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Sports
April 4, 2025
Ghana Gets Rid of Betting Tax as President Mahama Signs New Law
Ghana has scrapped the 10% tax on betting, gaming, and lottery winnings after President John Dramani Mahama gave the green light to a new law on April 2, 2025. This action makes good on a main promise the National Democratic Congress (NDC) made to voters before the 2024 elections. Ghana Finance Minister Pushes Broader Tax […]
Legal
March 26, 2025
Interpol & African Authorities Crack Down on Cross-Border Crime Syndicate
An Interpol crackdown on gambling and financial crime in Africa has led to hundreds of arrests. According to officials, the operation’s success demonstrated the importance of international cooperation. Operation Red Card Was a Resounding Success Operation Red Card, an initiative to snuff out a fraudulent cross-border operation in Africa has had resounding success, resulting in […]
Industry
January 20, 2025
Nigerian Gambling Authority Chief Discusses Africa’s Rising Regulatory Challenges
The African gambling market is at a critical crossroads, facing rising challenges from illegal operators, fragmented regulations, and the need for unified action to prevent exploitative practices. Bashir Are, CEO of the State Lotteries and Gaming Authority in Lagos, Nigeria, stressed that only cross-border collaboration could solve the continent’s gambling-related woes. Cracking Down on the […]
Industry
January 13, 2025
Google Bans Gambling Ads in Nigeria Amid Regulatory Changes
Google has issued a new ban on gambling ads in Nigeria. This measure follows the publishing of a November ruling by Nigeria’s Supreme Court. The Nigerian Regulatory Landscape Changed In November, the Supreme Court in Nigeria handed gaming regulation to the States of Nigeria, effectively annulling the National Lottery Act 2005. This marked a shift […]
Sports
December 31, 2024
Zimbabwe Votes and Backs 10% Tax on Sports Betting Winnings
A new tax will make sports bettor in Zimbabwe feel a little underwhelmed when they see their net winnings. Even worse, the proposed and now enforced 10% tax which is taking effect on January 1, 2025, will be calculated on players’ gross winnings every time they get a wager right. Zimbabwe Hopes to Prop Up […]
Legal
November 25, 2024
Macau Legend to Dispute the Termination of Its Cape Verde Concession
Macau Legend Development Limited, an investment holding company that owns and operates gaming facilities in Macau and beyond, has disagreed with the Cape Verde government’s decision to terminate its concession. The holding plans to dispute the decision and is seeking legal advice. The Inaction Did Not Sit Well with the Government For context, the Cape […]
Industry
November 25, 2024
Supreme Court in Nigeria Hands Gaming Regulation to States
A historic decision of the Nigerian Supreme Court has put an end to a decade-long legal battle over the authority of regulating lottery and gambling activities in the country. State Governments Gain Authority over Gaming, Lotteries The decision on Friday effectively nullified the National Lottery Act 2005, a law that governed gambling nationally. The Nigerian […]
Industry
November 6, 2024
Betway Joins Forces with PSL to Champion Safer Gambling in South Africa
Betway, the title sponsor of the Betway Premiership, has unveiled a new agreement with the Premier Soccer League (PSL). The new agreement will revolve around safer gambling and comes in time for National Responsible Gambling Month. Betway Will Double Down on RG During National Responsible Gambling Month As part of the agreement with the largest […]
Industry
November 6, 2024
South Africa Must Reform Casino Regulations to Exit FATF Grey List
South Africa is making a concerted effort to exit the Financial Action Task Force (FATF) grey list, targeting full compliance by mid-2025. Although the country has strengthened its anti-money laundering (AML) and counter-terrorist financing (CTF) policies since the FATF’s original 2021 evaluation and the subsequent follow-up report in 2023, issues like casino licensing and regulation […]
Business
October 29, 2024
Tekkorp Appoints African Partner as It Doubles Down on the Region
Tekkorp Capital, a major gaming investor and advisor, is doubling down on its efforts in Africa as it seeks to unlock the region’s potential. To that end, the firm appointed a new Africa partner who will spearhead its investment ambitions in the region. O’Donovan Will Spearhead Tekkorp’s Expansion in Africa The one up to the […]