationally. Africa accounted for around $2.2 billion—less than one percent of the world’s total market value. Africa is known for many wondrous things. From its expansive desert landscapes to its variety of beautiful cultures, the continent is filled with opportunities to explore and discover. It is also home to several growing industries, including the iGaming sector.

In some African countries, the iGaming market is making massive headways and growing at incredible rates; in others, iGaming is virtually non-existent or is facing strong opposition from local government and residents. Whether you’re planning on traveling to this vast continent or simply looking to compare international laws, here is an overview of the African iGaming market. If you’ve heard the term “iGaming” but don’t fully understand it, it refers to any online platform that allows players to place a bet on an outcome of an event or casino game

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oilserv Targets African Market At Egypt’s Trade Fair TodayNigeria's notable engineering, procurement, construction, installation and commissioning (EPCIC) company, Oilserv Group, has confirmed participation in the
Source: LeadershipNGA - 🏆 4. / 77 Read more »

‘Market-based Regime To Accelerate Gas Sector Development In Africa’Sahara Group, has urged African governments and regulators to adopt market-based regimes to stimulate the sustainable development of gas across the continent.
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Using West Africa Capital Market To Bridge Infrastructure Deficit In RegionSanwo-Olu added that “there are many ways that an integrated West Africa Capital Market can help with plugging infrastructure deficits in the sub-region. One
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Africa Creative Market promotes economic development of creative industryThe Africa Creative Market (ACM) is an eagerly anticipated annual event that serves as a catalyst for growth in the creative economy.
Source: TheNationNews - 🏆 6. / 69 Read more »

Naira hits new low at parallel market, strengthens at official marketNaira extended losses at the unofficial market on Wednesday to trade at N1,030 per $1.
Source: PremiumTimesng - 🏆 3. / 78 Read more »