Connect with us

Africa

Liberia: Rep. Kolubah Wants Betting Legislated

Published

on

Reading Time: < 1 minute

 

Montserrado County District#10 Representative, Yekeh Kolubah, said he will shortly introduce a bill in the Legislature to legalise sports betting in the country.

Representative Kolubah made the disclosure on October 12 when he was seen cutting tickets at one of Winners Incorporated sales centres in his district on Old Road.

The opposition lawmaker, who is on annual break, was spotted placing his drill, ahead of the crucial UEFA Champions’ League group stage round three matches.

According to him, the bill will seek to regulate gambling in Liberia by legalising every aspect of the market, noting that would be nice for the country that is already struggling in poverty under the George Weah administration.

Thousands of unemployed youths across the country have gravitated to sports gambling, which has attracted several international sports betting companies to set up shops in Liberia.

They gather at these betting parlours to gamble on televised soccer matches. Some say it is a good source of income and occupation, but others are not so sure.

In Liberia, sports betting has become a real job opportunity for young people, who converge daily at various betting parlours in Monrovia, including Winner’s Incorporated, DOXXBET, and BETTOMAX Liberia, among others to watch soccer matches on flat-screen televisions via satellite, placing their bets and waiting for the results.

Few youths at a gaming centre in Monrovia said that sports betting for them have become the only option since, in fact, they are jobless and without any source of income.

Winner’s Incorporated marketing manager, Randall Kaybee, said sports betting is “transforming lives of Liberians” for just a few Liberian dollars per bet.

“As you just enter my office, you can see from this evidence. This is a ticket. Somebody bet 50 LRD and won 233,275 Liberian dollars,” Kaybee said.

Continue Reading
Advertisement

Africa

Association of Gaming Operators in Kenya Announces New Regulations

Published

on

association-of-gaming-operators-in-kenya-announces-new-regulations
Reading Time: < 1 minute

 

The Association of Gaming Operators in Kenya (AGOK) in partnership with government agencies, regulators and civil society are spearheading a set of proactive initiatives designed to shape the future of the gaming industry and protect innocent Kenyans from addiction to gaming.

In a press release, the Association says nationwide awareness campaigns promoting informed, mindful participation in gaming will be carried out across the country.

Advocacy for tools such as time-out mechanisms, betting and deposit limits will be put in place to ensure a healthy and controlled gaming behaviour among Kenyans.

“The gaming industry in Kenya continues to evolve rapidly, creating opportunities for economic growth, digital innovation, and employment. However, with this growth comes a heightened responsibility to safeguard the welfare of players, particularly young people and vulnerable populations,” the statement by AGOK’s board reads in part.

“AGOK acknowledges the complex challenges associated with gaming, particularly around mental health, addiction prevention, and ethical standards. These are global concerns which members of AGOK take seriously. They are at the forefront of our agenda.”

The Association furthers contends that all its members operate under a “shared code of conduct” rooted in principles of fairness, transparency and social responsibility.

Among meaningful steps it says it has taken to prevent exploitation and minimise harm include putting into place advanced age-verification systems to block underage access, self exclusion tools that provide options for and permanent restrictions to gaming activities and round-the clock toll free helplines that offer confidential mental health and addiction support.

The regulatory measures comes amid calls to regulate the sector following increase in cases of mental health and some suicide cases attributed to betting.

The post Association of Gaming Operators in Kenya Announces New Regulations appeared first on European Gaming Industry News.

Continue Reading

Africa

Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited

Published

on

readen-holding-corp-finalises-acquisition-of-morrich-lottery-limited
Reading Time: < 1 minute

 

Readen Holding Corporation, a venture capital specialising in Fintech, Digital Payments and E-commerce, has announced the successful signing of the final agreement to acquire an 80% controlling stake in Morrich Lottery Limited, a fully licensed lottery operator in Nigeria. This milestone marks RHCO’s official entry into the African gaming market — one of the fastest-growing and most promising sectors globally.

With the closing of this acquisition, RHCO now holds active licenses in Nigeria for lottery, sportsbook and casino operations, unlocking access to an estimated $2.5 billion gaming market projected to grow over 9% annually through 2030. This move positions RHCO to become a major international force in regulated gaming, entertainment and fintech infrastructure.

Ridzky Berg, CEO of RHCO, said: “This is more than an acquisition — it’s a strategic launchpad into one of the most dynamic gaming markets in the world. Nigeria’s youthful population, expanding internet access, and growing appetite for digital gaming make this a prime market. With our proven fintech backbone and seasoned leadership, we’re ready to set a new standard for integrated, secure, and user-friendly gaming platforms across the region.”

The post Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited appeared first on European Gaming Industry News.

Continue Reading

Africa

Gaming Corps Expands African Presence with KingMakers Partnership

Published

on

gaming-corps-expands-african-presence-with-kingmakers-partnership
Reading Time: 2 minutes

 

Gaming Corps signs a deal with leading African gaming platform, KingMakers.

Gaming Corps, a publicly listed game studio based in Sweden, has put pen to paper on a content distribution deal with KingMakers, a leading sports betting and gaming platform in Africa. This new strategic partnership will help cement Gaming Corps as one of Africa’s most dynamic game studios while enhancing the game offering across KingMakers’ platforms.

The deal will see Gaming Corps’ diverse online slot and casino game portfolio integrated into KingMakers’ platform. This includes popular titles like Gates of Hellfire, Wet and Wild Beavers, and Snoops’ High Rollers, each of which showcases Gaming Corps’ commitment to innovative gameplay, creative bonus features and big winning potential.

KingMakers’ customers will also enjoy Gaming Corps’ selection of industry-leading crash and instant-win games and hits from the Smash4Cash™ selection, including its flagship title, Piggy Smash.

The move will see Gaming Corps significantly enhance its position in the African market, with KingMakers marketing itself as ‘Where Africa comes to play’. KingMakers’s leading brand, BetKing, is one of Africa’s most in-demand online gaming sites, ensuring Gaming Corps reaches more players on the continent than ever.

Danielle Calafato, CCO at Gaming Corps, said: “A key part of our global expansion strategy is to work alongside the biggest and best names on each continent. KingMakers is a major player in the African market with a strong reputation among players, and this partnership provides us with major exposure there.

Our games have always been well-received by African audiences, and with KingMakers, we can continue to cement our status as a must-have game studio in the region.”

Kaan Bulakeri – Head of Gaming at KingMakers noted: “In our clear vision to be the home where Africa comes to play, we as KingMakers believe in strong business partnerships to bring the most innovative entertainment content to our customers.

Our business strategy is to create this customer value together with global partners as well as locally focused game providers to enhance our rich and diverse offering combined with best user experience.

Gaming Corps is one of the game studios that resonate with our vision and strategy, therefore with their innovative approach we eagerly continue to provide our customers with tailored and localized first-in-class entertainment.”

The post Gaming Corps Expands African Presence with KingMakers Partnership appeared first on European Gaming Industry News.

Continue Reading

Trending