Outlook | July 18, 2023 | GC Editorial, Research & Data
This report is part of Vixio GamblingCompliance’s Outlook series, which provides subscribers with forward-looking insights, data analysis and consolidated research on key segments of the global gambling industry. This edition is designed to provide high-level intelligence and forecasts for the major African gambling markets during an exciting period where many governments on the continent are undertaking online gambling expansion and regulations, while modernising their digital infrastructure. On top of this, many African governments are exploring new methods and reforms to increase tax collection through electronic monitoring systems and industry collaboration, all while battling growing public concerns surrounding the proliferation of gambling.
30% - Increase year-on-year in Kenya tax collection for first six months of 2023
This outlook report includes:
- A guide to the current state of regulation in various key and upcoming jurisdictions.
- Policy perspectives on advertising, enforcement and taxation.
- Data analysis and market forecasts for Nigeria and South Africa.
Online slots rollout further boosts South African market
South African fixed-odds sports betting revenue across retail and online channels climbed by 57 percent year-on-year to R12.8bn ($711.9m) in the year ending March 2022, despite revenue remaining below pre-COVID levels in four out of nine provinces, including Gauteng, the country’s most populous region.
Sector growth was again driven by the mid-sized provinces of Western Cape and Mpumalanga, where licensee revenue has boomed amid the rapid adoption of live dealer casino games and, more recently, online slots following their approval as “contingent events” for betting in these provinces.