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

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The government has taken steps to address these concerns, by introducing measures to prevent underage gambling and to ensure that online betting and gaming operators are operating in a fair and responsible manner. Before 1965, all forms of betting and gambling were illegal in South Africa, with the government viewing the activities as a threat to public morality. Despite this, illegal betting and gambling continued to thrive, with many people finding ways to wager on horse racing and other sports. However, this changed in 1965 when the government legalised horse racing, making it the first form of legal gambling in the country.

Ultimately, the success of the industry will depend on the ability of operators to understand the unique needs and challenges of the African market and to tailor their products and services accordingly. Playing the lottery is the most popular form of gambling in South Africa, with three in four gamblers taking part in this activity. This is followed by gambling via online gaming platforms and sports betting. In the sports betting scene, live betting has grown to be a common element; many South African gamblers like making bets during events.

Horse racing was considered more like a sporting activity than a betting one. The country has come through a couple of steps in betting legalization in the country. Plus, live betting provides real excitement as players can place their bets in real-time while a game is being played.

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betting in africa

The National Gambling Board is responsible for the oversight of the regulation in the gambling industry throughout the country and to preserve the integrity of South Africa as a responsible global citizen. Is responsible for the oversight of the regulation of the gambling industry throughout the country and to preserve the integrity of South Africa as a responsible global citizen. The NSPCA reveals shocking evidence of the Eastern Cape Gambling Board allegedly allowing a licensed bookmaker to profit from illegal cockfighting.

Getting started is easy — just sign up with a legit sports betting app south africa, make a deposit, and start picking your matches. Experience (mobile and computer)A reliable sports betting platform will have an easy-to-use desktop interface, allowing you to find what you’re looking for in a reasonable amount of time. If you’re after the best sports betting promotions, you’ll find a wealth of them available here at EasyBet. This includes a series of weekly cashback offers, bet matches, cash bonuses, bet insurance, and multi-bet bonuses to boost your winnings.

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The programme has given me   insight and clear understanding of my gambling addiction. It has provided essential professional guidance , counselling and rehabilitation opportunity  for which I am most grateful. My thanks to the SARGF and all staff for this very vital  service they provide. “Technology will keep driving advancements and will keep changing the way people think about and engage with the sector.

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This transformation reflects the shifting preferences of consumers, concurrently showcasing the remarkable adaptive capacity of the industry in modern technological advancements. Examining this journey illuminates the intersection of tradition and innovation in one of Africa’s burgeoning gambling markets. With a population of over 1.2 billion people, Africa has a vast untapped market for iGaming and betting.

In spite of different religion, language, age, social status, race, culture or political views, people all over South Africa have 1 mutual thing – they are wild sport fans. If we mix it with 1.3 billion inhabitants of which around 40 percent is under the age of 15, and a median age of only 19.7 years, we will receive a greatly seductive and profitable market for sports SA bookmakers. Whether you’re a seasoned bettor or a curious newbie, the full potential of 1Win can only be reached with an in-depth understanding and planning.

Key Features

Relates to various typesof gambling conducted online including poker, slot games, bingo and others. These gamesare influenced more so by probabilities with significantly less ability to analyse the game. Online gambling is prohibited if practiced through a South African based platform.

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While horse racing betting has been a constant for decades, the National Gambling Act of 2004 opened the betting tanzania doors for a wider range of sports to be included. Noticing a prospect of economic growth, the government of Tanzania swiftly decided to regulate the online gambling industry through the Internet Gaming Regulations Act promulgated in 2012. In terms of sports betting, South Africa has witnessed a remarkable evolution from traditional methods to the integration of cutting-edge technology that merits closer examination.

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The winner is decided according to the highest number out of the two cards. Over time, strategists from all over the world have developed numerous tactics meant to maximise the winning chances of bettors. In Tanzania, online gambling has experienced rapid growth during the past couple of years, thanks to the mobile infrastructure continuously expanding.

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A good welcome bonus can give you extra funds to bet with, reducing your risk and boosting your chances of winning without spending more of your money. Some sportsbooks also offer free bets which allow you to test the platform before fully committing, so you can see whether they’re a right fit for you. The best bookmakers have fair terms with reasonable playthrough requirements, so you can withdraw your winnings instead of getting caught in frustrating endless rollovers.

While in the past spinning the reels of fun and exciting slots was only possible in unregulated online casinos this has changed in 2021. Hollywood Bets started with its Spina Zonke games, Supabets followed by adding Pragmatic Play, Yggdrasil slots and moreover quite recently NetEnt and Red Tiger. More and more sites followed and now you can enjoy slots also on PalaceBet, YesPlay as well as brand-new LulaBet. Therefore, SA punters can now enjoy slots betting fun on licensed betting sites. Both BetGames and Evolution Live Dealer Games are fully licensed in South Africa and hence playing these games is safe and legal. Please ensure you play at a betting site with a South African gaming license and not in one of the many online casinos.

  • Always provide accurate details to avoid issues when withdrawing your winnings.
  • In a bold move to expand its influence and footprint in Africa, Afrirent Holdings, a renowned investment company led by Senzo Tsabedze, is venturing into the vibrant gaming, lottery, and betting market of West Africa.
  • In instances where non – South African punters are prohibited by Bookmakers from betting, these processes make it more difficult for these players to withdraw money from the platform without being detected.
  • Digital credit makes this activity possible or significantly reduces the friction in the process.
  • Licensed operators are required to adhere to these regulations to offer betting services.

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Betting consists of fixed-odds bookmaking on sporting events, pari-mutuel wagering on horse racing and taking bets on the outcome of lotteries. Betting GGR rose by 14.3% in 2016, raising its share of total GGR to 19% from 17% in 2015. “Given its focus on online betting, which has stronger economics than its agency business, BetKing Nigeria has moved to number two in the online betting market. A focus on the quality of its agency network over quantity has also resulted in improved profitability through higher average wagers and revenues per agent,” said the group. Leading to a wider range of betting markets like the method of victory, round betting, and whether or not the fight will go the distance. Hollywoodbets stands out as a reliable choice for UFC betting in South Africa, offering a range of betting options from the standard bout winner to more nuanced bets like over/under total rounds.

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This presents a challenge for iGaming and betting operators who rely on traditional payment methods. Something that was once the preserve of physical bookies moved first into the web and onto apps. With that shift has come a whole slew of innovations that have completely changed the online betting sector; and that growth is rapidly accelerating.

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Their customers are quite a broad range from those who enjoy a small dabble and do it for fun to serious players who want to make a tremendous wager. Prior to 1996, all gambling in South Africa was illegal except for betting on horse races. The Constitution then established that gambling and wagering were legally competent, and so it became necessary to coordinate matters on a provincial and national level. A well-thought-out strategy transforms random betting into a purposeful activity. To maximize your experience, learning the 1Win bonus casino how to use can give you an added advantage in boosting your gameplay.

If you love to bet on the go, then look for a sportsbook that offers a mobile-compatible site or a dedicated app. If you’re always on the hunt for bonuses, then choose a site offering multiple bonuses and promotions, including tournaments and loyalty rewards. Not only will you see a great welcome bonus upon signing up, but you’ll also have access to deposit match bonuses, free bets, multi-bet bonus boosts, and cashback offers. What’s more, 10bet promises to give you the best odds on your favorites, like Premier League games. Betting on horse racing, rugby and football, for example, was allowed and was very popular because it was the only form of gambling that was allowed.

In the past things were a little difficult because the rules that form part of the National Gambling Act were not altogether clear. Additionally, promotions like free bets and cashback promotions keep you playing for more without spending more. These bonuses add up as you keep on betting and reward you with exclusive advantages that elevate your gameplay on 1Win. 1Win also offers secure payment methods for easy deposits and withdrawals. Plus, with quick transaction times specifically for South Africans, the power of your bankroll is always in your hands. When it comes time to cash out, the 1Win South Africa withdrawal process ensures a smooth and hassle-free experience.

  • 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.
  • Right up until 1996, any punters wanting to gamble on horse racing had to do it at the track.
  • Despite rising costs of living and economic pressures, gambling has gained popularity, particularly due to the widespread use of mobile phones and internet access.
  • Availability Of course, another key factor is ensuring that the sports betting platform is available in your jurisdiction.
  • Complete the registration process and once you’ve fulfilled the requirements you’ll have free bets in your account.
  • If you’re looking to bet on your favorite South African sports, like rugby, soccer, and cricket; you’ve come to the right place.

Betting services with in-play betting let users stake wagers on events as they are happening, therefore adding thrill and involvement to the process. For punters, live betting is a must have real-time updates, odds adjustments, and thorough match statistics. For South African gamblers, an extensive range of payment options is absolutely necessary. Local payment options available on the finest betting sites include popular mobile payments like PayPal and cryptocurrencies as well as bank cards and e-wallets. Particularly if you want to cash out your gains, quick withdrawals and deposits are also absolutely vital. Fast withdrawal sites—especially those using e-wallets and cryptocurrencies—make the betting experience far more fulfilling.

Regulatory compliance, including addressing illegal and unlicensed operators, remains a significant concern for stakeholders. Moreover, technological disruptions, such as the emergence of blockchain and cryptocurrency-based betting platforms, present both challenges and opportunities for traditional operators. The evolution of sports betting in South Africa has also witnessed the expansion of betting markets and the introduction of new wagering options. Traditional forms of betting, such as fixed-odds betting on outcomes, have been complemented by innovative offerings such as in-play betting and exotic bets. In-play betting, in particular, allows bettors to wager on outcomes during a live sporting event, adding an extra layer of excitement and engagement. Usually providing a range of bonuses and promotions, betting sites in South Africa draw in new players and keep devoted users.

  • You must be at least 18 years old to legally place bets on licensed betting sports sites.
  • EasybetEasyBet is licensed by the Western Cape Gambling and Racing Board and owned by EasyGroup.
  • 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.
  • With so many different games and sports to bet on, it is easy to find your preferred niche.
  • Unlike investing, gambling is based purely on luck, yet many believe they can develop a winning approach.

E. Advertising and promotion of gambling

EasybetEasyBet is licensed by the Western Cape Gambling and Racing Board and owned by EasyGroup. It launched in October 2024 and offers both casino and sports betting options. The brand offers a range of over 12,000 sports markets, which include soccer, rugby, horse racing, cricket, tennis, basketball, and more. You’ll also find a range of live betting options here, providing real-time updates. There are a number of websites that allow players to bet on the latest rugby games, but not if other online gambling services are offered. In conclusion, the betting industry in South Africa has come a long way since its legalisation in 1965.

  • These innovative games, including Lucky 6, Lucky 7 and Wheel of Fortune play every three to five minutes and offer easy, instant winning opportunities from as little as R1.
  • Go through our list of Best Betting Sites, compare and then pick the one that feels right.
  • Denise Mathey is a seasoned content writer with a strong focus on online casinos, gambling guides, and sweepstakes gaming strategies.
  • For punters, live betting is a must have real-time updates, odds adjustments, and thorough match statistics.
  • Nonetheless, the future of sports betting in South Africa seems promising, especially with technological advancements and an increasing number of participants.
  • Until 2004, all gambling activities were strictly banned on Nigerian territory.
  • The best bookmakers have fair terms with reasonable playthrough requirements, so you can withdraw your winnings instead of getting caught in frustrating endless rollovers.

Welcome to Bet & Win, your comparison site and review guide for the best and most popular sport betting, lucky numbers and casino games sites in South Africa. We have put online betting sites in South Africa to the test and picked only the best offers for you, so you can place your bets online in a fun and safe way. Anyone looking for somewhere to place their sports bets should look for a licensed online betting site. There are currently nine boards in South Africa who are able to license online betting sites. The main provider is the WCGRB, Western Cape Gambling and Racing Board, but there are actually a licensing board located in each province. So far, there are 32 licensed online websites at which South Africans can gamble legally.

  • For example, in South Africa, rugby, soccer, and cricket are among the most popular betting options.
  • Includes betting on sports events and horse racing where punters are essentially betting on the outcome of the particular event.
  • Instead of earning easy money, those who indulge in excessive gambling frequently face financial strain, said John Manyike, Head of Financial Education at Old Mutual.
  • Convenience and AccessibilityOnline betting allows you to place your bets from anywhere at any time using your PC, phone, or tablet.
  • More and more sites followed and now you can enjoy slots also on PalaceBet, YesPlay as well as brand-new LulaBet.
  • Hollywood Bets started with its Spina Zonke games, Supabets followed by adding Pragmatic Play, Yggdrasil slots and moreover quite recently NetEnt and Red Tiger.
  • Overall, the main role of the National Gambling Board is to protect bettors from unfair practices.

Sport betting in South Africa

One of the biggest factors in the growth of sports betting is simply increased awareness and visibility. While it’s true that advertising and sponsorships can only take you so far, they do make a significant difference. Now, the company is leveraging its expertise in gaming and entertainment to introduce new and exciting offerings to consumers in West Africa, catering to the evolving needs and preferences of the market. For those who feel their gambling habits might be affecting their financial well-being, Manyike advises seeking support. “The South African Responsible Gambling Foundation offers free and confidential counselling services,” he added.

Denise Mathey is a seasoned content writer with a strong focus on online casinos, gambling guides, and sweepstakes gaming strategies. Passionate about helping players make informed decisions, Denise delivers well-researched, unbiased insights. When she’s not writing, she enjoys reading, traveling, and exploring new gaming trends. The exceptions to this rule are province licensed horse racing and online sports betting. Individuals, internet service providers, casino sites and banks processing payments for online gambling are risking a R 10 million fine or 10 years of imprisonment. Even media and TV channels advertising online gambling services can be held liable.