Africa
EGT Digital to present a fascinating product display at its first SIGMA Africa show
EGT Digital along with EGT will participate in this year’s edition of SIGMA Africa for the first time. The iGaming provider will take care to create a long-lasting impression on visitors by presenting them a fascinating selection of its high-potential new and bestselling developments. “Don’t miss the chance to visit our stand 07P on 12 and 13 March and learn how we can make your business even more successful,“ said Tsvetomira Drumeva, Head of Sales at EGT Digital.
At guests’ disposal will be top-performing products like Bell Link, Clover Chance, High Cash and Single Progressive Jackpot, which will show the exciting world of over 100 in-house developed slot titles. Among the main highlights will be Sugar Duke and Aztec Rush, the latest additions to Clover Chance.
Aztec Rush, as its name suggests, will reveal the world of the eponymous ancient civilization and will challenge those eager for adventures to win Emperor’s gold, while the toppling reel feature adds even more thrill to the game with its promises for hidden treasures.
Sugar Duke will present to players the Fun-fair, where Mr. Sugar Duke and his sweet companions will be waiting to take them on a dizzying tour, full of countless surprises and bonuses.
EGT Digital will showcase its instant games as well, standing out with their original design, classic rules and smooth gameplay.
The in-house developed all-in-one betting platform X-Nave will be also on display to demonstrate its 4 modules: CRM Engine, Sport product, Casino aggregator and Payment Gateway. All of them can be both part of the turnkey solution or operate separately, as they allow integration with developments of third-party providers.
The CRM Engine provides a wide range of player management tools and bonus features. Visitors will become familiar with the numerous options for bonus campaigns, as well as its platform tournament module, which now offers opportunities for play with sports bets and a completely new type of tournament based on a competitive principle. The module will present its updated loyalty program and player journey tools too.
EGT Digital’s Sport product features competitive sports and esports coverage, virtual gaming, reliable real-time betting data, a great number of markets, and industry-leading accuracy. It will showcase its latest upgrades, providing operators with different tools to enrich their clients’ experience such as the in-house developed Feed aggregator, the Bet Builder for pre-match, as well as the Predefined Boost on Мultiple bets.
X-Nave’s Casino aggregator will also reveal its impressive portfolio, giving access to more than 10 000 games of more than 110 providers and guaranteeing instant revenue, operations, and game offering boost.
The live Payment Gateway enables end-to-end payment management through the user interface. It allows the operation of all payment methods and their limits on the payment pages, provides multiple integrations of various payment methods, reports and dashboards for analysis and is PCI-DSS Level 1 Compliant.
Ms. Drumeva concluded: “African countries are among our priority markets. I am pleased to say that we have already started partnerships with several operators in South Africa and the performance demonstrated by our games so far has been excellent. I believe that our participation in SIGMA Africa will give us the chance to meet with many more potential customers from the region who will be able to see and try our products on site and this will have as a result many more deals closed.”
This is the second contract extension between Kambi and Sunbet.co.za since the partnership was first established in 2017
Kambi, the world’s trusted sports betting partner, has announced a long-term extension to its multi-channel sportsbook partnership with Sun International, a leading African gaming and hospitality company and operator of South African betting brand Sunbet.co.za.
The latest agreement builds upon the successful collaboration in 2017 when the partnership was first established. The extension will see Kambi’s market-leading sports betting technology and services continue to power Sun International’s online sports operations. This will ensure continued support for the operator’s ongoing growth and expansion plans.
Through the extended partnership, Kambi will continue to provide Sun International with its comprehensive suite of cutting-edge sports betting technology and services, including its award-winning sportsbook platform, sophisticated pricing and trading capabilities, and its award-winning Bet Builder product. This will further empower Sun International’s Sunbet.co.za brand to maintain its position at the forefront of the South African online sports betting market.
Veena Dhesi, Kambi’s SVP Partner Success, said: “We are pleased to further extend our successful partnership with Sun International who have established themselves as one of the leaders in the African gaming industry. Since 2017, we have been proud to play a part in supporting their continued success and this long-term commitment is a testament to both the strength of our product and the level of service we can provide to our valued partners.”
Simon Gregory, Sunbet CEO, added: “Sunbet is delighted to continue our journey with Kambi. Their best-in-class sportsbook technology has been instrumental in our growth as one of South Africa’s leading online sportsbooks. This extended partnership will provide us with the technology and support we need to keep innovating while offering our customers a leading betting experience.”
The post Kambi Group plc agrees long-term sportsbook partnership extension with Sun International appeared first on European Gaming Industry News.
SOFTSWISS, a leading software supplier for the iGaming industry, announces its successful South African certification. The company has secured a Letter of Certification (LoC) from the National Regulator for Compulsory Specifications (NRCS) for its Casino Platform and Sportsbook, now certified under the South African B2B manufacture licence.
This licence was initially obtained by Turfsport, a seasoned South African software supplier with 35 years of industry experience. Earlier this year, SOFTSWISS strategically acquired a major stake in Turfsport, aligning their product portfolios. With this certification, SOFTSWISS expands its offerings in the burgeoning South African market.
Vitali Matsukevich, Chief Operating Officer at SOFTSWISS, comments: “South Africa will be one of the key markets for SOFTSWISS in the coming years. It has immense potential, driven by increasing internet penetration, lower mobile internet costs, and affordable mobile devices. Additionally, the local audience shows a strong interest in gambling, which further supports our decision to expand here.”
According to the InfoQuest survey, sports betting is the most common form of gambling in South Africa, with people placing bets on sports about 12 times a month on average. Casino gambling and horse betting are most popular on weekends, while lottery and online betting happen throughout the week because they are easily accessible online. The survey also reveals that the average gambler engages in three different types of gambling multiple times a month, underscoring the significant role of gambling in South African society.
The recently published SOFTSWISS South African market review highlights a growing interest in esports and fantasy sports, particularly among younger, tech-savvy demographics. Statista reports that 51% of South African survey participants are interested in esports betting, while the National Gambling Board (NGB) notes that 39% are inclined towards fantasy sports betting, especially in popular sports like soccer, cricket, and rugby. These trends align with global patterns and suggest a promising future for these sectors in the region.
The comprehensive SOFTSWISS South African market review is available for free and offers valuable insights into these emerging trends.
About SOFTSWISS
SOFTSWISS is an international tech company supplying software solutions for managing iGaming projects. The expert team, which counts over 2,000 employees, is based in Malta, Poland and Georgia. SOFTSWISS holds a number of gaming licences and provides one-stop-shop iGaming software solutions. The company has a vast product portfolio, including the Online Casino Platform, the Game Aggregator with thousands of casino games, the Affilka affiliate platform, the Sportsbook Platform, and the Jackpot Aggregator. In 2013, SOFTSWISS was the first in the world to introduce a Bitcoin-optimised online casino solution.
The post SOFTSWISS Expands in South Africa with New Certifications appeared first on European Gaming Industry News.
Golden Matrix Group, a leading developer and licensor of online gaming platforms, systems, and gaming content, has announced that its subsidiary, Meridianbet, has been granted a sports-betting license in South Africa.
The Western Cape Gambling and Racing Board issued Meridianbet a Bookmaker License, a Bookmaker Premises License and a Manufacturer License.
These licenses will enable Meridianbet to operate online sports betting across South Africa, showcasing the company’s regulatory compliance and fit-and-proper status within South Africa’s stringent licensing regime. The Manufacturer License also permits Meridianbet to license its proprietary sports betting software within the Western Cape region.
Expansion into South Africa
“We are thrilled to enter the South African market, and this new license presents a significant opportunity for us to continue to scale our operations,” said Zoran Milosevic, CEO of Meridianbet. “Expanding our reach into South Africa will provide new opportunities to grow our user base in an entirely new jurisdiction, underscoring our ongoing commitment to growing our industry-leading brands around the world.”
A Growing Market
The South African digital gambling market has exhibited significant recent growth, with total revenue projected to reach $828.50 million by the end of 2024, according to Statista. The market is expected to grow at a compound annual growth rate (CAGR) of 5.77% from 2024 to 2029, resulting in a projected market volume of $1.1 billion.
Market Impact and Economic Contribution
This market expansion supports Meridianbet’s consistent operational growth and dedication to innovation within the global iGaming sector. The South African market is positioned as a significant player in the global landscape, with the sports-betting sector contributing significantly to the country’s economy, accounting for 50% of gross gambling revenue. In the 2023 fiscal year, gross gambling revenue (GGR) in South Africa totaled $2.42 billion, according to Moneyweb.
The post Meridianbet (Golden Matrix Group) Granted South African Sports-Betting License appeared first on European Gaming Industry News.
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