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Africa Gambling Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

Africa Gambling Market: By Type (Sports, Casino, Lottery Games, Electronic Gaming Machines and Others); By Channel Type (Offline, Online, and Virtual Game); By End User (Gambling Enthusiast, Dabblers, and Others); and By Country—Industry Dynamics, Market Size and Opportunity Forecast for 2022–2030

  • Published On: 13-Jan-2022  |   Format: pdfpowerpointexcel  |  Report ID: AA0122119
    Delivery: 2 to 4 Hours
Africa Gambling Market

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Report AttributeDetails
Market Size Value in 2021US$ 3,615.11 Mn 
Expected Revenue in 2030US$ 6,784.25 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2030
UnitValue (USD Mn)
Segments coveredBy Type, By Channel Type, By End-User, By Region
Key Companies                                                1xbet, Bet365, Bet9ja, Betika, BetKing, Betpawa, Betway, Dafabet, Kings Sports Bettin, Melbet, Parimatch, Powerbets, Premierbet, Sky Betting & Gaming, Sportybet, Tipico, Surebet247, The Cyprus Casinos, Other Prominent Players
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The Africa Gambling Market was valued at US$ 3,615.11 Mn in 2021.

The Africa Gambling Market is estimated to grow at a CAGR of 7.54% during the forecast period. 

Increasing popularity of gambling apps & social gambling  and extensive advertising and celebrity endorsements are the factors driving the Africa Gambling Market.

Stringent government regulations on gambling may hamper the market growth. 

The segmentations considered to analyze the Africa Gambling Market are based on type, channel type, end user and country.

Growing popularity of online and casino-based games is expected to provide an opportunity for market expansion. 

Casino type was the highest shareholding type-based segment in 2021.

Online channel type is estimated to have the highest CAGR.

Africa has become an attractive market for iGaming investors in recent years due to the proliferation of mobile devices.

 Gambling enthusiasts were the highest end users in the Africa Gambling Market in 2021.

South Africa held the highest share in the Africa Gambling Market in 2021.

The key players in the market are Betway, Bet365, 1xbet, Kings Sports Betting, Melbet, Powerbets, Sky Betting & Gaming, Surebet247, The Cyprus Casinos and SkyBet among others.

The pandemic had a negative impact on the Africa Gambling Market.