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
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 MBet’s operations from its existing software to EveryMatrix’s advanced technology
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 EveryMatrix’ biggest turnkey platform partnership in Africa to date. MBet’s sports betting offering will be transformed via the high-pe
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
NE Group, a prominent B2B iGaming software provider, has teamed up with Betika, Kenya’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
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
Sports Information Services (SIS) has established a new partnership with 888Africa, integrating its live numbers product into the operator's platform.This collaboration is supported by an iFrame specifically developed for the region in partnership with Bitville Gaming. All 200,000 of SIS's live draw
Galaxsys, a leading provider of innovative gaming solutions, announced its strategic partnership with Betika, one of the top sports betting platforms in Africa. This collaboration will allow Galaxsys to deliver its high-quality portfolio to Betika, which has a large player base across various Africa
Playtech has stated that it is “on course to deliver” its FY 2024 adjusted EBITDA slightly ahead of expectations, as B2B operations during the first half of the year drove growth for the business.Reflecting on the financials, CEO Mor Weizer noted that the company is “well placed” for growth with pla