Africa

Sunbet maintains its position as one of the leading online bookmakers in South Africa according to the group’s parent company. The latest financial results from Sun International detailed a 61% increase in revenue for the firm’s online sportsbook brand from R733m (£31.3m ) to R1.2bn (£51.2m), while adjusted EBITDA was up 64% from R221m to R361m. “SunBet continues to present …

MeridianBet has received full regulatory approval from the Lagos State Lotteries and Gaming Authority (LSLGA), enabling it to take a step further in its African expansion plans. Tapping into Nigeria’s £1.5bn betting industry, the operator will now supply its offerings to players in the country via the company’s newly licensed local operation – Masterlive Network Limited. The move follows 20 …

Logifuture has strengthened its partnership with sportsbook Bolabet via the integration of Zoom Soccer. Zoom Soccer delivers ‘ultra-realistic’ virtual events for sportsbook users, and is powered by RNG to create a ‘fast-paced’ and ‘immersive’ betting experience that aims to mirror the excitement of real-life football games. The igaming product supplier now allows for Bolabet to offer more than 30,000 extra …

VeliTech CEO Giorgi Aleksidze sits down with SBC News to chat about all things South Africa. After identifying the market as a key growth opportunity, the provider of sports betting and online casino solutions opened an office in South Africa in January 2025 with a local team ready to support clients. SBC News: What are VeliTech plans for the South …

SIS (Sports Information Services) has launched its Competitive Gaming product with Dafabet in Asia, Europe, Africa and Latin America. The operator has now gone live with the esports betting product which presents round-the-clock, short-form betting opportunities across 200,000 annual events. Prean Naidu, Commercial Manager, (UK, Europe and Asia) at SIS, commented: “The launch of H2H Global Gaming League events with …

Super Group (SGHC) has declared its “best year in business”, successfully navigating significant corporate adjustments following Betway’s exit from the US market. Publishing its Q4 and full-year 2024 accounts, the NYSE group and  parent company of Betway and Spin brands reported record group revenues of €1.7bn, up 21% on FY2023 results of €1.4bn. The year ended on a high as …

Meridianbet has officially launched in Nigeria following a partnership with Masterslive Network.  The move builds on its success in other African markets such as Tanzania and South Africa. Nigeria’s betting industry is one of the largest in Africa, with an estimated market value exceeding $2bn in 2023. A report from Statista suggests nearly 60 million Nigerians, primarily aged between 18 …

Success in Brazil is likely to prove tough to achieve for operators despite the regulation of the market, Superbet Brazil CEO Alex Fonseca tells the new issue of SBC Leaders magazine. Industry eyes have been firmly focused on Brazil since its regulated market launched at the beginning of January and that attention is set to intensify when the SBC Summit …

Mark Schmidt, Head of Sales at EveryMatrix Africa argues that for too long providers have overpromised and underdelivered across regulated iGaming markets in Africa. He says that EveryMatrix, on the other hand, is committed to giving operators and players the experiences they deserve. The last five years have been dominated by the ‘will they, won’t they’ stories around Brazil, the …

Soft2Bet has strengthened its footprint in Nigeria thanks to a new multi-year partnership with local media company Channels Media Group. The media group’s proprietary sports betting and casino brand Waddibet will now be powered by Soft2Bet, which will manage its entire customer acquisition process and retention strategy. Channels Media Group will also deploy Soft2Bet’s Motivational Engineering Gamification Application (MEGA) – …