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While the region is well known for its passion for sports betting. The continent seems to be showing increased interest in a wider gambling segment with online 바카라s increasing in popularity. This growth is due to the widespread expansion of smartphones, as well as increased coverage from 3G, 4G, and 5G networks, making the web accessible to more people.
In terms of the present, South Africa leads the segment when it comes to iGaming as the country’s total gaming revenue should surpass $2.3 billion by 2023. South African gamblers have been banned from participating in online 바카라 games, which has severely hampered the growth of the local industry.
In addition, there are many other countries that are spearheading the growth of the industry. Nigeria, Kenya, Tanzania, Ghana and Uganda have seen remarkable growth in recent years. Nigeria’s potential for the iGaming market is staggering, with the country’s large population and large GDP, making it host to the largest gambling market in terms of GGR, which accounts for 7 percent of the continent’s total market share. We can see that there are a number of countries that want to adopt more industry-friendly laws and can generate more revenue and support the local economy.
That being said, even the most optimistic analysts wonder if nothing can replace sports betting’s market dominance over content. At least for now, while this age-old tradition remains at the top. We see more innovative industries gaining ground. Crypto 바카라s are gaining a larger share of the circle, although the emerging nature of the technology that surrounds it also means that it will take some time for it to take full effect. By then, the future looks bright for the future of iGaming in Africa, both in terms of hobbies and economic recovery.
Source: Ghana Business News
SiGMA Asia 2022
After an exciting series of conferences that marked Malta Week 2021, SiGMA Group plans to storm the globe with the golden pinnacles of Kiev and the snow-capped city of Toronto, the hub of bringing together the best and brightest iGaming worlds. The next expo will take us to the modern metropolis of the United Arab Emirates for three days of networking. Discussion and Celebration Stay up to date with the latest and greatest news via SiGMA News.