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Sports Betting in Africa: Industry that Continues to Grow

<p>While many will overlook the entire continent when it comes to sports betting in Africa&comma; as the industry globally is growing as well&comma; lower nominal figures are hiding the fact of incredible growth&period; The majority of regions and countries are experiencing a steep rise in both options and players&period;<&sol;p>&NewLine;<p>Generally&comma; there are three main reasons why the sports betting industry here is growing much faster than in the rest of the world&colon;<&sol;p>&NewLine;<ol>&NewLine;<li>Better infrastructure<&sol;li>&NewLine;<li>Expanding economy<&sol;li>&NewLine;<li>Growing population<&sol;li>&NewLine;<&sol;ol>&NewLine;<p>For some countries like Kenya&comma; which have experienced a tenfold rise in GDP over the last two decades&comma; it is expected that tertiary industries like gambling and gaming will experience a late but explosive rise&period;<&sol;p>&NewLine;<p>With a very young population entering the workforce and having significantly more resources it is not surprising that so many players choose to <a href&equals;"https&colon;&sol;&sol;www&period;betsafe&period;co&period;ke&sol;sports&sol;">bet in Kenya Betsafe<&sol;a> among the other major operators&period;<&sol;p>&NewLine;<h2>Compound Momentum<&sol;h2>&NewLine;<p>What happened to the gambling and betting industry in Kenya&comma; and all over Africa&comma; couldn’t be predicted to this measure&period; In many ways&comma; it was a stellar alignment where multiple factors ended up working together to create a perfect storm&period;<&sol;p>&NewLine;<p>Primarily&comma; there is the rise of the local economy&period; The financial&comma; technological&comma; and medical leaps in the country were so significant that the <a href&equals;"https&colon;&sol;&sol;teleport&period;org&sol;cities&sol;nairobi&sol;">quality of life<&sol;a> for every Kenyan doubled in the last three decades&period;<&sol;p>&NewLine;<p>Then&comma; there is the fact that entertainment such as sports betting&comma; which is more appealing to the younger population than casino games&comma; has become more accessible&period; There is no need to travel to a bigger town to bet on a match&comma; as you can do it using your smartphone&period;<&sol;p>&NewLine;<p>Finally&comma; there is the acceptance of sport and competition by the local culture&period; Wagering on sports has a long tradition with the local Kikuyu&comma; Luhya&comma; and Kalenjin cultures that form a sizable part of the local population&period;<&sol;p>&NewLine;<h2>Improved Economy<&sol;h2>&NewLine;<p>Many Kenyans won’t even know the struggles of their mothers and fathers just after independence&period; Now it is counted as a moderately developed nation and still isn’t reaping the benefits of the population boom&period;<&sol;p>&NewLine;<p>Additionally&comma; the openness to the global economy via the internet and with Kenyans being Anglophone means that many people can now work online for comparative wages globally&period;<&sol;p>&NewLine;<p>Finally&comma; the sports betting industry itself became more accessible and significantly less expensive for entry&comma; seeing throngs of new players every single day&period;<&sol;p>&NewLine;<p>With 40 million Kenyans reaching adulthood in the next 20 years&comma; it is only predicted that the economy will keep rising&period; And&comma; with that population and economy&comma; the need for entertainment and amenities will follow&period;<&sol;p>&NewLine;<h2>Better Availability<&sol;h2>&NewLine;<p>One of the biggest factors of increased interest in sports betting in Africa can be clearly seen if we notice some industries that have seen a similar rise in the region&comma; such as mobile gaming&period; The accessibility of such entertainment is a clear reason for its popularity&period;<&sol;p>&NewLine;<p>Namely&comma; while an average Kenyan will take home roughly &dollar;650 each month&comma; that is <a href&equals;"https&colon;&sol;&sol;www&period;priceinkenya&period;com&sol;phones&sol;android-10&quest;sort&equals;sales">more than enough to have an Android phone<&sol;a>&period; Such devices are not considered a luxury in the country anymore&comma; but a necessity&period;<&sol;p>&NewLine;<p>Thus&comma; many will play games and entertain themselves using these devices&period; Once that is combined with the availability of watching sports online and the tradition of sports betting&comma; the rise of the industry becomes apparent&period;<&sol;p>&NewLine;<p>Finally&comma; while many criticize the impact that might have on the youth&comma; there is little chance that the legislators will be able to prevent the huge demand this type of entertainment has&period;<&sol;p>&NewLine;

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