SAGSE Talks are to hold an edition specifically aimed at Africa on 14 July. The conference series will concentrate on the most important issues related to the industry, along with discussing the best ways to enter one of the world’s fastest-growing markets as well as the numerous regulatory processes taking place across the continent, officials from SAGSE have said.
Alan Burak, Vice President of Monografie, SAGSE LatAm organisers in Buenos Aires and the SAGSE Talks online section dedicated to Latin America, said: “We are truly thankful for the support we have received from Gaming Business Community (GBC). They are thoroughly familiar with the African market and we are confident that, together, we will be able to delve into its sustainable development.”
John Bamidele, founder of GBC said: “We are the largest online news publication covering the gambling industry in Africa. More than 10,000 industry leaders read our news site, and that makes us the top gambling outlet in the region. We cover news related to iGaming, sports betting, lottery, poker, casino, payment methods, bitcoin, cryptocurrency, esports, interviews, and business analysis.”
Africa relies entirely on mobile devices and that makes it special. Mobile phones are used to tag people, and are also used to vote in certain African countries. For an sector, this can be leveraged by both regulators and businesses to build an environment of more reliable data management. This not only helps improve responsible efforts in gaming but also encourages the creation of standards for KYC.
“Africa is way ahead of many regions in terms of online and mobile devices. In most of the continent, the adoption of mobile devices and the use of 4G took place way before Europe and the Commonwealth of Independent States,” Bamidele concluded.
“Not long ago, mobile devices were not monetised and even though most of the population already had them, the industry took quite some time to catch up. But now, their influence can no longer be underestimated. In Western Africa, just Nigeria has seen Internet penetration grow from 30% to 50% in the last three years, according to the local telecommunications committee.
“Business Monitor International forecasts a population rise from 153 million to 182 million inhabitants for 2021. Sixty percent of that number is made up of young adults and that translates into more online gambling.”