Online sports betting is booming in Africa

Certain African countries welcomed online sports betting with their arms open. Others were a little slower to accept this activity online. For example, the Kenyan government has issued several licenses to online betting operators and legalized this activity. According to Samuel Abubakar, Football Betting Specialist from AfricaCasinoHub.com, millions of Kenyans have an account at one or more bookmakers’ sites. 

More on online sports betting in AfricaRegardless of their language, race, social status, or religion, the people of Africa have one connection point. They generally adore sports, especially football. Sports betting markets have many opportunities to succeed on the African continent. This continent has a population of over 1.3 billion people and an average age of only 19.7 years. Also, according to the conducted research in the age group of 18 to 40 years, it was determined that 60 million inhabitants of Nigeria are actively engaged in sports. They spend an average of $15 or 3,000 nairas, on wagering per day. (source: AfricaCasinoHub.com).

Data from the South African government indicate that about 50-percent of adult South Africans regularly wager on sports. The situation is the same in central, eastern, and western Africa. Due to the rather lenient laws in the field of the wagering industry, American and European companies are rapidly expanding their business on this continent. 

Wagering laws are mostly new in many African countries. Given this, the online wagering markets are not yet fully regulated. South Africa is the only country that has properly regulated its online betting industry.

Many foreign betting companies have focused their services on the African market. Due to the huge competition, betting companies