Expanse Studios Targets African iGaming Boom with Betika Partnership

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South African online casino portal GamblingSA.co.za has voted Springbok Casino as the Fastest Payout Casino for 2024. This prestigious recognition highlights Springbok Casino’s commitment to providing players with quick and reliable access to their winnings.

GamblingSA.co.za is renowned for being South Africa’s largest and most trustworthy online gambling guide. Since 2003, it has delivered comprehensive reviews and recommendations to South African players, making it a critical resource for those seeking secure and rewarding online gambling experiences. The platform’s endorsement carries significant weight due to its rigorous review process and deep understanding of the industry.

Springbok Casino Thrilled with the Vote

Springbok Casino expressed its excitement and gratitude for this accolade. The casino has always prioritised the player experience, and fast payouts are a key aspect of its service. Receiving this recognition reaffirms its dedication to excellence.

“We are thrilled to be recognised as the Fastest Payout Casino for 2024 by GamblingSA.co.za. This award is a testament to our continuous efforts to enhance our payout processes and ensure that our players receive their winnings promptly,” said John Smith, General Manager of Springbok Casino.

Gatis van Hachava, Editor-in-Chief of GamblingSA.co.za, also commented on the award: “Springbok Casino has set a high standard in the industry with their swift payout times. This efficiency is crucial for players who value timely access to their funds. We are proud to acknowledge their outstanding service.”

Why Did Springbok Casino Get Chosen?

The features that led to GamblingSA.co.za selecting Springbok Casino for this award include its streamlined withdrawal processes, dedicated payment teams, and a variety of payout options that cater to the preferences of South African players. Springbok Casino has implemented advanced financial technologies to ensure that transactions are processed quickly and securely, providing players with peace of mind and satisfaction.

Fast payouts are critical for online casino players. Speedy withdrawals enhance player satisfaction and build trust and credibility in the casino. Only leading online casinos with robust financial systems and customer-oriented policies can consistently offer this feature.

In South Africa, online casino players have various payment methods at their disposal. Popular options include EasyEFT, Visa, Mastercard, Skrill, and Bitcoin, among others. These methods provide flexibility and security, catering to the diverse needs of the gaming community.

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Golden Matrix Group, a leading developer and licensor of online gaming platforms, systems, and gaming content, has announced that its subsidiary, Meridianbet, has been granted a sports-betting license in South Africa.

The Western Cape Gambling and Racing Board issued Meridianbet a Bookmaker License, a Bookmaker Premises License and a Manufacturer License.

These licenses will enable Meridianbet to operate online sports betting across South Africa, showcasing the company’s regulatory compliance and fit-and-proper status within South Africa’s stringent licensing regime. The Manufacturer License also permits Meridianbet to license its proprietary sports betting software within the Western Cape region.

Expansion into South Africa

“We are thrilled to enter the South African market, and this new license presents a significant opportunity for us to continue to scale our operations,” said Zoran Milosevic, CEO of Meridianbet. “Expanding our reach into South Africa will provide new opportunities to grow our user base in an entirely new jurisdiction, underscoring our ongoing commitment to growing our industry-leading brands around the world.”

A Growing Market

The South African digital gambling market has exhibited significant recent growth, with total revenue projected to reach $828.50 million by the end of 2024, according to Statista. The market is expected to grow at a compound annual growth rate (CAGR) of 5.77% from 2024 to 2029, resulting in a projected market volume of $1.1 billion.

Market Impact and Economic Contribution

This market expansion supports Meridianbet’s consistent operational growth and dedication to innovation within the global iGaming sector. The South African market is positioned as a significant player in the global landscape, with the sports-betting sector contributing significantly to the country’s economy, accounting for 50% of gross gambling revenue. In the 2023 fiscal year, gross gambling revenue (GGR) in South Africa totaled $2.42 billion, according to Moneyweb.

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OdiBets, one of Africa’s largest and most trusted betting operators announces new partnership with leading B2B games provider and acquisition and retention specialists, Incentive Games.

Through this collaboration, Incentive Games will integrate their bespoke Velocity crash games system to OdiBets’ platform, launching in the summer of 2024.

The launch will encompass a dynamic mix of gaming options, including:

• Free-to-play Velocity crash game: This engaging format will allow players to experience the excitement of crash gameplay without financial risk.
• Several pay-to-play crash games: OdiBets’ customers will have access to a selection of thrilling pay-to-play crash games, offering a chance to win cash prizes.

Incentive Games’ expert developers have meticulously crafted this suite to seamlessly align with OdiBets’ platform, guaranteeing a smooth player experience. Once live, the Incentive Labs team – a dedicated group of R&D, data, and AI specialists – will work behind the scenes to analyse user behaviour and preferences. This allows for ongoing optimisation and personalisation, ensuring OdiBets’ players receive the most engaging and rewarding crash game experience.

John Gordon, CEO of Incentive Games, said, “We are delighted to partner with OdiBets, a leading force in the African gaming market. Their commitment to providing an exceptional player experience aligns perfectly with our vision at Incentive Games. We’re confident that our innovative crash games will provide an entirely new level of entertainment and help solidify their position as a top gaming destination in Africa.”

Wilson Gichuki, Head of Product at OdiBets, said, “We are thrilled to join forces with Incentive Games. Their expertise in gamification will significantly enrich our platform, offering our users more interactive and enjoyable betting experiences. This alliance aligns with Odibets’ goal to deliver cutting-edge gaming solutions and diversify its entertainment options for its customers and the gaming industry.”