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Mozambique attracts $36 million investment through casino concessions Mozambique Market analysisFive casino concessions in Mozambique have successfully attracted investments totaling 2.2 billion meticals (approximately $36 million), as announced by President Filipe Nyusi at the opening of the 10th edition of Fikani, Mozambique’s International Tourism Fair, held in Maputo.August 13, 2024 -
Tanzania's Gaming Board targets 200 billion TZS in sports betting revenue for 2024/25 Market analysis TanzaniaThe Gaming Board of Tanzania (GBT) aims to collect approximately 200 billion Tanzanian Shillings (TZS) through sports betting in the fiscal year 2024/25, as reported by local media outlet Daily News. This target represents an increase of nearly 18% from the previous year's goal of 170 billion TZS.July 24, 2024 -
PMU Mali reports record profit of 22.5 billion FCFA, signaling strong growth Market analysis MaliKafogo Coulibaly, Chairman of the Board of Directors of PMU Mali, announced during the opening of the 61st Board meeting that the company achieved an exceptional profit of 22,585,163,605 FCFA in 2023, compared to 20,911,366,261 FCFA in 2022 and 6 billion FCFA in 2021. This represents a 7.41% increase over 2022, a difference of 1,673,797,344 FCFA.July 24, 2024 -
Angola's gaming sector generates 10.1 billion kwanzas in tax revenue for 2023 Market analysis AngolaAngola's gaming sector generated 10.1 billion kwanzas in tax revenue for the state in 2023, with expectations to reach 16 billion kwanzas this year, according to Paulo Ringote, Director-General of the Gaming Supervision Institute (ISJ).July 17, 2024 -
Jackpot giants: The largest lottery wins in history Market analysisLotteries have been captivating the imaginations of people around the world for centuries. The allure of winning a life-changing sum of money with the simple purchase of a ticket is a dream shared by millions. In this article, we will take a closer look at some of the biggest lottery winnings in the world, showcasing the stories of those lucky few who hit the ultimate jackpot.July 10, 2024 -
Connecting Africa: The evolution of Internet access Market analysisInternet access has become a fundamental aspect of our daily lives, allowing us to communicate, interact and access information like never before. However, African countries face unique challenges when it comes to internet access.July 8, 2024 -
Angola's gambling revenue surges by 126.9% in Q1 2024 Market analysis AngolaAngolan Gaming Supervision Institute (ISJ) has released its Quick Information Sheet (FIR) for the first quarter of 2024, providing key statistical and tax information about the gaming sector.June 9, 2024 -
Over half of Nigerians engaged in sports betting in the past 12 months, reports TGM Market analysis NigeriaA staggering 51.7% of Nigerians have placed bets on sports in the past year, according to the latest Gambling and Sports Betting Report Overview by TGM Research. The report provides a detailed analysis of gambling behaviors in Nigeria, highlighting significant trends and participation rates.June 4, 2024 -
Growth in Africa helps boost Super Group's Q1 2024 revenue by 12% Market analysisSuper Group (SGHC) Limited (NYSE: SGHC), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced its first quarter 2024 unaudited consolidated financial results. The company reported a significant increase in revenue, marking the highest recorded in a first quarter.May 8, 2024 -
AGEM Index down 9.0% in April 2024 Market analysisThe Association of Gaming Equipment Manufacturers (AGEM) index, which depends on the share price of the 12 largest casino equipment suppliers, stood at 1,109.06 points in April 2024. This is stated in the association's report.May 3, 2024
