Afrobility: Africa Tech and Business

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

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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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        Afrobility: Africa Tech and BusinessBy Olumide Ogunsanwo and Bankole Makanju
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