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Sports
December 31, 2024
Zimbabwe Votes and Backs 10% Tax on Sports Betting Winnings
A new tax will make sports bettor in Zimbabwe feel a little underwhelmed when they see their net winnings. Even worse, the proposed and now enforced 10% tax which is taking effect on January 1, 2025, will be calculated on players’ gross winnings every time they get a wager right. Zimbabwe Hopes to Prop Up […]
Legal
November 25, 2024
Macau Legend to Dispute the Termination of Its Cape Verde Concession
Macau Legend Development Limited, an investment holding company that owns and operates gaming facilities in Macau and beyond, has disagreed with the Cape Verde government’s decision to terminate its concession. The holding plans to dispute the decision and is seeking legal advice. The Inaction Did Not Sit Well with the Government For context, the Cape […]
Industry
November 25, 2024
Supreme Court in Nigeria Hands Gaming Regulation to States
A historic decision of the Nigerian Supreme Court has put an end to a decade-long legal battle over the authority of regulating lottery and gambling activities in the country. State Governments Gain Authority over Gaming, Lotteries The decision on Friday effectively nullified the National Lottery Act 2005, a law that governed gambling nationally. The Nigerian […]
Industry
November 6, 2024
Betway Joins Forces with PSL to Champion Safer Gambling in South Africa
Betway, the title sponsor of the Betway Premiership, has unveiled a new agreement with the Premier Soccer League (PSL). The new agreement will revolve around safer gambling and comes in time for National Responsible Gambling Month. Betway Will Double Down on RG During National Responsible Gambling Month As part of the agreement with the largest […]
Industry
November 6, 2024
South Africa Must Reform Casino Regulations to Exit FATF Grey List
South Africa is making a concerted effort to exit the Financial Action Task Force (FATF) grey list, targeting full compliance by mid-2025. Although the country has strengthened its anti-money laundering (AML) and counter-terrorist financing (CTF) policies since the FATF’s original 2021 evaluation and the subsequent follow-up report in 2023, issues like casino licensing and regulation […]
Business
October 29, 2024
Tekkorp Appoints African Partner as It Doubles Down on the Region
Tekkorp Capital, a major gaming investor and advisor, is doubling down on its efforts in Africa as it seeks to unlock the region’s potential. To that end, the firm appointed a new Africa partner who will spearhead its investment ambitions in the region. O’Donovan Will Spearhead Tekkorp’s Expansion in Africa The one up to the […]
Sports
October 10, 2024
Botswana Gambling Authority Issues New Licenses, Prompting Industry Growth
The Botswana Gambling Authority has made a big move to boost the country’s gambling industry. They have given out several licenses that will shake things up and help the economy grow. Marvin Torto, chairperson of the Botswana Gambling Authority, shared this news. Botswana Gambling Authority Awards 16 Licenses After Thorough Review The process started with […]
Industry
February 16, 2024
Nigeria Lawmakers Consider Stopping Sports Betting
Over the last decade, the popularity of sports betting has grown exponentially. Besides North America, the activity is picking up speed in South America, Europe, as well as Asia and Africa. Currently, Nigeria has a population of 227.1 million people, and more than a quarter participates in wagering on sports daily. Data released by the […]
Sports
February 9, 2024
Nigeria vs. Ivory Coast 2024 AFCON Semifinal Odds, Time, and Prediction
Ivory Coast is the host of the 2024 Africa Cup of Nations (AFCON), which is arguably the biggest advantage of this team over Nigeria. However, Nigeria’s form has been much, much more impressive which explains why betting odds favor Super Eagles to win the title. Ivory Coast vs. Nigeria Odds Moneyline Odds Ivory Coast +190 […]
Sports
February 6, 2024
Ivory Coast vs. D.R. Congo 2024 AFCON Semifinal Odds, Time, and Prediction
Ivory Coast is the host nation of the 2024 Africa Cup of Nations a.k.a. AFCON. This is one of the main reasons why this national team is second on the list of top favorites to win the title. However, Les Elephants haven’t been too impressive in this tournament. Is their relatively poor form something that […]
