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Nigeria Predicts 16% Gross Gambling Revenues Growth in 5-Year Span

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Nigeria Predicts 16% Gross Gambling Revenues Growth in 5-Year Span
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Lately, the Nigeria’s gambling industry seems to be rapidly growing, with some estimates showing that the country could feature one of the fastest-growing countries in Africa in terms of gambling over the upcoming five years.

For the time being, the country offers a great variety of gambling activities, including casino gambling, sports betting and national lottery. A recently-published report from PricewaterhouseCoopers (PwC), called “Gambling Outlook 2013-2017”, which analyzed some data from South Africa and Kenya, featured information about the variety of gambling options in the region, including sports betting, Live Multi Game (LMG) terminals, the national lottery and bingo. However, the report features only data about casino gambling in Nigeria and Kenya.

According to the information included in the PwC report, the gross gambling revenues of Nigeria are expected to experience a 16% growth over the next five years. In addition, a state-wide lottery titled Quick Lotto is to be rolled out in the country.

Ayo Arise, former chairman of the Senate Committee on Capital Market, has shared his belief that the launch of a national lottery service would be beneficial for the country, as it would generate additional tax revenues and would create new jobs in the country. According to Arise, as much as 20% of the profits generated from the national lottery are to be redirected to the Federal Government, which is set to use the money for good causes.

Reportedly, casino business in Nigeria is a promising one. In addition, sports betting has also been one of the most prominent gambling activities in the country, with the rates of participation in such services rising over the past few years.

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Africa

GoldenRace’s Virtual Sports now available on Pepeta

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GoldenRace’s Virtual Sports now available on Pepeta
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GoldenRace, leading provider of Virtual Sports and betting solutions, is thrilled to announce a new partnership with Pepeta, one of Kenya’s fastest-growing online gaming platforms.

GoldenRace’s Virtual Sports are about to make a big splash in the Kenyan market, where the company already enjoys a strong presence across Africa. With this exciting collaboration Pepeta’s players will now have access to the full range of GoldenRace’s popular games, including their famous Virtual Football.

John Mutua, General Director at Pepeta, said: “Pepeta is fast establishing itself as a major player in the Kenyan betting industry, known for its commitment to providing an easy and outstanding user experience with quality game content being the bedrock of this. The introduction of GoldenRace and their impressive lineup of games is a perfect compliment to our brand and is a great step in further enhancing our games offering so as to attract a diverse range of players. We look forward to working together to deliver exceptional entertainment to all who play at Pepeta.”

Pepeta users can now enjoy a wide range of GoldenRace’s Virtual Sports and Games, including Virtual Football, Basketball 3×3, Historical Horse Racing, Greyhound Racing, and more!

“We’re excited to partner with Pepeta, a brand that’s quickly growing in Kenya,” said Martin Wachter, CEO & Founder of GoldenRace. “Kenyan players will love our Virtual Football. Plus, with our In-shop Mobile solution, betting gets even easier. Players can bet right from their phones in the shop, with no lines. It’s a huge win for everyone.”

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Africa

NSoft Enters South African Market Through Exclusive Partnership with Intelligent Gaming

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NSoft Enters South African Market Through Exclusive Partnership with Intelligent Gaming
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NSoft, a top-tier aggregator of content and leading provider of innovative gaming solutions, is delighted to announce its exclusive partnership with Intelligent Gaming to bring its state-of-the-art products to the South African market.

Recognized as one of the world’s most promising emerging regulated markets, South Africa’s gaming industry is set to benefit from NSoft’s extensive portfolio, including Sportsbook (Prematch and Live), Lottery, and Virtual Games. This strategic collaboration with Intelligent Gaming has enabled the deployment of NSoft’s advanced Stark T-1000 terminals, currently operational with five major operators across the country. NSoft extends its appreciation to Intelligent Gaming for their commitment and expertise in facilitating this significant milestone.

Building on this success, NSoft eagerly anticipates the imminent integration of its Casino games into Intelligent Gaming’s aggregator platform, further enhancing the gaming experience available to South African operators and players.

Marko Golemac, Sales Manager at NSoft, said: “We are thrilled to enter the South African market through this exclusive partnership with Intelligent Gaming. South Africa represents a key market in our global expansion strategy, and Intelligent Gaming’s profound market knowledge and network make them the perfect partner. We are confident that our cutting-edge products, including the Stark T-1000 terminals and our comprehensive gaming portfolio, will resonate well with operators and players alike. We eagerly anticipate the addition of our Casino games to their aggregator, which will further solidify our presence in this dynamic market.”

Marc Plaxton Harrison, Managing Director at Intelligent Gaming, commented: “We are excited to partner with NSoft, whose innovative solutions and commitment to excellence align perfectly with our mission to deliver the best gaming experiences in South Africa. The introduction of NSoft’s Sportsbook, Lottery, and Virtual Games, along with the Stark T-1000 terminals, provides our network of operators with compelling new offerings. We look forward to the upcoming integration of NSoft’s Casino games into our aggregator, which will undoubtedly enrich our platform’s content.”

With this exclusive partnership, NSoft and Intelligent Gaming are poised to deliver unparalleled gaming experiences, marking a significant advancement in South Africa’s online and retail gaming landscape.

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Africa

Galaxsys Partners with BetFounders

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Galaxsys had announced a new strategic partnership with BetFounders, a leading online casino brand in Africa. This collaboration marks a pivotal step in expanding Galaxsys’ presence across the African continent and beyond, bringing their innovative games to new audiences.

BetFounders, known for its strong market presence and innovative platform, operates over 20 well-established brands in the African region. Their expertise and reach will be crucial in helping Galaxsys expand its footprint in both established and emerging markets.

Teni Grigoryan, Chief Sales and Partner Management Officer at Galaxsys, said: “BetFounders is a key player in the African iGaming market, and their expertise makes them the perfect partner to help us grow our presence in the region. By joining forces, we’re confident that more players across Africa will gain access to our award-winning games.

“This exciting collaboration not only strengthens Galaxsys’ position in Africa but also aligns with our long-term vision of expanding into high-potential markets worldwide.”

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