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Can South Africa become a key gambling market?
One of the main issues today in the gambling industry is achieving the growth. While the amount of players, roughy, stay the same or increases at a moderate speed, the number of the online gambling operators is increasing rapidly. The competition gets as severe as never before, yet for most of the online casinos getting smaller profits is not an option. This is why such companies start looking to expand in the new countries, regions, or sometimes, even continents.
One of the most underrated countries in terms of online gambling can certainly be South Africa. According to the recent interpretation of the PwC’s gaming industry outlook in South Africa by Netti-casino.biz, it does seem that this country may be a perfect choice for the European casino operators. It goes without saying that servicing and supporting the clients requires quite some efforts, yet South Africa is just another English-speaking market, hence, operating there for any UK-based casino should not result in much of an overheads. On top of that, not every country is gambling-inclined. In some territories, an operator has to actually create a market before it can start serving the clients and seeing the profits. This is certainly not the case with South Africa. The country has a very well developed sense of offline gambling.
Coming back to the online gambling in South Africa, the country seems to be on a roll. Last year, the gross gambling revenue from every single type of a gambling activity increased by 11%. And, until the end of the decade a total increase of 50% is expected.
Apart from that, the country’s regulatory system still cannot be considered as a mature one. This means that there are quite many casinos operating in the grey or even black areas in the country. While this means that the market is actually larger than we assume, once the regulators start to crack down the illegal gambling websites, the legitimate sites will see a higher demand for their services.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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