The new frontier: Why Africa should not be undervalued or underestimated as a gambling market

The new frontier: Why Africa should not be undervalued or underestimated as a gambling market

Article brief provided by SBC News
  • Ted Orme-Claye, SBC News
October 1, 2022 12:11 PM

‘If it was easy, everyone would do it’ – this sentiment rang through loud and clear at the SBC Summit Barcelona last week, which saw five industry leaders discuss opportunities and difficulties of Africa’s betting market.

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Moderated by Simon Burrell, Managing Director – Nigeria at LiveScore Group, the ‘Approaching Africa’ panel examined cross-market comparisons, the role of cryptocurrency and regulatory impacts.

Africa is of course a hugely diverse continent, home to 54 different nations each with varying languages, with European languages spoken widely but also numerous regional dialects.

At Moja Group – operator of the Mojabet brand – company Co-Founder and Director Marc Saba explained that the firm sees the continent as ‘54 unique markets’, exploring opportunities as and when they are identified across borders.