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SportsBetting Growing in South Africa

Wednesday June 12,2013 :  SPORTS BETTING GROWING IN SOUTH AFRICA
 
Mobile and online channels are playing an increasingly important role in growth
 
The South African branch of sports betting technology provider BetTech Gaming says that mobile and online gambling is playing an increasing role in the growth of South African sports betting, and presents brick and mortar gambling groups with the opportunity to extend operations and increase revenues.
 
The company references a study by professional services firm PwC, which forecasts that sports betting turnover in South Africa will grow from an estimated R17 billion last year to R24.2 billion in 2016 - a significant increase from 2007 when the figure was around the R 10 billion mark.
 
The PwC report notes that the opening of legal online sports betting outlets in 2011 in South Africa led to "a surge in turnover" in the overall sports betting market.
 
Online casino gambling is not yet legal in Africa's biggest economy, but land gambling groups have recognised the potential of online sports betting, with Sun International recently moving to acquire Powerbet Gaming, the owner of Voltbet
 
Justbet.co.za and Bet.co.za are two South African owned sports betting websites that use the BetTech technology, says chief operating officer Mark Bosman, who reveals that his company has also signed deals in three other African nations.
 
Bosman says that the growth of mobile accessibility, and in particular in-play wagering, has been a growth driver in African sports betting.
 
"We see a massively growing trend around web, mobile and live in-play betting, typically around sports such as football," he told Business Day this week. "We have seen that there is massive demand and a growth trend happening in South Africa and Africa for these sorts of products".
 
BetTech Gaming is funded by 4Di Capital, which was founded by Columbus VC S.A. (a subsidiary of Luxembourg listed investment company Reinet Investments S.C.A.). 4Di Capital’s South African investment advisor is headed by South African businessmen Justin Stanford and Erik van Vlaanderen.



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Michael Myers is back in Halloween Slot Machine - Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.

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Day 1a MPN Poker Tour Tallinn Main Event - Day 1a brought 106 entries into the €550 Main Event, with nearly as many players turning out for the last €35 super satellite into tomorrow’s Day 1b

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

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NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

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