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South African Gambling Sector Looks Promising Despite Economy Cooling

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South African Gambling Sector Looks Promising Despite Economy Cooling
Catalina Lukianenko, COO of BOSS. Gaming solutions
Reading Time: 2 minutes

 

Recent research by PricewaterhouseCoopers (PWC) shows that gross gambling revenues (GGR) in South Africa are forecast to exceed to R35 billion in 2021 (£1.85bn), a 5.1% compound annual increase. South African gambling taxes and levies will grow at a 5.2% compound annual rate to R3.5 billion in 2021. However, the slowdown in economic grows of the continent may challenge its gambling industry.

The predictions for Africa’s gambling will be thoroughly discussed during this year’s ICE Africa. The event will be held in Sandton, South Africa, on October 24-25 and will bring together under one roof gaming representatives from the whole continent and from across the world.. This is the first time when ICE has been hosted outside of the United Kingdom.

“Betting is one of the most promising branches of iGaming industry in South Africa”, says Catalina Lukianenko, COO of BOSS. Gaming solutions. “The betting share of Gross Gambling Turnover in Africa increased by more than 40% during 2016 – 2018, and, according to H2 projections, is going to rise by 7% in 2023 in comparison with 2018 figures.”

Since betting is the second most popular gaming activity in Africa, BOSS. Gaming solutions will arrive at ICE Africa and present their SIMPLE BET product which allows to launch and manage a betting company from scratch. It is available as Sportsbook and a ready-made solution for land-based betting shops operators.

Also, BOSS. Gaming will exhibit with a stand where visitors can explore the BOSS. Platform, SIMPLE GAMES, SIMPLE BET, AGames, and BOSS. Affiliates Platform.

“The African gambling is somewhat challenging now; however, it influences the continent’s economy by expanding the revenues and creating new workplaces for locals. We should take into account sports betting which gains the widest popularity in Africa”, says Catalina Lukianenko. “We believe, SIMPLE BET by BOSS. Gaming will help to develop this gambling niche and boost the continent’s economy.”

 

About BOSS. Gaming solutions:

BOSS. is an independent world-class software developer and provider of high class online and land-based gaming solutions. Core company’s products and solutions are gaming platform, sportsbook and betting services, landbased casino software, affiliate system, payment solutions, own online casino slots and White label solutions.

BOSS. Gaming provides consulting services and helps to get license, develop strategies, manage purchased online casino, offers technical and operational support and assists clients with getting business results.

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Africa

Booming Games Enters South African Market in Partnership with Intelligent Gaming

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Booming Games, a leading slot provider, is extremely pleased to announce the launch of their highly immersive games for the South Africa online gaming market.

The South African online gaming market is renowned as one of the world’s most exciting emerging regulated markets. Booming Games, in collaboration with Intelligent Gaming South Africa, has successfully completed localization testing and certification. The company extends its gratitude to Intelligent Gaming for their dedicated efforts in helping achieve this milestone. With this accomplishment, Booming Games eagerly anticipates distributing its innovative and engaging games across the entire Intelligent Gaming network.

Solomon Godwin, Head of Africa at Booming Games, said: “South Africa is key to our development goals, so it’s exciting to get on board with a partner such as Intelligent Gaming. Their insight and experience in South Africa are essential, and we’re thoroughly looking forward to working with them”.

Marc Plaxton Harrison, Managing Director at Intelligent Gaming, said: “It’s such an exciting suite of games, and our network is very excited about the launch. In the coming weeks, our network of over 30 popular operators will be able to offer fantastic games like Buffalo Hold and Win, Burning Classics Go Wild, Gold Gold Gold, TNT Bonanza, Cash Pig and Flaming Chilies”.

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Africa

Springbok Casino Showcases Winter Survival Strategies of South Africa’s Wildlife in ‘Mzansi’s Winter Wonders’ Feature

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Springbok Casino Showcases Winter Survival Strategies of South Africa’s Wildlife in ‘Mzansi’s Winter Wonders’ Feature
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This July, Springbok Casino invites all players to celebrate ‘Mzansi’s Winter Wonders’, a tribute to South Africa’s incredible wildlife and their unique adaptations to the winter season. From gentle elephants to resilient rhinos, these stories highlight the incredible behaviors and survival strategies of ten animals during the colder months.

Lion dads are the epitome of relaxation, often sleeping up to 20 hours a day. However, when danger threatens their pride, these seemingly lazy kings become fierce protectors. During the colder months, they rely on strong family bonds within the pride, while lionesses take advantage of the longer winter nights to stalk their prey more effectively.

With the vegetation thinning out, Elephants rely on their excellent memory and social knowledge to locate resources.

African Penguins are resilient birds who rely on their dense feathers to keep warm as they swim in the chilly waters hunting for fish.

Relying on their strong sense of smell, Rhinos spend the winter months locating the last remnants of edible plants and can often be seen visiting waterholes more frequently, ensuring they stay hydrated.

With less foliage, spotting prey becomes easier, and Eagles take full advantage with their keen eyesight. Eagle pairs use the winter to strengthen their bonds and are often seen soaring together and performing aerial displays.

Meerkats will dig deeper and more complex burrows to avoid the chill. Their intricate tunnel systems provide warmth and safety, allowing them to huddle together during cold nights.

The feature also highlights how Black-backed Jackals, kudus, Vervet Monkeys, and Baboons alter their foraging patterns and habits during the winter months.

To honour South Africa’s resilient wildlife, for the month of July, Springbok Casino is offering players 25 free spins on its new Cosmic Crusade slot.

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Africa

QTech Games wins Online Casino Provider of the Year Award for Africa

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QTech Games secures a notable double with Playtech Live and Playtech Casino
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QTech Games, the leading games distributor across all emerging markets, has won the “Online Casino Provider of the Year” award this week at the 9th Annual Sports Betting East Africa (SBEA+) 2024 Summit in Kampala, Uganda, fending off strong competition from other leading lights, such as BetConstruct, SA Gaming and DST Gaming.

These SBEA+ Eventus Awards have long recognised excellence and advancements in the East African iGaming and sports betting sector. The award is perennially given to the best overall online casino provider in the African space.

QTech Games’ CEO, Philip Doftvik, said: “It’s another welcome validation for QTech Games and our diligent team to have bagged this cornerstone award for the best digital casino provider in East Africa. I’m glad to see that our brand and its broad product portfolio are gaining traction across even more growing, and previously under-served, gaming markets.

“After a great show in Kampala, we look forward to building on our work in Africa at the SBWA+ Summit and Awards show in Accra, Ghana, in August. Africa remains one of the breakout emerging markets rich with possibilities with which to foster our international expansion!

“Moreover, this award demonstrates how our concerted effort, focusing on the African market, has paid off. I’m very excited about our upcoming launch of our new innovative QTech Hybrid product, seamlessly marrying online and offline. This innovation is another sign of our commitment to the region in developing products that have a high local demand. Get in touch to find out more!”

QTech Hybrid

QTech Hybrid will next be showcased at the upcoming SBWA+ event in Ghana in August, where QTech Games will be present with a flagship stand. QTech Hybrid offers a retail solution that can be transferred to your phone, so that the customer can continue playing after leaving the premises or betting shop. QTech Hybrid allows players to access the full game library of QTech Games, while the retail solution also contains a state-of-the-art Agent Management System.

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