Macau Eyes African
Expansion
Lorien Pilling, Research Director, Global Betting and Gaming Consultants
I 22
n the first part of our look at the African casino market we focused on the dominant market on the continent – South Africa.
South Africa has had a decade of impressive
growth in its gaming sector, slowing only in the last few years. Elsewhere in Africa there are a number of other emerging markets attracting the interest of parties in Macau. Macau knows casinos and the results could be dramatic if it can work its magic in Africa’s emerging gaming markets too.
In its Global Gambling Report titled Betting on Regulation, GBGC calculates that gross gaming
yield (GGY) from casinos in Africa amounted to US$ 2.87 billion in 2010. Based on the current timetable of new properties opening and prospects for the region’s economies, GBGC forecasts that Africa’s casinos will have gross gaming yield of US$ 4.18 billion by 2015. Despite some strong growth over the last decade, Africa’s casinos still only represent 2.35% of the global casino market, as measured by GGY.
Angola
In Angola, there are four casinos in the capital Luanda, and one in Lubango. All the casinos in Luanda are part of hotels: Hotel Marinha, Hotel
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