While Africa’s sports betting industry grows, many worry about who will lose

Summarized by: Live Sports Direct
 
While Africa’s sports betting industry grows, many worry about who will lose

Funding for her group has increased by 50 percent since the lockdown. The World Cup promotion encourages punters to bet at least $0.8 every day until the day of the final. Sales are going up during the World cup, fueled by demand from students, casual laborers and others of urban poor. Some customers left the betting house in Harare after England beat Senegal for a spot in the finals. Concern about the industry is growing. Kenya imposed taxes on all bets, win or lose, and revoked the licenses of several major gambling companies. A government survey found that respondents who saw gambling as a good source of income fell by half from 2019 to 2021.


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