GAMING FOR AFRICA Malawi Sportsbetting Popularity Grows
Sports betting has become increasingly popular in Malawi over the past few years, with more and more people taking an interest in the activity. This is due to a combination of factors, including the convenience of online sportsbooks, the excitement of placing bets on popular teams and the fact that sports betting can be done anywhere with an internet connection. The latest addition to this list is Crypto betting sites
which have slowly but surely gained popularity due to their ability to facilitate anonymous, secure gambling. With all this in mind, it’s no wonder that sports betting is becoming increasingly popular in Malawi.
Who regulates the sports betting industry in Malawi? The Malawi Gaming Board is the regulatory body responsible for regulating the sports betting industry in Malawi. The board was established in 2018 and is tasked
with ensuring that all gaming activities are conducted fairly, transparently and responsibly.
The Rise and ‘Crash” of Social Games in Africa
Crash games and social gaming have become increasingly popular in Africa, with more and more players joining in on the fun. These games, which offer players the chance to win big with just a few clicks, have quickly become a favorite pastime for many across the continent. One of the reasons for the popularity of crash games
is their simplicity. Players are required to make a bet and wait for a multiplier to increase before cashing out, making it an easy game to understand and play. In addition, many crash games offer attractive bonuses and promotions, adding to the excitement and appeal. The recent announcement by Pragmatic Play of its popular game Spaceman launch in South Africa, and a recent deal signed by Aviatrix with a leading South African sportsbetting operator attest to the growing demand.
Social gaming, on the other hand, has become popular due to its ability to bring people together online. Many African gamers, who may not have access to physical gaming communities, have found solace in online gaming communities, where they can interact with others who share their interests. Social gaming also allows players to compete against each other, making it an enjoyable and engaging experience. With the rise of mobile technology and affordable
internet access, it is expected that the popularity of crash games and social gaming in Africa will continue to grow in the coming years. As more players join the online gaming community, it is likely that we will see new and exciting developments in the world of online gaming across the continent.
Pragmatic Play Launches Spaceman Crash Game in South Africa
Pragmatic Play, a leading content provider to the iGaming industry, has debuted its popular crash game, Spaceman®, in South Africa with 10bet. The deal sees 10bet become the launchpad for
Spaceman® to be played in the country for the very fi rst time. In Spaceman®, fortune favours the brave – and
the fast! Launching himself into space alongside a multiplier that grows in tandem with his ascent, the spaceman is destined to crash in every game. The question is when. Aiming to cash out before he crashes out, players can make quick decisions before the spaceman’s journey randomly ends to collect whatever multiplier was on display at the time, or they can hold out for astronomical wins up to 5,000x their bet. With captivating graphics, engaging mechanics,
and fast, intuitive gameplay, Spaceman® is a unique offering in the South African iGaming market. The game also includes active social features, such as leaderboards and a chat function, to increase player engagement even further.
The agreement with 10bet sees Pragmatic Play
strengthen its foothold in key regulated markets in Africa, following similar expansions in Europe and LATAM. Irina Cornides, Chief Operating Offi cer at
Pragmatic Play, said: “Spaceman® is a beautiful game with uniquely engaging mechanics and hugely appealing social features. Pragmatic Play is committed to bringing its diverse range of player-favourite games to regulated markets across the world, including in South Africa, where we expect Spaceman® to take off with 10bet players.” Michelle Colborne, Chief Revenue Offi cer at
10bet South Africa, said: “We are thrilled to be the fi rst sportsbook and games operator to offer our players this exciting Spaceman game from Pragmatic Play. “At 10bet South Africa, we’re trendsetters and
committed to providing our players with the best gaming experience possible. Spaceman is a perfect example of the high-quality games that we have to offer.”
MAY 2023 29 It also ensures that all operators comply with the
government’s laws and regulations. The board works closely with other stakeholders, such as law enforcement agencies, fi nancial institutions and other relevant authorities, to ensure all gaming activities are conducted within legal parameters.
What is the sports betting scene like in Malawi? Malawians may wager on a wide variety of sporting events. Nonetheless, football betting, followed by basketball and cricket, is the most popular nationwide. Fixed odds betting, pari-mutuel betting, spread betting and totalizator systems are all available in Malawi for anyone interested in placing wagers on sporting events. The most popular sports bets in Malawi are fi xed odds bets, in which gamblers wager on the result of a specifi c game or event. All other bet types are permissible in Malawi, provided they are placed via properly regulated establishments.
What impact has legalized sports betting had on the country’s economy? Legalizing sports betting in Malawi has positively impacted the country’s economy. It has created new jobs, increased tax revenue and provided additional funding for public services. With the emergence of sportsbooks, new job openings have been made available, including IT experts, fi nance managers and sales and marketing offi cials, amongst many others. The government has also been able to raise the tax from sportsbooks’ operations, thus raising more money that can fi nance more public services. All these factors combined suggest that legalized sports betting in Malawi has been benefi cial for the country’s economy. In conclusion, sports betting in Malawi has become
increasingly popular due to the rise of technology and access to mobile phones. It has led to a surge in sports betting activities and increased revenue for the government. (Source: Nyasa Times)
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