online gambling

How gambling giant SportPesa be successful in South Africa? (Part 2)

With very few rules and no welfare or research similar frameworks sponsored by industry limitations of the UK problem gambling seriously seems to have become entrenched Among Young Kenyans, who are gambling and losing far more away than elsewhere in sub-Saharan Africa.

Matiang Xian, which finally proposed new regulations in May, said $ 2 billion was gambled annually in Kenya. Mostly, low-income people and 500,000 young people failed to repay the funds.

SportPesa was one of the few gambling companies in Kenya whose license was suspended. This was because of reported concerns about non-compliance, although SportPesa said it has complied and continued operates on court orders

Gamblers in Nairobi can use their phones to access the SportPesa or website

Well-placed sources told undiscovered Finance investigation website SportPesa made more than $ 1 billion in revenue in a year in Kenya. However, the company made no revenue or profit in South African or the UK.

SportPesa has a registered UK company, SportPesa Global Holdings. Established in March 2017, the company claims its shareholders and accounts. However, the brand structure means gambling revenue in You are not accepted by that company.

Guerassim Nikolov, Bulgaria’s largest holding company, Guerassim Nikolov, a casino owner, moved to Nairobi in 1999 from Sofia, where he ran a casino, and he founded SportPesa in 2014.

Described as the group’s chief executive officer, Nikolov completely denied claims made in the Bulgarian media in 2006 that he left the country after being questioned by police in connection with a criminal case.

Mr. Nikolov has an inactive interest in the casino (i.e. he is not involved in their day-to-day operations). Mr. Nikolov has passed regulators’ familiar client checks in some jurisdictions including some of the most stringent in the world.

Kenya’s largest shareholder is Asenath Wacera, his late husband, Dickson Wathika, the mayor of Nairobi and a longtime friend of the country, Uhuru Kenyatta.

The President of Kenya, Uhuru Kenyatta

Kenyan President Uhuru Kenyatta has reversed his pledge to tax gambling by 35%

In June 2017, Kenyatta reversed its commitment to taxing 35% on gambling. This was to finance sports, arts, and global wellness after endlessly campaigning by SportPesa and gambling companies. other. Instead, after the re-election in November 2017, the president introduced a 15% rate. Meanwhile, he imposed a 20% tax on individual winnings, explaining it is a benefit to enhance the merits and fair.

How gambling giant SportPesa be successful in South Africa? (Part 1)

Only heard in England until the launch of a series of Premier League club sponsors in 2016, the online gambling platform SportPesa has spread its name on many sports. The sports include football, rugby, and horseback riding, and Formula One , which links its branding with good works in Africa.

At Everton, where SportPesa is the main sponsor, its name stands out across Goodison Park, the club has been in Kenya for a pre-season tour and it encouraged the SportPesa Kit initiative during space for the African initiative, with a donation box in the club store.

Everton’s CEO, Denise Barrett-Baxendale, wrote in the club’s annual report: healthy We value our burgeoning relationship with SportPesa, who has shown a strong bond. close to our values. , said Barrett-Baxendale mentioned sponsor support for the club’s extensive community work, which she herself pioneered in deprived areas around Goodison Park.

Founded in Nairobi as a partnership of wealthy Kenyan politically influential people with Bulgarian investors, SportPesa exploits her vast wealth to tap into an online gambling craze in the country. This East African family. Kenya’s interior minister, Fred Matiang Wili, warned recently that increased addiction, suicide and gambling would destroy moral cloth without strengthening regulation.

SportPesa does not require a license from Commission Gambling

This structure, authorized by the UK government, means that SportPesa does not require a license from Commission Gambling , UK bets are paid on the Isle of Man, and no SportPesa company appears to pay taxes. to British companies for those revenues, as well as contributions to UK gambling benefits programs.

Campaign groups including Gambling for Life have criticized the English football establishment for selling its huge appeal to gambling, with many Premier League and EFL clubs – and the EFL divisions themselves – being funding by betting companies, and concerns are escalating over gambling and games issues.

SportPesa has grown rapidly in Kenya to dominate online gambling by enthusiastically exploiting the mass emergence of mobile technology since 2014 and sponsoring the country called Sport Sportaesa Premier League.

The development of mobile casino gambling in South Africa

Online gambling enthusiasts in this country love to play real money games on their mobile devices, mainly because it’s fast and convenient.

Fortunately for these players, South Africa is a key market for the global online casino industry, and the majority of websites accept players from this country optimized for mobile devices. This means you can enjoy the same quality and seamless experience if you decide to play with your smartphone or tablet.

The majority of South African bookmakers use Android devices to play online casino games with real money on their mobile devices. The most used smartphone brand is Samsung with a 44% market share. Popular models include the high-end Samsung Galaxy J5 and Galaxy S10. Huawei devices like the P9 Lite are also quite popular, while Apple is the third most used brand with a 15.49% market share.

As of September 2018, the smartphone penetration rate in this country was more than 81.72%, meaning that about 46.9 million South Africans own a smart device. The majority of the population (85.7%) is connected to 4G and LTE internet, which is fast enough to play games seamlessly.

For the best gaming experience, we recommend using our guide to the top mobile casinos in SA. These sites not only work flawlessly on smartphones but also run promotions for mobile players. Besides, they offer top-notch security, a wide range of payment methods for mobile phones, high-quality optimized games, and great customer support.

Reputable bookmakers to play football betting in South Africa

If you put money on the less reputable dealer, you will have a lot of trouble later. For example, when you want to withdraw money at small dealers. You often have to go through a very complicated procedure.

The bookmaker with a weak financial potential could go down at any moment. This is what puts you at the most bitter risk. Any big deal if there is a closure will also refund players. And the small house will often collapse suddenly.

Conclusions

Above is some information about mobile casino gambling in South Africa.

Football betting tips you should know when gambling in South Africa (Part 2)

When the odds are kept stable, you will not waste time updating the odds and get surprised every time the numbers change. Before wagering on grass football matches, take time 1-2 weeks to research the tournament. That time is just enough for you to stay informed about the teams.

From there, making predictions for each match will be more accurate. Regularly update the odds When the match has only about 30 minutes to start, do not regret the time to review the odds. This should be done continuously until the dealer locks the table for that match.

Football betting tips help increase the winning rate

The online casino in South Africa often offers extremely attractive odds for players at a time away from the start of the match. Then, when it is close to the opening time, they will change the odds in a dizzying way, causing players to fail in time. If you do not update it regularly, your winning results may be affected. This football betting tip is not new but has been effective as of the time of this writing.

Do not be afraid to take a moment to receive an empty ending. Please always take care of each capital you spend. No betting on hot matches The dealer has a function that adjusts the odds for each match. This division mainly focuses on hot matches where there are many players.

With competitive football matches, the default results are already very unpredictable. When there is an intervention of the dealer in the odds, the player inevitably loses money. Also, because the game is hot, there are a lot of analyzes and comments from reputable sources. From there, football betting players can easily get information to place bets.

The online casino is not foolish but offers an easy win rate for players. This makes your odds of winning extremely low. Bet on any match can bring income to the player.

Online gambling keeps being prohibited in South Africa

For a long time, although South African media have announced that online gambling will soon be legalized in the country, the Department of Commerce and Industry (DTI) decided not to lift the restrictions.

DTI says that allowing it in South Africa (SA) will have a detrimental impact on the population and beyond; As such, the online gambling ban is still in effect.

South Africa bans gambling

This decision contradicts the National Gambling Board’s recommendation regarding additional types of gambling in the SA. According to its recommendation in 2010, online gambling in SA must be legalized, but tightly controlled. In March 2012 of the DTI Portfolio Committee accepted such proposals.

According to Stephen Louw, a former member of the National Gambling Council, the DTI’s decision was anti-democratic and wrong for the country. He used the United States and Australia, highlighting the fact that no country can ban online gambling, due to progress in internet technology.

That is why most countries have chosen laws and regulations to use online gambling with economic advantage. He added that online gambling sites have become more popular in the Republic of South Africa.

Little hope to legalize online gambling in South Africa

Though the official road, perhaps, the real reason for the ban on online gambling in South Africa is another reason. According to Independent Online, Zodwa Ntuli, DTI’s deputy general manager, said that the government does not have the network resources to control and monitor online gambling. She also added that it might be allowed in the future. So now only certain forms of gambling like casino and horse racing are legal in South Africa.

Online gambling is still banned in South Africa

Ashley Pollack is a gambling writer with over ten years of experience. Her writing style is new and different from everyone else, and she always knows how to entice readers. Five years working in Readers Digest as a writer gave Ashley invaluable experience in copywriting. Now she is a full-time copywriter for casino websites and spends all of her time on projects.