Africa
South African gamblers keep spending despite economic woes
Casino Association of SA (Casa) has presented the latest revenue figures of the gambling industry in the country. According to the report, Gauteng is the top-grossing province‚ generating R8.01bn of the gross gambling revenue (43 per cent). KwaZulu-Natal is the second, with R3.51bn, followed by Western Cape, which generated R2.92bn.
Gauteng hosts the highest number casinos, with seven casinos. KwaZulu-Natal‚ the Western Cape and the Eastern Cape have five casinos each.
In total the country’s casinos housed 922 tables‚ with each table generating on average R4.52m. There are 24‚508 slot machines as well‚ which generate R582‚991 per machine.
In spite of the impressive figures, Themba Ngobese, the CEO of Casa, is vary about the economic slowdown in the country: “While this increase is definitely encouraging‚ as an industry we are still held back by a tough economic climate as well as the impact of illegal gambling activities.”
“Our biggest competition is actually retail. A family that has R1‚000 (67.52 USD) to spend on entertainment is most likely to go to a restaurant because at the Spur, mom‚ dad and kids can have something to eat and have fun as opposed to choosing the option to gamble.”
Casa was founded in 2003 and its members include Tsogo Sun‚ Peermont Global and Caesars Entertainment.
Ngobese said certain regulatory constraints such as smoking legislation are challenges to gambling industry. He warned that the proposed Control of Tobacco Products and Electronic Delivery Systems Bill could reduce the GGR (R3.16bn) by 18 per cent.
“The knock-on effect would be massive with as many as 4‚000 direct and indirect industry jobs on the line.”
Ngobese also highlighted concern over illegal gambling. “This not only affects the bottom line of licensed casinos‚ but society at large‚ as tax revenues‚ employment opportunities and associated economic activities are suppressed.”
Source: businesslive.co.za
Africa
Nolimit City Celebrates South Africa Debut
Nolimit City, the innovative slot developer known for its boundary-pushing games, announced its official entry into the South African market. This strategic move strengthens Nolimit City’s global footprint and brings its unique entertainment brand to a vibrant new audience.
The South African launch, made possible through Evolution’s One Stop Shop integration platform, enables local players to enjoy Nolimit City’s most popular titles, promising a high-standard experience for South African players. These include San Quentin xWays, Deadwood xNudge and Fire In The Hole xBomb amongst an ever-growing array of fantastic titles.
This announcement comes off the heels of their recent entry into Switzerland earlier this month and sets the tone for the rest of the year, with the provider eyeing further expansion in new markets throughout 2024, and beyond.
Malcolm Mizzi, Commercial Director at Nolimit City, said: “We’re thrilled to bring the adrenaline-fueled excitement of Nolimit City games to South African players. This marks a major milestone in our worldwide expansion, and we’re committed to delivering the best possible gaming experience to this dynamic market.”
Dean Finder, Chief Executive Officer at Evolution Services SA, said: “South African players, get ready for the exhilarating world of Nolimit City games! Their arrival is a game-changer in our market, and we’re dedicated to providing a top-notch, action-packed slot experience Nolimit is famous for.”
Africa
NSoft Unveils Revolutionary Crash Cash Game in Admiral Bet Uganda Retail Shops
NSoft, a leading software solutions provider for the betting and gaming industry, is thrilled to announce the launch of its innovative Crash Cash games in Admiral Bet retail betting shops across Uganda.
This groundbreaking move marks a significant milestone in NSoft’s strategic expansion into the African market, particularly in the realm of retail crash games, in partnership with the esteemed Admiral Bet brand.
By transitioning this popular online gaming concept to the retail environment, NSoft is set to revitalize the retail betting sector, which has faced challenges such as limited space and outdated equipment, hindering its ability to offer fresh gaming experiences.
NSoft is redefining the retail betting landscape with the introduction of Crash Cash. Unlike anything currently available in retail betting, Crash Cash is designed to disrupt and innovate with its state-of-the-art infrastructure, providing a seamless, visually engaging experience for players.
The game is enhanced by NSoft’s proprietary Boost Gamification System, offering unique features that set it apart in a competitive market.
Crash Cash’s simplicity and accessibility are key to its appeal. The game’s straightforward mechanics ensure that it is easily understandable and enjoyable for players of all experience levels, making it a perfect fit for the fast-paced retail environment where engaging and quick-to-learn games are highly valued.
With this innovative offering, NSoft is not only aiming to captivate players but also to establish a new benchmark in retail gaming experiences.
The company’s deep understanding of the retail gaming market, combined with its commitment to innovation, positions Crash Cash as a game-changer that will attract new customers and redefine what is possible in retail betting.
Africa
1Stop Translations Partners with Suss Ads
1Stop Translations has entered into a strategic partnership with Suss Ads, a leading Kenyan technology and marketing services provider. The partnership aims to offer iGaming companies entering the African markets a seamless entry into the continent.
This partnership will integrate the expertise of 1Stop Translations in the field of translations and international digital marketing with that of Suss Ads.
Nicola Pansini, Sales and Marketing Manager at 1Stop Translations, said: “We are proud to announce this agreement between 1Stop Translations and Suss Ads, because the two companies have a common goal: to provide their customers with the best possible service in terms of quality and results. With this partnership, the two companies have integrated their service offering, becoming the point of reference for all companies operating in the iGaming and betting sector and looking for effective marketing solutions to expand their business in the African market.”
Dennis Maina, Managing Partner at Suss Ads, said: “We are excited to join forces with 1Stop Translations. This partnership will seamlessly integrate the expertise of 1Stop Translations in translations and international digital marketing with our own specialization in Programmatic Ads and SMS advertising campaigns. Together, we will offer a comprehensive solution that leverages technology and linguistic proficiency to empower our clients to reach and engage with their target audience effectively in the African market and beyond.”
-
Conferences in Europe7 days ago
2024 Gaming in Spain Conference
-
Latest News7 days ago
Driving Growth with AI, Automation and Data: Digital Transformation Unplugged
-
Compliance Updates7 days ago
Breaking News: Endorphina enters a new regulated jurisdiction!
-
Industry News4 days ago
IGT Announces Executive and Board Leadership Changes
-
Africa3 days ago
1Stop Translations Partners with Suss Ads
-
Australia4 days ago
Queensland Parliament Passes New Laws Restricting Cash Gambling at Casinos
-
Affiliate Industry4 days ago
SOFTSWISS is Best Platform Solution in Asia
-
Australia4 days ago
Rabbitohs and Bulldogs Pledge Three More Years to Tackle Sports Betting Advertising