Wednesday, June 18, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Stocks and Markets Update
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis
No Result
View All Result
Stocks and Markets Update
No Result
View All Result

REPORT: Betting in Africa 2024

March 22, 2024
in Market Analysis
Reading Time: 5 mins read
A A
0
REPORT: Betting in Africa 2024

[ad_1]

Betting, notably by cellular platforms, is a prevalent exercise among the many youth in Africa. Over time, GeoPoll has carried out surveys, each internally and on behalf of shoppers, indicating the widespread recognition of playing throughout the continent. 

We beforehand printed a report on playing in Africa in January 2022 following a survey among the many youth in Ghana, Kenya, Nigeria, South Africa, Tanzania, and Uganda. In March 2024, we ran the identical survey in the identical international locations and are blissful to current the outcomes right here: 

Employment Standing of the respondents 

This speedy survey, concentrating on random customers, revealed that 38% of respondents are at present employed. Shut behind, 21.44% reported being unemployed, whereas 20.15% recognized as enterprise homeowners or self-employed people. Moreover, 19% indicated they had been college students, with a small 2% unable to work. 

Most Africans have positioned bets, and Kenya nonetheless leads in betting  

When questioned about their betting expertise, 76.16% of respondents have admitted to inserting bets, whereas 23.84% have by no means engaged in betting.

Notably, Kenya emerges as a standout, with 82.81% of its respondents having positioned bets. South Africa follows carefully behind with 73.94%, then Ghana with 73.03%, Uganda with 71.43%, Tanzania with 71.13%, and Nigeria with 65.32%. 

Within the 2022 examine, Kenya led with 83.90% of Kenyans saying they’ve ever tried their hand at playing or betting, adopted by Nigeria (78%) and South Africa (74%).    

Playing frequency 

For the respondents who affirmed that they’d ever positioned bets, we adopted up with a query on how typically they had been playing. Whereas the 2022 examine discovered that 44.4% positioned bets as soon as a month, the most recent findings recommend a shift, with solely 32% betting not less than as soon as every week on common. Moreover, 20.84% place their bets as soon as a month, 17.76% guess not less than as soon as a day, and 15.61% guess greater than as soon as a day. 

Soccer betting is the preferred 

In accordance with AEON Soccer is considered one of the vital beloved sports activities internationally,  with a staggering fan base of three.5 billion folks. It’s performed and adopted passionately throughout Europe, Africa, Asia, and the Americas.  

The game’s immense recognition will not be restricted to the skilled stage, as over 265 million people interact in soccer. Our discovering additionally exhibits that Soccer is essentially the most most well-liked sports activities betting merchandise, with 76.53% leaning in direction of it. On line casino follows with 9.69% and different sports activities 5.14%. 

Throughout the AFCON 2023 examine, it was noticed that half of the respondents, engaged in playing actions. 

Common month-to-month spend 

After we requested about common month-to-month spending on inserting bets, a giant majority (56%) stated they spend under $5 USD. 

On common, Tanzania had the best common spend, adopted by Uganda and Ghana. Please observe that we used rounded native foreign money quantities within the survey and used approximate USD bands just for context. 

About this survey 

This GeoPoll speedy survey was carried out in December 2021 amongst 2.866 youth in Ghana, Nigeria, Kenya, South Africa, Tanzania, Uganda, utilizing the GeoPoll cellular app. The pattern was not totally demographically consultant and naturally skewed in direction of youthful folks in city areas. The pattern consisted of 72% males and 28% feminine. Age teams had been distributed as follows: 18-24 (40%), 25-34 (46%), over 35 (14%). 

To conduct a scientific examine on playing or different matters in Africa, Asia, and Latin America, please contact GeoPoll. 

[ad_2]

Source link

Tags: Africabettingreport
Previous Post

S&P 500 Overbought, US Dollar on Verge of Breakout: Key Levels to Watch Today

Next Post

27 Emerging Industries and Promising Startup Opportunities

Next Post
27 Emerging Industries and Promising Startup Opportunities

27 Emerging Industries and Promising Startup Opportunities

Falling fertility rates pose major challenges for the global economy

Falling fertility rates pose major challenges for the global economy

US Dollar Index Pushes Higher, Sterling Continues to Weaken After BoE Dovish Shift

US Dollar Index Pushes Higher, Sterling Continues to Weaken After BoE Dovish Shift

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Fintech
  • Forex
  • Investing
  • jutawantoto
  • lingtogel77
  • Market Analysis
  • Markets
  • Personal Finance
  • Real Estate
  • Startups
  • Stock Market
No Result
View All Result

LATEST UPDATES

  • Jutawantoto: Recommendations for Alternative Toto Sites & the Best Toto Accounts in Indonesia
  • Jutawantoto: Situs Toto Alternatif & Daftar Akun Toto Bergengsi
  • Jutawantoto: Register for a Toto Account & Official and Trusted Alternative Toto Site 2025
  • Jutawantoto: 4D Online Toto Togel Site & Prestigious Official Bookie
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Money Wise Inc.
Money Wise Inc is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis

Copyright © 2023 Money Wise Inc.
Money Wise Inc is not responsible for the content of external sites.