The African sports betting industry is experiencing rapid growth, driven by increased internet access, a youthful, tech-savvy population, and the widespread popularity of mobile gaming. With the overall gambling market projected to reach $17.69 billion by 2025, this expansion comes with heightened scrutiny and regulatory challenges. Kenya, Nigeria, and South Africa dominate the market, with football accounting for over 76% of all bets.
However, critical concerns such as cybersecurity threats, fraud prevention, and adherence to AML and KYC regulations are shaping the industry’s future. Betting operators must adopt advanced fraud detection strategies, strengthen cybersecurity measures against AI-driven threats, and ensure regulatory compliance to maintain credibility and avoid penalties.
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