Africa’s Gambling Boom: Investment, Risk and Regulation

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Why This Matters

Africa's sports wagering market has seen a significant boom, tripling in revenue over the past decade, driven by a young population and access to technology, making it an attractive market for global operators.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Sports wagering is booming in Africa. Fueled by a young population, and access to latest technology, legal gambling revenues across the continent have nearly tripled in the past decade, turning it into a multi-billion-dollar market that global operators can no longer ignore. Bloomberg's Olatomiwa Babalola and Senior Africa reporter Loni Prinsloo explain. (Source: Bloomberg)

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Original article published by Bloomberg on January 31, 2026.
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