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Africa Dashboard – August 2018

| By Hannah Gannage-Stewart
H2 Gambling Capital and iGaming Business present the latest Africa iGaming Dashboard

H2 Gambling Capital and iGaming Business are pleased to bring you the latest Africa iGaming Dashboard, which has been prepared as part of our forthcoming Africa Focus.

It follows the evolution of the African igaming sector from 2003 with projections up to 2023, estimating that African igaming gross win will rise 36% from €385.4 in 2018 to €523.9m in 2023.

The data also tracks igaming as a percentage of total African gambling gross win and predicts that is set to increase from 10.3% to 12.4% over the period.

Though the number of regulated markets in the region is predicted to rise over the next five years, H2’s data reveals fluctuations in the percentage of igaming gross win from these markets highlighting the less developed regulatory environment in the region compared to Europe.

In terms of products, betting remains far and away the most popular on the continent capturing and estimated 40% of the market this year.

However, casino is predicted to make up 25% of gross win by the end of this year, overtaking state lotteries on 24%.

Our previous Africa Dashboard, published in January, recorded state lotteries as the second most popular vertical, making up 33% of gross win in the region. Casino was considerably behind at that time, accounting for 21%.

H2 Gambling Capital is the gambling industry's leading consulting, market intelligence and data team. The company has a track record of nearly 15 years focused on the global gambling industry, its projections have been influential in shaping legislators' and investors’ views of the gambling sector across the globe.

 

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