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Tanzania's gambling industry accelerates transformation: Over 70% of bets shift online, raising concerns about regulation and addiction risks.

Tanzania's gambling industry accelerates transformation: Over 70% of bets shift online, raising concerns about regulation and addiction risks.

According to the "Citizen Report", the Tanzanian gambling industry is experiencing an unprecedented digital reshaping. In 2023, the total number of gambling users in the country reached 39.5 million, accounting for about 56% of the total population, with more than 70% of betting activities occurring

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Tanzania Initiates Major Gambling Law Overhaul: Public Opinion to Determine the Future Direction of the Industry

Tanzania Initiates Major Gambling Law Overhaul: Public Opinion to Determine the Future Direction of the Industry

Tanzania is preparing for a landmark comprehensive reform of its current gambling law system. The Tanzanian Law Reform Commission recently announced that gambling regulations will be included as one of the current seven key legal research topics, aimed at addressing the predicament where the existin

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2025 SBC Summit Focuses on African Betting Market: New Agenda Interprets Opportunities and Challenges in African Betting

2025 SBC Summit Focuses on African Betting Market: New Agenda Interprets Opportunities and Challenges in African Betting

The 2025 SBC Summit will be held on September 16 at the Lisbon International Exhibition Center (FIL), featuring for the first time a dedicated Emerging Markets segment focusing on the African betting market, to deeply explore the rapid development and potential opportunities of the African gaming in

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East African iGaming Market Welcomes the Inaugural iGF East Africa Expo: Promoting Industry Exchange and Cooperation

East African iGaming Market Welcomes the Inaugural iGF East Africa Expo: Promoting Industry Exchange and Cooperation

For a long time, the thriving iGaming market in Sub-Saharan Africa has lacked high-quality international social events, leading many key stakeholders in East African iGaming to feel underserved. However, this rapidly growing region has shown a strong demand for opportunities to establish internation

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Danish Gambling Authority stresses FATF's updated high-risk jurisdictions

Danish Gambling Authority stresses FATF's updated high-risk jurisdictions

Denmarkโ€™s Gambling Authority, Spillemyndigheden, has drawn attention to the latest updates from the Financial Action Task Force (FATF) on high-risk jurisdictions, reinforcing the importance of compliance with global anti-money laundering (AML) and counter-financing of terrorism (CFT) measures. The

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African Betting: An Industry with Rich Opportunities and Continuous Development

African Betting: An Industry with Rich Opportunities and Continuous Development

Gambling has existed for centuries and has evolved into a multi-billion dollar industry globally. Africa, as the world's second-largest continent, has not been left behind in the gambling craze. In recent years, the number of gambling companies and the amount of betting in Africa have both increased

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Why have cryptocurrency gambling sites become a new trend in Africa?

Why have cryptocurrency gambling sites become a new trend in Africa?

Africa is on the brink of significant technological growth. More and more people are using the internet and smartphones, entering a new phase of online finance combined with entertainment. Researchers believe that around 120 million people in East Africa own cryptocurrencies.This digital transformat

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EveryMatrix reports a 66% revenue increase for the third quarter of 2024, significant acquisitions strengthen its position in core casino and sports markets.

EveryMatrix reports a 66% revenue increase for the third quarter of 2024, significant acquisitions strengthen its position in core casino and sports markets.

iGaming technology solutions provider EveryMatrix reports a record high net revenue of 45 million euros (47.8 million USD) for the third quarter of 2024, a 66% increase year-over-year.The company's EBITDA profit margin remains at 52%, exceeding 50% for six consecutive quarters, with EBITDA reaching

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EveryMatrix has reached a turnkey partnership in Africa with MBet, who will move away from its previous sports betting technology provider.

EveryMatrix has reached a turnkey partnership in Africa with MBet, who will move away from its previous sports betting technology provider.

Supplier EveryMatrix announces a new turnkey sports betting technology partnership with MBet in Africa, integrating the OddsMatrix platform into MBet's sports betting products.The new agreement covers Tanzania and the Democratic Republic of Congo (DRC), and will add a range of sports betting events,

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Online casinos are reshaping the gambling experience in Africa, focusing on the trends and growth opportunities in the African casino industry.

Online casinos are reshaping the gambling experience in Africa, focusing on the trends and growth opportunities in the African casino industry.

Driven by technological advancements and changes in the regulatory environment, the African gaming industry is experiencing significant growth. As more countries embrace the legalization of gambling, there is increasing interest in establishing casinos that attract both local and international touri

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EveryMatrix closes the largest turnkey deal in Africa after partnering with MBet

EveryMatrix closes the largest turnkey deal in Africa after partnering with MBet

MBet becomes the latest operator to join the rapidly expanding EveryMatrix platform network.Press release.- EveryMatrix has sealed its largest turnkey platform partnership in Africa to date and MBet will migrate from its existing software to EveryMatrix technology.Thanks to the turnkey sports bettin

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EveryMatrix Signs Landmark Turnkey Deal With MBet To Expand In Africa

EveryMatrix Signs Landmark Turnkey Deal With MBet To Expand In Africa

EveryMatrix has announced a major new partnership with East African betting operator MBet, marking its largest turnkey platform deal in the African market to date. As part of the agreement, EveryMatrix will transition MBetโ€™s operations from its existing software to EveryMatrixโ€™s advanced technology

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MBet agrees EveryMatrix partnership

MBet agrees EveryMatrix partnership

MBet will migrate from its existing software in Tanzania and the Democratic Republic of Congo following a new partnership deal with EveryMatrix. The agreement is EveryMatrixโ€™ biggest turnkey platform partnership in Africa to date. MBetโ€™s sports betting offering will be transformed via the high-pe

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NE Group has partnered with Betika to launch the fast-paced game "Defender" in Africa, expanding its coverage in multiple African countries.

NE Group has partnered with Betika to launch the fast-paced game "Defender" in Africa, expanding its coverage in multiple African countries.

NE Group collaborates with Kenya's Betika to launch its football-themed collision game, Defender, to new audiences in Kenya, Tanzania, Ethiopia, and the Democratic Republic of Congo.First launched in 2022, Defender incorporates elements of strategy and real-time decision-making, where players must d

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NE Groupโ€™s Football-Themed Game Defender Goes Live With Betika

NE Groupโ€™s Football-Themed Game Defender Goes Live With Betika

NE Group, a prominent B2B iGaming software provider, has teamed up with Betika, Kenyaโ€™s leading sports betting platform, to bring its popular football-themed crash game, Defender, to new markets across Africa.First launched in 2022, Defenderoffers a thrilling twist on the crash game format by combin

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Booming Games collaborates with Maybets to enter the East African market, as Kenya's online gambling market continues to grow steadily.

Booming Games collaborates with Maybets to enter the East African market, as Kenya's online gambling market continues to grow steadily.

Booming Games announces a partnership with Maybets, an online betting and gaming platform operating in East Africa, with a focus on Kenya. Through this agreement, Booming Games will provide its casino game portfolio to Maybets users.Following the partnership, Maybets will offer a range of Boom

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