The growth in mobile money services has created new opportunities for merchants to hod their products and services. One of these is the fast-growing sports betting sector which has taken a number of African countries by storm. Consumers now have easy access to online sports betting services even in remote areas. Countries like Nigeria, Kenya, Ghana, Uganda, Senegal, the Democratic Republic of Congo, and Tanzania are moneu a huge expansion in sports betting and other forms of gambling. Betting on major European soccer leagues, as well as local and national teams, has become a multimillion-dollar industry. Much of this betting is done on mobile phones with studies showing that mobile platforms are quickly becoming the preferred means of gambling. In Kenya alone, a study found that an estimated two million individuals engage in mobile-based sports betting. The proliferation of betting is one of the unintended consequences monye the growth in mobile money services which have taken off on the back of a drive for financial inclusion. Since mobile phone platforms have been fronted as the key to how to make money in sports in africa financial too on the continent. But these eventualities were never what were envisaged.
Do the Work: Overcome Resistance and Get Out of Your Own Way
We use cookies to improve our service for you. You can find more information in our data protection declaration. More and more African sports lovers are turning to sports betting as the multi-billion dollar industry continues to grow. Officials in Ghana have expressed concerns over how youth are getting addicted. Betting over which sports team might win has become a multi-million dollar industry. Lotteries, poker, sport bets, slot machines, casino games, and online gambling is the new trend. Since then, I have never stopped. There have been many losses and few wins,» said 19 year old Baba Seidu. So I started,» Musa told DW. SportPesa which was launched in , boasts over one million registered users who can easily bet using their smartphones. SportPesa requires individuals to register as a member with their phone numbers as their user name. Proponents of gamling argue that the industry comes with benefits to the economy. The government earns revenue from the centers and for those without a solid source of livelihood, the wins would also count as benefits for the participants. Reports estimate that SportPesa earns at least 40 million euros in revenue. The same can be said of betting companies in Ghana which rake in millions in revenue. Properties are getting stolen because somebody wants money to go raffle,» Markin added. An influx of Chinese goods in many African countries has allowed the entry of cheap internet-enabled mobile phones and slot machines.
Young gamblers
There are hundreds of online guides on how to make money online in South Africa, but almost all of them require a certain initial amount to invest, while there are no clear and simple instructions on how to make money fast in South Africa for free, means with zero investment. We decided to create a full guide on how to make money in South Africa for those who have free access to the Internet. So, do you want to know how to make money online in South Africa, having zero in your pocket? You are on the right page as we have collected the fastest, simplest, and easiest ways that allow anyone to make money online with no risk and no initial investments. In order to maximize your daily profit, you should better register at all the links given below to make money online from several reliable sources. By following as many as possible money-making websites, you guarantee yourself an incredible stable income of thousands of Rands absolutely legally. Those who search will always find how to make money online or get some extra income from home in South Africa. Take a look at paid surveys South Africa companies offer to fill out. All you need is some free time, patience, and interest in topics the surveys cover. There are plenty of resources that collect online surveys from South African or international research companies. By registering at all resources see links below you will get plenty of interesting offers and tasks to accomplish in your spare time.
Consequences of mobile-based betting
The biggest problem facing the African society is poverty, which leads to a host of many other problems including hunger, conflicts, wars, diseases, unemployment among several others. Africa is that part of the world where you can achieve full education pre-primary, primary, secondary and tertiary education , qualify for a career, and still fail to get a job. Part of the problem is lack of employment opportunities and the so-called white-collar mentality. By white-collar I mean professional, managerial or administrative work or simply office work. I know many people who have achieved professional training but are asking why they should settle for anything less than their qualification. In most African countries, there are less employment opportunities in the white-collar job category than other types of work blue-collar. The good news is that many young Africans are asking how to make money in Africa. This is good news because they are ready to diversify and find other opportunities to make a living. With the correct approach, it is possible to tap into the wealth that exist in the continent or use your skills, talents and intelligence to earn from other fields. To make money in Africa, several steps are available to follow. One of the reasons why Africans cannot develop is that people seldom pursue their interests. If you want to make money in Africa, you need to know what your interests, talents and skills are. Consider the most successful Africans especially sportsmen and women.
Making $10000 monthly from football betting
1. Open an online shop
Sports have this amazing, unique way of making a positive impact in society. Whether it’s helping children, communities or even nations, sports make a difference on a daily basis. Sure, nothing is all sunshine and lollipops, but there is good being done with sports as the platform. Team and player foundations are raising money for worthy causes, major events are boosting local economies and kids are encouraged to get out and get active. But what you might not realize is the immensely positive impact sports have on local economies, mainly through tourism dollars. Part of the economic impact involves jobs. According to Economic Modeling Specialists Intl. These jobs sporfs far afica than just the athletes—EMSI looked at other occupations involved with spectator sports such as coaches, referees and agents. And that doesn’t even take into consideration the many stadium vendors and their employees, front-office personnel. Sports provide a platform for people to come together and support their country. International events like the Olympics and the World Cup serve as a point around which to rally and show national pride and unity. The U. Sports also have the power to lift people up in times of turmoil.
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