Tag Archives: South Africa

Betfred invests in LottoStar to accelerate South African drive  

Betfred has significantly expanded its presence within South Africa, taking a ‘major shareholding’ in LottoStar to advance the market leader’s online betting offering.  Marked a major corporate initiative, Betfred will invest in LottoStar, which is recognised as South Africa’s leading brand for fixed-odds numbers betting and Live Games. “LottoStar has quickly developed itself as a leading brand, recognised nationally across …

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South African lottery & trade commissions dispute unresolved tender

South Africa’s National Lotteries Commission (NLC) has pointed the finger of blame at the Department of Trade and Industry (DTIC) as the R200bn operating licence still remains on the market. As reported by Business Report, the process was supposed to be initiated in February 2021, and completed by June 2023. However, NLC sources claim there are ‘orchestrated moves’ by the DTIC to …

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GGB South Africa appoints Anthea Platt as new chair

The Executive Council of Gauteng (Gauteng MEC) has named top South African lawyer Anthea Platt SC as the new chair of the Gauteng Gambling Board (GGB).  The appointment of the GGB’s new leader was approved by Parks Tau, the executive member of Gauteng MEC’s committee for Economic, Environment, Agriculture and Rural Development. Established in 1995, the GGB serves as the …

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Daniel Kustelski: 2021 a big year for African sports betting

Daniel Kustelski, CEO at Chalkline underscores African sports betting’s continued boom,  during the past 12 months and takes a closer look at three distinct trends that have driven growth across the continent’s unique market make-up.    The industry’s attention has been firmly fixed on the North American market for the past 12 months, but many other jurisdictions have made incredible …

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James Everett: Why Africa is a home away from home for BetGames

Africa

The Lithuanian-based BetGames has expanded into territories across the globe, such as the UK, Malta, Latvia, Estonia and Italy. However, the company’s most prominent area of success has been Africa, more specifically the South African market.  Speaking to SBC News, BetGames’ Sales Director James Everett elaborates on how and why the region has become such a successful voyage for the …

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Betway becomes first betting partner of Springboks Rugby 

Betway has signed a ground-breaking agreement with South African Rugby (SA Rugby) to become an ‘associate partner’ of the Springboks national team.  Securing a three-year partnership, Betway has become the first betting operator to partner with SA Rugby – an agreement that will see its brand promoted on the matchday shorts of the Springboks from September onwards. SA Rugby Chief …

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Ramaphosa orders investigation of South Africa’s National Lotteries Commission

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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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 …

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Betfred bid for bankrupt Phumelela refused

Betfred is reported to have been rejected in its last-minute attempt to acquire bankrupt South African heritage wagering and racetrack operator Phumelela Gaming & Leisure.  South African racing news sources reported that Phumelela’s bankruptcy auditor refused to review Betfred’s ZAR 900 million (€45m) counteroffer submitted at the end of August as Phumelela closed its window for rescue proposals.  Stating its …

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