19th August, 2021
African Online Gambling: What to Expect in the Future
Let’s admit it. Coronavirus has changed the gambling narrative forever. And in Africa, it is business unusual as millions of gamblers accept the new norm of gaming from home. The closure of land-based businesses meant people had to shift their attention to online marketplaces. It also means that as people around the world grapple with social distancing rules until the epidemic is completely eradicated, gambling activities that rely mostly on internet connectivity thrive.
On a leading casino platform such as South African CasinoHEX, you will understand why gambling in Africa is set to achieve a massive milestone in the next five years. Thus, start by exploring CasinoHEX and what it has to offer new players. Moreover, Economic experts have shared impressive growth stats for eGaming in the continent since Covid-19 struck. This post walks you through vital statistical projections for gambling in Africa. Note that online gambling in Africa has realized steady growth in the last decade.
Mobile Payments Are Revolutionizing Gambling in Africa
Online gambling is changing the way Africans gamble. You could say the future of eGaming in Africa is mobile. Kenya’s eGaming industry is a perfect model of how mobile gambling works. For example, Kenya’s leading mobile wallet, M-PESA, is a gamechanger in how punters transact money between gaming sites and their banks.
With M-PESA mobile wallet, Kenyan punters can fund their gambling accounts almost instantly. It is a big improvement over bank deposits that could take days to reflect on gaming accounts. Moreover, M-PESA makes it easy to withdraw your casino winnings, and within seconds, the money will have hit your mobile wallet. M-PESA is now available in Rwanda, South Sudan, Uganda, and Tanzania.
The impact of mobile wallets in online gambling is mostly felt in Kenya, Tanzania, and Uganda, three countries that have a vibrant eGaming sector. In West African countries such as Nigeria and Ghana, mobile wallets such as MTN, Airtel Money, and Glo are changing the way gamblers fund their gaming accounts and withdraw winnings. Ethiopia is currently rolling out M-PESA infrastructure, and it could ignite the country’s interest in eGaming, an industry that has remained not only underexploited but also unregulated for many years.
Smartphone Gaming Is the Future of Online Gambling in Africa
We are living through the age of digital migration. As analog cell phones take a backseat in a world that is fast-changing, smartphones are the new craze in Africa. According to stats published on Statista, Africa is a major market for the world’s biggest smartphone manufacturers. For example, Samsung had the largest share of Africa’s smartphone market by April 2021, followed by OPPO.
Handsets shipped to Africa from the world’s largest smartphone manufacturers run into hundreds of millions. With more people owning smartphones, mobile gambling has also increased exponentially. A study by GeoPoll puts Kenya ahead in smartphone gambling. Most people who access gambling sites via smartphones are youths aged between 19 and 35. Uganda, Ghana, Nigeria, and South Africa follow closely in mobile gambling. In a nutshell, the next phase of eGaming in Africa is anchored on the smartphone revolution that continues to take precedence in most parts of the continent.
South Africa Will Remain a Pacesetter in Africa’s Online Gambling Scene
Most studies about online gambling in Africa have a common connotation about South Africa. The continent’s third-largest economy is the Mecca of gamblers looking for a feel-good gambling getaway. South Africa hosts some of the continent’s best land-based casinos. It is also home to Africa’s biggest gambling winners, especially those who participate in online lotto games.
While interactive gaming in the country is still illegal pending a presidential proclamation of the 2008 Gambling Act, South Africa’s gambling revenues continue to soar. Stats from the PwC report and South Africa’s gambling board show that the governments will reap R3.5 billion this year in eGaming taxes.
5G Technology to Improve Connectivity to Gaming Sites
5G Technology is fast taking shape around the world. In Africa, South Africa was the first to test the technology, followed by Kenya. As more people sign up with gaming sites across Africa, access to online casinos and betting sites also increases. Note that 5G technology is not a stand-alone improvement in Africa’s eGaming industry. It involves the large-scale use of smartphones, even in the remotest parts of the continent. The installation of 5G in Africa’s tech hub means more players in the gambling industry will consider moving business to this part of the world. It will be a win-win situation for gamblers and the government.
The advent of 5G internet connectivity also means gamblers in Africa have unfettered access to gambling sites and enjoy HD gaming experiences. With more online casinos now integrating VR and AR gaming onto their platforms, 5G technology couldn’t have been timelier for the African punter.
Because modern gambling relies heavily on the internet connectivity of clients, the fast-paced implantation of 5G across the continent is set to open up the eGaming sector beyond expectations. These massive improvements come at a time when the world still battles a pandemic that refuses to go away. Recently, COVID-19 killed more than 6000 people within seven days in Africa, possibly the largest daily casualties ever recorded in the continent.
Africa is a continent on the move. Top countries in the continent that are setting the pace for technological transformations include Kenya, South Africa, Nigeria, and Egypt. The ripple effect, especially from a gambling perspective, is always felt far and wide. And in the wake of a catastrophic pandemic that grounded the world to a halt at some point, every government seeks more ways of generating more taxes. While Kenya has been at the forefront of introducing punitive eGaming taxes, it is seen as an effort towards curbing a gambling culture that was becoming the root cause of many social ills. In South Africa, everyone has their fingers crossed as they wait for the government to finally allow interactive gambling, a law that will open up the online casino industry.