Africa

African news

CIRSA full unit recovery delivers peak profits of €550m 

SBC News CIRSA full unit recovery delivers peak profits of €550m 

Grupo CIRSA has lauded its 2022 financial recovery as all core business units “return and outperform pre-COVID 2019 trading”.  Full-year 2022 results saw the Blackstone-owned Spanish gambling group declare an operating profit of €552m, up 66% on the corresponding FY2021 result of €331m. Headline growth was attributed to CIRSA units achieving a combined peak operating income of €1.74bn, ahead by …

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Sisal strengthens North African hold with Moroccan sports betting licence

Sisal Morocco

Flutter Entertainment’s Sisal Italia subsidiary has secured its latest international licence, having been awarded an exclusive eight-year sports betting licence in Morocco. The operator emerged as the victor in the tender process for Moroccan sportsbook operations from the La Marocaine des Jeux et des Sports (MDJS), whilst the licence has the added possibility of a two-year extension. Sisal will be …

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Betway grows women’s football in Ghana via enhanced GFA deal

SBC News Betway grows women’s football in Ghana via enhanced GFA deal

Betway has extended its sponsorship with the Ghana Football Association (GFA) relating to its Women’s Premier League. The online betting and gaming brand will continue to be the official development partner of the league, enhancing its brand recognition in the country. Kwabena Oppong Nkrumah, Country Manager at Betway, stated: “We are delighted to announce an extension of our sponsorship with …

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Sun International renews long-running Kambi sportsbook partnership

Sun International Casino, Pretoria, South Africa. Kambi.

One of Kambi’s longest-running sportsbook supply partnerships has been extended, as the firm puts pen to paper with African firm Sun International. As a result, the Stockholm-listed B2B solutions provider will continue to support Sun International’s multi-channel operations with its sports betting technology and services. Trading on the Johannesburg Stock Exchange, Sun International is a prominent operator in South Africa, …

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Adam Smith: Leading FSB in 2023

SBC News Adam Smith: Leading FSB in 2023

A few weeks on from his appointment as interim Chief Executive Officer of FSB, Adam Smith is settling into the role and looking forward to the year ahead.  Smith sat down with SBC News about the global markets on his agenda for the next 12 months, touching upon the reasons why he was attracted by the opportunities at FSB and …

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Technamin appoints Hmayak Manukyan to seize Africa’s ‘golden opportunity’

Technamin appoints Hmayak Manukyan to seize Africa’s ‘golden opportunity’

Technamin has announced a new addition to its senior management, appointing Hmayak Manukyan as its Regional Director for Africa. Described by the firm as an experienced salesman, Manukyan will lead the company’s growth strategy across African betting markets. The new hire has been charged with leveraging his knowledge of the industry with the development of the latest technologies, which the …

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Two tennis players found guilty of match-fixing by the ITIA

SBC News Two tennis players found guilty of match-fixing by the ITIA

Two Algerian tennis players have been banned from the sport as the result of investigations into match-fixing. The International Tennis Integrity Agency (ITIA) has put in place a lifetime ban for Mohamed Hassan, and a two-year ban for Houria Boukholda (with 18 months suspended). Additionally, Hassan was fined $12,100 and Boukholda fined $10,000 (with $9,000 suspended). There were reportedly several …

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Honoré Gaming: Creating the next boom in the African market

HEADER: Honoré Gaming: Creating the next boom in the African market

As a vast continent with a large, young and sports enthused population, it is unsurprising that Africa poses great potential as an emerging betting market with a strong growth rate, albeit with some local hurdles in areas of regulation and payments in particular. Discussing his experience and providing insights on the African betting industry with SBC Leaders, Honoré Gaming’s CEO, …

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