Slotegrator releases a licensing overview for African online gambling markets
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Slotegrator releases a licensing overview for African online gambling markets. Africa has gradually turned into one of the most attractive regions for the future of iGaming. Mobile internet penetration is making African countries viable for investments in the sector. Online casino gaming is expected to become more accessible as the region's telecommunication infrastructure gets better and the local population's disposable income increases. Most forms of gambling are illegal for citizens of North African nations. Some countries allow land-based casinos located within hotels to incentivize tourism.
Slotegrator releases a licensing overview for African online gambling markets. Sub-Saharan African countries don't formally regulate online betting. Foreign operators are free to offer their services to local players in these jurisdictions. It's not possible to obtain country-specific licenses.
Slotegrator releases a licensing overview for African online gambling markets offering licenses. Some countries only regulate land-based gambling, while others offer the same licenses to online operators. It's unclear whether a local permit is required to operate online in these countries. A bookmaker license in Kenya costs about €2,800, whereas a foreigner will have to part with over €6,250. A casino license costs €32,000 for locals and €38,600 for foreigners.
Slotegrator releases a licensing overview for African online gambling markets. Nigeria is home to a flourishing online betting market. The application fee for online gaming licenses issued by the NLRC amounts to about €4,000. Yearly fees amount to €10,00 plus 5% of the turnover. Bookmakers are charged about€100, 000 during the first year and €20, for renewals.
Slotegrator releases a licensing overview for African online gambling markets. In South Africa, online betting is limited to sports betting and online casinos are banned. Licenses are issued by provincial authorities. The application fee for a bookmaker license issued in Western Cape is €750 and the same amount is charged in yearly fees. Prosecutions are required to obtain a license.
Slotegrator releases a licensing overview for African online gambling markets. Tanzania is a fully regulated market of great interest for operators. The Gaming Board of Tanzania issues licenses for both online casinos and online sportsbooks.
Slotegrator offers jurisdictional counseling to help you choose the market that best fits your necessities and acquire all the necessary licenses. SloteGrator releases a licensing overview for African online gambling markets.
