The African gambling markets: licensing conditions and development prospects

[raatnak]

A trend towards accelerated development of the African gambling markets has been observed over recent years. Licensing Gaming specialists shared information on the state of the gambling industry, licensing conditions for operators and development prospects of the industry in Africa.
https://100casinos.top/african-gambling-market/

[sana54210]

There would be no surprises, after the combination of gambling and cryptos, gambling industry is widely spreading out all over the globe hence in African countries too. Compared to fiat based gambling, now gambling industry basically has 2 set of communities to get spread out, big thanks to bitcoin, gambling become easier and convenient even for the people who are against gambling for moral or whatever reasons.

Most counties in Africa are having corrupted/instable governments and due to that big part of population are starving daily food and job. When these basic infrastructure will get improved, we can expect more people to join gambling. But, as of now, I read people from Africa are using gambling as one of income stream for living, that might be affiliate programs as it must be a viable options for them.

[Slow death]

I am African, and I can comment as follows:

In Africa there are a part of the people who are very rich (yes, in Africa there are a part of the people who are very rich), but they are government people, they are corrupt people, but these corrupt people could gamble in casinos, could create casinos. So why do these corrupt people create barriers to casinos? The truth is that corrupt Africans do not want people (their people) to become rich, because if the people get rich, then the people will have access to the world, the people will have access to quality knowledge and will know that never You must vote for people who do not want to develop your country, you will know that you should never vote for people who do not like democracy. In Africa Governments Strive to Make Their People Poorer

[YuginKadoya]

I may say it is very easy now for certain things to be possible because of the widespread of cryptocurrency in most parts of the world even though there are many countries that are banning this technology and even though gambling is a negative sanction that are also getting banned by countries as well, but right now it becomes a positivity for the country of Africa,

Well corruption in most parts of the world and country is very normal and common I think that poverty was not the culprit but a choice of a person and it is surely striking an impact to the society as well I think we should not blame poverty that most government officials would rather become corrupt than being a good government that abide the law.

[TimeTeller]

I am African, and I can comment as follows:

In Africa there are a part of the people who are very rich (yes, in Africa there are a part of the people who are very rich), but they are government people, they are corrupt people, but these corrupt people could gamble in casinos, could create casinos. So why do these corrupt people create barriers to casinos? The truth is that corrupt Africans do not want people (their people) to become rich, because if the people get rich, then the people will have access to the world, the people will have access to quality knowledge and will know that never You must vote for people who do not want to develop your country, you will know that you should never vote for people who do not like democracy. In Africa Governments Strive to Make Their People Poorer

That is heartbreaking to hear from an individual who hails from that region itself.
I believe about your sentiments as I've seen a lot of movies (based on true stories) coming from your region.
Based from the OP's article, South Africa has the stringent procedures in getting the licenses.
But I believe, if you will give huge amount of money as upfront payment, I don't think they will decline your offer.
So these gambling operators are getting the impression that if they will bribe these politicians, they can operate their gambling business easily.

[kryptqnick]

Most counties in Africa are having corrupted/instable governments and due to that big part of population are starving daily food and job. When these basic infrastructure will get improved, we can expect more people to join gambling. But, as of now, I read people from Africa are using gambling as one of income stream for living , that might be affiliate programs as it must be a viable options for them.

I think this part is upsetting. African countries are indeed known for incredible rates of corruption, political instability, many people starving, severe human rights violations. Survival is something that's difficult there for many people. And if they see gambling as a way out, it can be even worse. Because gambling, in general, is not a way of earning money. It's a way of losing it, for the sake of something else (being involved in the game, experiencing certain feelings, being entertained, socializing in a specific way, etc.). IMO it's something that should be done by people who can afford to do it. If a person who does not always go to sleep without feeling hungry is putting basically one's last money on gambling, this is a kind of thing that makes gambling a very negative phenomenon in the eyes of many people, because it leaves people completely broken. So hopefully, at first their life will get better, and then they'll start gambling.

[Oilacris]

I am African, and I can comment as follows:

In Africa there are a part of the people who are very rich (yes, in Africa there are a part of the people who are very rich), but they are government people, they are corrupt people, but these corrupt people could gamble in casinos, could create casinos. So why do these corrupt people create barriers to casinos? The truth is that corrupt Africans do not want people (their people) to become rich, because if the people get rich, then the people will have access to the world, the people will have access to quality knowledge and will know that never You must vote for people who do not want to develop your country, you will know that you should never vote for people who do not like democracy. In Africa Governments Strive to Make Their People Poorer

Sad to hear out such scenario and that's really a possibility where people can possibly learn up things which would lead up to possible opposition against them.

We aren't saying that gambling will completely do that but come to think that there would be people would hit up or won up bigtime on a casino and its
impossible for that person not to able to explore the world once he do had the money to move on.

[YOSHIE]

licensing conditions for operators and development prospects of the industry in Africa.
https://100casinos.top/african-gambling-market/

Gambling action in this country Africa (black people),
It's been a long time and has become a tradition or hobby among Africans themselves, this has been going on for centuries.

This did not have a negative effect on the people, even though the government banned it, and they continued to use horse racing betting, which is called a land casino.

This happened before the enactment of Apartheid for African countries,
However, after Apartheid's politics were wiped out, and the founding of Democrats, gambling was certified and the casino was instituted by the government.

Now since America and China entered Africa, developing casinos, it has continued to grow. Nobody disparages / hates gambling in Africa,
Now Africa is synonymous with jungles and ancient traditions, and also casinos by being an entertainment for families in Africa.

In fact, it is not the government that doesn't ban them, playing gambling, but the people themselves who don't want to care and listen, keep betting.
Therefore, robbery, oppression, rape etc. because it loses in gambling, (HAM and UN) like a goat held by a lion, it does not apply.

[Wexnident]

Not really surprising though? What would be more surprising is, if the development of gambling casinos in countries was stopped. Especially those big countries that has a big market and economy. Sadly though, the African government could be said to actually be hoarding the gambling community in their country instead. Them, and those rich people who suck the people of Africa dry of their economy and resources.

I think this part is upsetting. African countries are indeed known for incredible rates of corruption, political instability, many people starving, severe human rights violations. Survival is something that's difficult there for many people. And if they see gambling as a way out, it can be even worse. Because gambling, in general, is not a way of earning money. It's a way of losing it, for the sake of something else (being involved in the game, experiencing certain feelings, being entertained, socializing in a specific way, etc.). IMO it's something that should be done by people who can afford to do it. If a person who does not always go to sleep without feeling hungry is putting basically one's last money on gambling, this is a kind of thing that makes gambling a very negative phenomenon in the eyes of many people, because it leaves people completely broken. So hopefully, at first their life will get better, and then they'll start gambling.

And we cant do anything about it. Why? Because, gambling is the only way for them to at the very least, earn money while avoiding those sharks who just suck them dry. Besides, IF they started gambling, its pretty hard to pull out of it since it is probable contracts are already made, agreements and the like. The dark side of gambling can be very scary at times and you never know when it could possibly eat you up.

[Upgrade00]

I am African, and I can comment as follows:

In Africa there are a part of the people who are very rich (yes, in Africa there are a part of the people who are very rich), but they are government people, they are corrupt people, but these corrupt people could gamble in casinos, could create casinos. So why do these corrupt people create barriers to casinos? The truth is that corrupt Africans do not want people (their people) to become rich, because if the people get rich, then the people will have access to the world, the people will have access to quality knowledge and will know that never You must vote for people who do not want to develop your country, you will know that you should never vote for people who do not like democracy. In Africa Governments Strive to Make Their People Poorer

Your perspective of Africa is a little skewed. Not every rich person is a government official or a corrupt individual, and corruption is prevalent in every society in the world.
And gambling/casinos is a growing business in my country (I can't speak for many others without doing research). In Nigeria there is little or no limitations to it's use or abuse. And besides, gambling is not a get rich scheme. It's a gamble, in most cases a risky one. Only a very few percentage of people, compared with the total number of gamblers get rich through it.

And there are notable African names pushing for the emancipation of the continent such as, Strive Masiyiwa, Fred Swaniker, Tony Elumelu, just to mention a few.

[Haunebu]

Most people gamble because they are desperate and majority of the Africans are desperate for obvious reasons and I don't blame them. My friend's dad traveled to Africa and stayed there for a couple of years and shared stories about gun-fights, kidnappings etc which happen on a regular basis there.

Their government is obviously corrupt just like majority of the World governments which is why crypto gambling has attracted them. I think gold selling in MMOs is also prevalent there. This country is a perfect example to prove the need for decentralized currencies like BTC.

[swogerino]

I think that to gamble is a universal feeling going on from the beginning of times in almost every person.I think that in Africa which is going through the development stages gambling is just a normal trend and legal there right now.However the ability to play in bitcoin and anonymously has increased greatly the use of gambling there.I am sure that Africans just like any other nation prefer to play in private rather than in public.

[mich]

A trend towards accelerated development of the African gambling markets has been observed over recent years. Licensing Gaming specialists shared information on the state of the gambling industry, licensing conditions for operators and development prospects of the industry in Africa.
https://100casinos.top/african-gambling-market/

Africa has 54 countries and there are more then 1 BILLION people who live there
These people might want to gamble and I see BITCOIN as being a great way to allow them to gamble

[pakhitheboss]

A gambler will always gamble no matter what.

All third world country love gambling as it give hope to the people that they might get rich. Africa is one of the poorest and highly corrupted continent in the world. The super rich have money and with that money they gamble.

[stomachgrowls]

Gambling or casinos been already existed on Africa since in the past.There might be some alterations on licensing or legalization
but it is not a new thing.

Heres an updated article about its gambling history: https://www.worldcasinodirectory.com/region/africa/history.Its would be good if they do integrate crypto as their payment option.

[Sadlife]

A trend towards accelerated development of the African gambling markets has been observed over recent years. Licensing Gaming specialists shared information on the state of the gambling industry, licensing conditions for operators and development prospects of the industry in Africa.
https://100casinos.top/african-gambling-market/

this is one good step for the Continent of Africa since they really need development and progress but we knew how hard for their country so step up because they are being abused from the past and that hinders them to grow up their economy
but with Gambling?for sure they will have a stronger economy and will give big help to African people as they have suffered a lot for a long time now and this progress is a sign that they are recovering and ready to face the world

[ethereumhunter]

When the gambling has been enter to Africa, soon or later, that country will grow. No matter what, gambling giving a contribution to the country regardless of the negative effect that people may get from playing gambling. Africa will be one of the countries that will develop and grow to a better state. Maybe there will be many people in that country who do not agree with allowing gambling, but gambling will still grow in Africa. The government will look at gambling as one of the ways to increase their gross country economy, and they will prepare to build or develop infrastructure to grow the nation.

Maybe in the future, Africa will be the land for gamblers like in Vegas, Macau, etc. It's interesting to see if Africa can be one of the big countries that can grow from gambling. If a local casino can be built in Africa, then we will see a new job that will be available for the unemployed.

[Ailmand]

I am African, and I can comment as follows:

In Africa there are a part of the people who are very rich (yes, in Africa there are a part of the people who are very rich), but they are government people, they are corrupt people, but these corrupt people could gamble in casinos, could create casinos. So why do these corrupt people create barriers to casinos? The truth is that corrupt Africans do not want people (their people) to become rich, because if the people get rich, then the people will have access to the world, the people will have access to quality knowledge and will know that never You must vote for people who do not want to develop your country, you will know that you should never vote for people who do not like democracy. In Africa Governments Strive to Make Their People Poorer

This happens around the globe, those who have power deprive those who are poor a chance to have a better life. However, not all politicians are corrupt I must say. Going back to the topic, the gambling industry in crypto is growing fast and a lot of developers are entering the gambling industry.

[MonsterV]

I think that to gamble is a universal feeling going on from the beginning of times in almost every person.I think that in Africa which is going through the development stages gambling is just a normal trend and legal there right now.However the ability to play in bitcoin and anonymously has increased greatly the use of gambling there.I am sure that Africans just like any other nation prefer to play in private rather than in public.

Indeed it is a development that we will experience throughout the world where everything is done privately at home. Just look at how the development of ecommerce in the last 10 years, it has increased so rapidly and we will not know how the development of the digital world in the next 10 years.

Gambling has existed since ancient times in Africa, so we are just waiting for how this gambling will be completely digital there like in other developed countries.

[aioc]

A trend towards accelerated development of the African gambling markets has been observed over recent years. Licensing Gaming specialists shared information on the state of the gambling industry, licensing conditions for operators and development prospects of the industry in Africa.
https://100casinos.top/african-gambling-market/

They finally stepping up, Asia and America is leading the race as the best region, and with Africa coming in the game they will have a good slice in the market, and besides casinos are also a tourist attraction, it will beef up their tourism industry.