Cyril Ramaphosa, President of South Africa, has signed an executive order authorising the Special Investigating Unit (SIU) to probe alleged corruption and maladministration of the National Lotteries Commission (NLC). Signed by President Ramaphosa on 20 October, the order came into effect when it was published in the Government Gazette on 6 November. The Special Investigating Units and Special Tribunals Act’s …
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BCLB order spoils SportPesa Kenyan relaunch
SportPesa’s return to its home market of Kenya has been impeded following a licence suspension authorised by Kenya’s Betting Control & Licensing Board (BCLB). Following a year-long hiatus from Kenya’s sports betting market, SportPesa intended to relaunch its betting services this weekend under a licence held by new operating firm ‘Milestone Bet’. Prior to its planned re-launch, SportPesa CEO Ronald …
Read More »Virtual sports is not like slots, says Golden Race CEO
“Virtual sports is not like a slot game. You can’t just integrate it and let it go. You have to adapt, change according to what the market needs and work on a daily basis.” That was an appeal by Golden Race CEO Martin Wachter to delegates at the SBC Digital Summit Africa, where he joined a panel on ‘Enhancing the …
Read More »How esports betting continues to develop in Africa
In recent months the popularity of esports betting has grown exponentially worldwide, with the industry being one of the only sporting sectors to not be severely impacted by the global pandemic. Nevertheless, the industry’s impact in specific regions has yet to be fully analysed outside of Europe and the US. At SBC Digital Summit Africa, a panel of experts from …
Read More »Thinking Glocal: Digitain on the regional factors beyond the regulation
Digitain has set about providing the ‘world’s sportsbook’ to operators in Europe, America, Africa and Asia, regardless of the size or relative maturity of the regional markets. It is perhaps best known for its work in ‘developing’ markets, where the challenges are quite different to years gone by. Feliciana Cannillo, Deputy CEO at Digitain, explains why times of porting – …
Read More »Know Your Player… African betting can transition to risk-based-approach
Meeting an increase in consumer demand and operating scale across multiple markets, African operators are being pressured to significantly upgrade their customer KYC provisions. The ‘Know Your Player’ panel at the SBC Digital Summit Africa observed that African betting will have to overcome ‘distinct market peculiarities’ in order to find a common approach on KYC as a corporate discipline. Robert …
Read More »Africa must set it own course on VIP management
The comparisons between the European experience and Africa’s prospects with regards to servicing VIP programmes was a key focal point on yesterday’s ‘VIP in Africa’ panel at the SBC Digital Summit Africa. Taking part in the discussion was Ilze Jansone, managing director of online gambling in the West Africa region for BetBonanza, Brad Williams, head of VIP at Bet.co.za and …
Read More »African betting needs to move from its dependence on mobile money
The management of effective payment services has long been maintained as the critical discipline for betting operators servicing Africa’s unique market-by-market challenges. Expert insights detailed at the SBC Digital Summit Africa outlined that betting incumbents should prepare for new compliance demands, as all African markets will yet again be disrupted by rapid consumer changes and distinct technology take-ups. “Not …
Read More »Five valuable insights for operators on day two of SBC Digital Summit Africa
Day two of the SBC Digital Summit Africa virtual conference and exhibition will again provide invaluable opportunities to learn what it takes to succeed in the continent’s betting and gaming markets. The conference agenda for Wednesday 7 October will see senior executives with on-the-ground experience of a wide variety of African markets share their knowledge of the key issues affecting …
Read More »Adeniji: Regulatory disconnect a ‘headache’ for operators
The Nigerian national and state regulatory committees must ‘find the synergy to synchronise together’ to achieve a balance between state and national regulations according to Ibukun Okeowo, CEO of Gibet. Speaking on the ‘Challenges of West Africa’ panel on the first day of SBC Digital Summit Africa, Okeowo explained that there is a disconnect between the different types of regulations …
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