#31: African Sports betting & gambling tech - The rise & expansion of betting services across Africa

Overview: Today we’re going to talk about Sports betting & gambling tech in Africa. We share some context about betting in developed and emerging markets, analyze betting tech companies across Africa & end with our overall outlook. This episode was recorded on Jun 13, 2021.

Companies discussed: BetKing, Betway, Bet9ja, BetBonanza, SportPesa, BetFair, Bet365, Flutter entertainment, Paddy Power, Walletec, 22Bet, William Hill & Multichoice

Business concepts discussed: Gambling, Betting, Tech policy, Taxation strategy & Government Tech

Conversation highlights:

(01:00) - Why we’re talking about sports betting / gambling + how it works

(11:10) - Betting & Sports gambling in the UK

(18:20) - Betting & Sports gambling in India

(21:20) - Context of sports betting in Africa

(31:57) - Gambling regulation across African countries

(37:39) - Western Africa betting startups

(43:32) - Southern Africa betting startups

(49:40) - Eastern Africa betting startups

(57:30) - Northern African betting startups

(1:00:17) - Bankole’s overall thoughts

(1:10:09) - Olumide’s overall thoughts

(1:16:05) - Recommendations and small wins

Olumide’s recommendations, small wins & open questions:

Recommendation: The Ride of a lifetime (by Bob Iger). Loved it. Email [email protected] with autobiography recommendations

Small win: Las Vegas last weekend (fun getaway) with friends :)

Bankole’s recommendations, small wins & open questions:

Recommendation: Caught In The Study Web & Feeling by Ladipoe

Small win: UFC 263. Ask about Izzy. Aya bi Ekun.

Other content: Nigeria needs to raise tobacco taxes, Collar option strategy & Brandon Moreno UFC 263 Octagon interview

We’d love to hear from you. Please email [email protected] to share feedback or propose topics you’d like to hear.

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