EGT Digital recently announced that its gaming products have officially launched on the platform of the well-known operator Bangbet in Tanzania. Following outstanding market performance in Kenya and Nigeria, this collaboration further expands to Tanzania, marking a steady progression of EGT Digital'
Tanzania's gambling industry is undergoing a profound transformation driven by technology, with digital platforms rapidly emerging and now accounting for over 70% of the national gambling market share. According to the Citizen Report, online betting has become the mainstream method in 2023, with mor
The gambling market in sub-Saharan Africa is heating up rapidly, and people's work and life status have become important factors affecting gambling habits. A recent survey found that there are significant differences in the way and frequency of betting depending on the profession.GeoPoll conducted a
Gambling Industry Boosts Tanzanian EconomyThe Tanzanian gambling industry is experiencing unprecedented growth, not only driving record revenues but also creating about 30,000 jobs nationwide. According to data released by the Tanzanian Gambling Board (GBT), gambling tax revenue grew from 1319.9 bil
The Tanzanian Gaming Board (GBT) has issued a warning to parents and guardians to monitor their children's activities on PlayStation games, as some games may be used for gambling activities.GBT Acting Director General Daniel Olesumayan stated at a media briefing held at the Ministry of Finance regis
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
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
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
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
Denmark’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
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
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
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
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,
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
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
