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Unreliable mobile networks are harming the industry – argues BestBet360 CEO

George Miller

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Unreliable mobile networks are harming the industry - argues BestBet360 CEO
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Dolan Beuthin, the founder and CEO of Nigerian sportsbook provider BestBet360, will be driving home his strong beliefs about the ‘real’ opportunities that exist across the 34 countries where gaming is regulated as one of this year’s ICE Africa Champions. Speaking ahead of his appearance at the pan-African event where he will be championing the Nigerian gaming eco-system, Beuthin explained: “I am excited to explain to the gaming industry the truth about a city like Lagos, and a country like Nigeria, communicating the real opportunities that exist in the country.”

As one of more than 65 thought leaders contributing to the event’s learning streams, Beuthin will bring his extensive experience with the African sports betting market to a panel titled, Optimizing Payment Processing in a Market Dominated by Online Solutions. Reflecting on where the dominant trends in payment processing lie in terms of new live-betting and mobile technology, he said: “I think the biggest challenge we all face as operators is the bad mobile networks, and the high cost of data. This leads to a lot of failed payment transactions, as well as networks that are not geared towards mobile live in play. It is difficult for a player to place bets in such fast moving markets when the networks are both slow and unreliable.”

He added: “I have a strong belief that major development will happen in Africa in the payment solution space, which will be especially geared towards solutions for Africa, taking into account the networks and banks. I will also be taking part in a panel on how streaming services impact Sports Content, however I think that, once again, this is all dependent on the mobile cellular networks improving and phone mobile technology improving, as well as the streaming services providers taking this all into account when they develop a product.”

“It’s an exciting time for the industry and ICE Africa is well placed to help us showcase the ‘real’ opportunities which lie ahead,” Beuthin concluded. “I am most excited to see more live in play products, and to see any developments in the virtual gaming space on the show floor.”

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Africa

Betwinner and Bet24Hrs Secure Nigerian Sports Betting Licences

Niji Narayan

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Betwinner and Bet24Hrs Secure Nigerian Sports Betting Licences
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Betwinner and Bet24Hrs have secured sports betting licences form the National Lottery Regulatory Commission of Nigeria (NLRC).

Upon receiving the licence, Bet24Hrs managing director Roy Jiang thanked the Commission for its help throughout the process and pledged to contribute to the process and growth of Nigeria’s regulated gambling industry.

Olatunji Idowu, managing director of Betwinner, said that the operator was dedicated to being a trusted partner of the regulator. He said he was encouraged with the Commission’s ongoing efforts to clean up the industry and ensure all stakeholders supported good causes.

Lanre Gbajabiamila, director of NLRC, called on all operators currently serving Nigerian customers without a licence to apply for certification, warning those that failed to do so would “face the full wrath of the law.”

He also warned that licensees who failed to comply with regulations were liable to have the approval to operate revoked.

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Africa

SportPesa CEO Outlines Plan to Return to Kenyan Market

Niji Narayan

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SportPesa CEO Outlines Plan to Return to Kenyan Market
Photo Source: classic105.com
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Ronald Karauri, CEO of SportPesa, has responded to a netizen who asked how soon the gaming company will return to the Kenyan market.

Karauri stated that many people had been asking him the same question but said there was no breakthrough yet.

“I have so many people asking this question. We did not get our license renewed in 2019. We submitted our application to BCLB some months ago and we are still waiting for feedback. If we do get our license renewed we shall let everyone know,” he said.

English Premier League team Everton announced that they will end their partnership agreement with SportPesa at the end of the 2019/20 football season.

“This has been a difficult decision but one that allows us to best deliver on our commercial plan and to grasp the new opportunities now open to us. The Club would like to thank SportPesa for all of the work that has been done together. Our partnership has seen our first team visit Africa on two occasions, as well as former players and Club staff take part in numerous activations in the region. This has allowed us to grow our own footprint in Africa and further strengthen our special relationship with the continent,” Everton said in a statement.

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Africa

NSoft’s further penetration to the African iGaming markets

George Miller

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NSoft’s further penetration to the African iGaming markets
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African emerging market has been in NSoft’s focus for quite some time. In order to better explore possibilities that African iGaming market offers, NSoft has expanded its business operation’s team with two more dedicated sales managers settled in SAR and Nigeria.

This strategic decision resulted in a better understanding of the African market specifics and subsequently led to penetration into two new markets: Ethiopia and Burundi.

NSoft’s sportsbook, ever-popular draw-based games as well as beautifully designed virtual games have found their way to the players of three betting operators, new customers of NSoft at African iGaming market. In addition to this, two more retail-based sports betting operators from Ethiopia are in the final stage of production of NSoft’s Pre-Match and Live MTS complemented with web platform to be used for tickets’ code generation.

“It is always exciting to enter new markets, new countries. You basically have no formula for it – one has to do all research on market, trends and all define legal issues prior to any serious negotiation with potential clients. Thus, we are pleased to have additional sales forces on site that can quickly get into the matter and to respond with ease to any request of existing or potential clients,” said Ivan Rozić, SVP Global Sales & Business Development at NSoft.

To find out more about NSoft’s premium software solutions for betting and iGaming business, contact us at [email protected]

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