Africa
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Growth in Africa helps boost Super Group's Q1 2024 revenue by 12% Africa Betway Online gamblingSuper Group (SGHC) Limited (NYSE: SGHC), the parent company of Betway, a leading online sports betting and gaming business, and Spin, the multi-brand online casino, today announced its first quarter 2024 unaudited consolidated financial results. The company reported a significant increase in revenue, marking the highest recorded in a first quarter.May 8, 2024
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Entente Council's 54th annual meeting focuses on revitalizing national lotteries Africa Lottery RegulationThe general directors of national lotteries of the member states of the Entente Council, as well as experts, became participants in the 54th Annual Meeting of the Entente Council.May 7, 2024
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Kenyan government collaborates with consultant to review cryptocurrency regulations Africa Cryptocurrencies RegulationIn a significant shift from the Central Bank of Kenya's previous stance on digital currencies, the Kenyan government has welcomed a consultant to reassess the cryptocurrency landscape. President William Ruto announced that Marathon Digital Holdings has been engaged to consult with the National Treasury and Energy Ministry on the matter.May 6, 2024
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Gambling Authority of Botswana opens applications for digital and SMS competitions, games and quizzes Africa Regulation Online gamblingThe Gambling Authority of Botswana announces that it will begin accepting applications and registrations for Digital, Virtual, Interactive, and Short Message Service (SMS) Competitions, Games, and Quizzes starting from May 6, 2024.May 4, 2024
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New NLA Board Chair promises reforms and revenue boost for Liberia's economy Africa RegulationThe newly appointed Board Chairman of the National Lottery Authority of Liberia (NLA), Hon. Prince Menkalo Gbieu, has emphasized the need for significant reforms and increased revenue generation to support the national budget. In his inaugural address, Hon. Gbieu highlighted the importance of the gaming industry in contributing to national economies and human capacity developments, citing the succ...May 2, 2024
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Responsible Gambling self-help portal launched in Botswana Africa RegulationOn April 29th, the Gambling Authority in Botswana took a significant step forward by introducing a Responsible Gambling self-help Portal and a 24/7 Toll-Free Line. This initiative was unveiled at the Three Dikgosi Monument in Gaborone, with the participation of Hon. Mmusi Kgafela, the Minister of Trade and Industry, alongside industry leaders and regulatory bodies from across Africa. CEO Mr. Emole...May 1, 2024
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LONACI awarded 21 Million Fcfa grant to seven football clubs in Ivory Coast Africa Soccer LONACIOn April 27, 2024, Loterie Nationale de Côte d'Ivoire (LONACI) announced a grant of 21 million Fcfa to seven football clubs in Côte d'Ivoire. This initiative is part of LONACI's ongoing partnership with the Ivorian Football Federation and its sponsorship of the Ivorian national football team, the Elephants. For the 2023-2024 season, seven clubs received a check of 3 million Fcfa each, presented a...April 28, 2024
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South Africa's FSCA authorizes 75 Institutions as crypto asset service providers Africa Cryptocurrencies LicenseThe Financial Sector Conduct Authority (FSCA) has officially confirmed the list of currently approved Crypto Asset Service Providers (CASPs). In response to misleading statements in the media claiming exclusivity in licensing, the FSCA clarifies that it has approved a total of 75 institutions as CASPs under the Financial Advisory and Intermediary Services (FAIS) Act, No. 37 of 2002. The comprehens...April 27, 2024
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Play’n GO announces expansion of PokerStars partnership with Pennsylvania launch Play’n GO AfricaSwedish-founded studio’s games now live with PokerStars in Michigan, New Jersey, and PennsylvaniaApril 26, 2024
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DR Congo government expects $200 million from gambling taxes Regulation AfricaDRC authorities expect to receive up to $200 million annually from gambling taxes. Finance Minister Nicholas Kazadi spoke about this at a press briefing on April 24. The event was broadcast on YouTube.April 25, 2024