Africa
Quanta Expands Its Footprint In Africa
Quanta is delighted to announce that it has secured a local license to operate lotteries in Zambia through the acquisition of a majority stake of local company Pleasure Sports Innovations Ltd. This is Quanta’s second lottery license in Africa following its majority acquisition of International Lottery and Gaming Limited, the operator of Naija Lottery in Nigeria. The introduction of Quanta’s innovative blockchain lottery and accompanying digital services provided via Quanta Pay is expected soon after the commencement of business operations in Q3 2020.
Pleasure Sports Innovations Ltd is licensed by Zambia’s Gaming Commission and is a fast growing betting and smart solutions company leveraging the power of blockchain to serve its customers. The company is also positioning to launch the first end-to-end blockchain lottery in the region following its cooperation with Quanta. “We are excited about the opportunity to work with Quanta to develop and provide a social impact lottery that will contribute to selected good causes whilst creating value for Zambia and its citizens.” commented Darius Sinkamba, CEO of Pleasure Sports Innovations.
Quanta will use its core market in Nigeria as the basis to develop and launch innovative Africa-centric gaming and fintech products in new markets it secures across the continent. Quanta’s successful acquisition of Naija Lottery in 2018 established Quanta as the first blockchain lottery company to operate a traditional lottery, and is the basis for its ambitious growth plans for the region in 2020 and beyond.
Quanta’s acquisition of Pleasure Sports Innovations was led by Quanta Africa SVP John Kamara and Quanta CEO Harmen Brenninkmeijer from Quanta Africa’s base of operations in Nairobi Kenya. This acquisition sees Quanta expand its presence into the southern African state which has a population of almost 18 million and GDP of more than USD 25 billion. According to Zambian Watchdog, iGaming in South Africa is fast becoming a vast and lucrative market, with countries such as Zambia leading the charge. This has led to social impact from economic growth to job creation to increasingly mobile-friendly generation from the growing middle class Millenials (Gen Y). Unicef quoted that Zambia has an estimated median age of 16.7 years which is one of the lowest in the world with the vast majority of these Millenials potentially embarking on the latest technology. Improved mobile connectivity and lower data costs for Zambian have led to the number of mobile internet users reaching a new record high of 7.1 million users, with a vast proportion wagering regularly online thru a smartphone or tablet device. According to ZICTA statistics, the penetration of internet and mobile phone users was 62.7% and 97.2% respectively, one of the highest in sub-Saharan Africa as investment growth in Information and Communication Technology is testament to the future of the new technologies.
Zambia has made significant achievements in the education sector since 2000. According to Unicef, enrolment in primary education reached 3.3 million in 2017, up from 1.6 million in 2000. Girls are now enrolling in primary school in the same numbers as boys. But there are an estimated 800,000 school-aged children that are out of school. Access to early childhood education is low with only 26 per cent of children entering Grade 1 with any such experience. One can imagine the unlimited possibilities for many children who decide to study and embrace the new blockchain technologies which is an area that Quanta is happy to work in cooperation with the education sector and communities.
Quanta enters into South African region along with its business roadmap. Besides, Quanta builds its local representative office, Quanta Africa, in Nairobi, Kenya in this quarter with John Kamara as SVP/Managing Director. John is an experienced marketing, business growth and market acquisition executive with over 20 years in the international gaming industry.
On the expansion into Zambia, Quanta Africa MD John Kamara: “We see the acquisition of Pleasure Sports in Zambia as a key step forward in our ambition to maintain Quanta’s position as the leading operator of blockchain-based gaming, lottery and fintech solutions in Africa. Zambia represents an exciting opportunity to expand our footprint in a smart young country with a stable currency whilst providing much needed revenue to good causes as well as the opportunity for players to win attractive prizes.”
Harmen Brenninkmeijer, CEO of Quanta, commented on the new business expansion. “The new entrance in Zambia will play a pivotal role for Quanta to build a blockchain network in Africa, with lottery at the core of our strategy. We will give an additional use case of our blockchain technology which will further support regional acceptance of the technology, our products and company.”
Following the establishment of business operations, Quanta plans to launch a lottery and a sports betting product, with both ultimately being supported via Quanta Pay, Quanta’s digital services hub that provides payments as well as additional digital services in the future.
“2020 is set to be a very interesting year for Quanta,” continued Brenninkmeijer. “We have worked hard to establish a rapid turnaround and are now starting to see the impact our focus has had on the outlook of Quanta’s new business development. As a blockchain technology company, we now have interests in two major African markets that typically would go to traditional technology companies. It is an enormous endorsement for Quanta, the team, our technology and products that we are able to make this announcement and we are excited to develop a product offering that Zambian customers can positively engage with.”
More is to come in the new roadmap: https://www.quantalottery.com/roadmap/
About Quanta:
Quanta is a pioneer in the development of blockchain solutions for gaming. In 2017, the company launched the first licensed blockchain lottery, fully utilising blockchain together with its NMI-certified random number generator, Randao, which is entirely built and operated on blockchain. Quanta’s utility token, QNTU trades on six renowned cryptocurrency exchanges including HitBTC and Bit-Z.
Africa
Booming Games Partners with Hollywoodbets to Launch Immersive Slots Games in South Africa
Booming Games proudly informs about its newest partnership with leading operator Hollywoodbets.
Booming Games is thrilled to announce this significant collaboration with Hollywoodbets, one of the largest operators in Africa. The South African online gaming market is one of the world’s most exciting and rapidly emerging regulated markets. This tier-one partnership will allow Booming Games to provide its entire portfolio of slot games, ensuring a broad and engaging selection for players. Among the top-performing titles included are Ronaldinho Spin, Burning Classics, Gold Gold Gold 5000, TNT Bonanza 2, and Cash Pig. Both companies are confident that this partnership will bring unparalleled gaming experiences to the South African market.
Solomon Godwin, Head Africa at Booming Games, said: “South Africa, a robust market on the continent, offers tremendous opportunities for Booming Games. Partnering with a top-tier operator like Hollywoodbets enhances this potential. Hollywoodbets exemplifies the tier-one client we seek to support our growth ambitions in the region, and we are thrilled to collaborate with them.”
Wayde Dorkin, Head of Product at Hollywoodbets, said: “We are excited to partner with such a progressive slots provider. We expect our customers to take well to Booming Games and are planning to launch some of their groundbreaking new content exclusively in South Africa.”
Africa
SunBet Extends Online Betting Platform Contract with Bede Gaming Amid Record-Breaking Performance
SunBet Extends Online Betting Platform Contract with Bede Gaming Amid Record-Breaking Performance
Bede Gaming has secured a further contract extension with South African online sports betting brand SunBet, the digital arm of Sun International and one of the fastest growing operators in the SA online market.
The new contract renewal comes as SunBet reports record-breaking digital growth in its H1-24 performance report, including a 72% year-over-year (YoY) growth in revenue and 72% increase in active players, driving an 89% improvement in EBITDA.
As a leading supplier of software to the igaming industry, Bede has supported the ambitions of this customer with tailored features and services to achieve SunBet’s business objectives while delivering the highest cost efficiencies.
Since the launch of the SunBet Slots offering in 2022, Bede has provided various additional optimisations, including integrating 7 new game providers to SunBet.co.za, releasing enhancements to the existing Kambi Sportsbook integration functionality, and delivering bespoke training on product features such as Bede’s powerful rules engine and bonusing suite.
This year alone, Bede has partnered with SunBet’s operations to –
- Optimise environmental infrastructure, aiming to deliver run cost efficiencies that will reduce the total cost of ownership by 30% by the end of the year.
- Develop a bespoke aggregator tool to achieve cost-effective game content customisation via a streamlined South Africa-specific solution.
- Enter into the new regulated markets of Namibia and Botswana (due to launch in 2024).
Colin Cole-Johnson, Bede Chief Executive Officer.“It’s been fantastic to see SunBet grow throughout the course of our partnership, and I’m delighted by their commitment to Bede at this crucial point in their journey. Securing another extension on this contract is testament to our dedication to our customers.”
SunBet’s partnership with Bede dates back to 2017, when digital offerings to this market were restricted to sports betting and live casino. With the change to slot content regulation in the South African market in August 2022, SunBet has expanded its online offering through Bede’s platform environment and has seen substantial growth in revenue and performance as a result.
Simon Gregory, SunBet Chief Executive Officer Bede has been a strong long-term partner for us, supporting and delivering on SunBet’s growth ambitions with quality and expertise. I’m very much looking forward to these next steps, especially now as we approach new African expansions.”
Africa
EveryMatrix secures largest African turnkey deal with MBet partnership
EveryMatrix has sealed its largest turnkey platform partnership in Africa to date and will migrate MBet from its existing software to EveryMatrix technology.
The turnkey sportsbook agreement will see EveryMatrix power MBet with its award-winning technology in Tanzania and the Democratic Republic of Congo (DRC).
MBet’s sports betting offering will be transformed via the high-performing, ‘always-on’ OddsMatrix digital sportsbook platform that includes access to a content catalogue of 170,000+ monthly live sportsbook events, empowering Odds Management control tools and comprehensive 11-sport pre-live and live Bet Builder.
The East African operator will also gain access to a suite of player-friendly localised products including in-house lightweight front end, USSD betting, SMS functionality, Do It Yourself manual event creation tools and a dynamic betslip engine supporting 50+ accumulator selections.
This enhanced sportsbook platform package will be further supplemented by the integration of additional EveryMatrix core turnkey products including casino productivity platform CasinoEngine, cross-product reward system BonusEngine and player management platform GamMatrix.
Migrating from 11-year-old proprietary technology to an EveryMatrix tech stack, MBet becomes the latest ambitious operator to join the rapidly expanding EveryMatrix platform network. Fresh from the recent acquisitions of FSB Technology and Fantasma Games, the industry’s fastest growing iGaming technology supplier now has more than 1,100+ staff across 15 global offices.
Established in 2013, MBet has developed into one of the leading sportsbook brands in the competitive East African region following the creation of a customer-centric proposition aided by a portfolio of local sports partnerships.
Ebbe Groes, CEO and co-founder, EveryMatrix, said: “This tier-1 African turnkey partnership sends a strong signal that EveryMatrix is rapidly becoming the ‘go-to’ platform provider for ambitious operators in the exciting Africa region.
“Africa presents a unique set of scalability challenges for platform providers and, with millions of bets processed daily across our OddsMatrix sportsbook platform, this is a region tailormade for the transformative capabilities of the EveryMatrix technology.
“I’m particularly pleased to see this deal follow our acquisition of FSB Technology. FSB has developed a strong client base across the African continent and the experience and product readiness from FSB was instrumental in EveryMatrix winning this landmark deal.
“We are pleased to welcome MBet to the EveryMatrix platform and look forward to propelling their offering into a market-leading proposition in Tanzania, DRC and beyond.”
Javier Diaz, CEO, MBet, said: “We are immensely proud of everything MBet has achieved in the last decade. Securing leading positions in Tanzania and the DRC has demonstrated the growth journey we’ve been on.
“What has become clear in the last 18 months is that to take us to the next level in our operations we need to be aligned with a leading third-party technology provider.
“After a thorough search we are confident that we have selected the right partner in EveryMatrix. The hyper growth they have achieved globally in the last several years has been inspiring and their end-to-end turnkey offering provides us with the content, tools, features and localised capabilities to differentiate our daily offering and scale MBet upwards onto a new level.”
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