Legal Sports Betting Brief: Peru, South Korea, Brazil, Africa

Legal Sports Betting Brief: Peru, South Korea, Brazil, Africa

From regulation and tax shifts in Peru to betting’s digital dominance in Africa, the global sports wagering landscape is evolving fast. While some nations expand and embrace the market, others like South Korea are scrambling to manage their risks. LIMA – While we normally focus … Read more

Olympic Rugby Betting Odds: Big Matchups In Union 7s

Carlin Isles

Team USA has +200 long odds to beat South Africa in Rugby Union 7s at the Tokyo Olympics. New Zealand is the favorite to win the gold medal. New Zealand is also -370 favorites to beat Australia in Union 7s. TOKYO – The Olympics continue … Read more

Kenya Sports Betting Sees Turnover Tax Left Out Of National Budget

Kenyan Assembly

The National Assembly has amended Kenya sports betting laws in the national budget to remove a 20% tax on sports bets. The tax rate was introduced in 2019, which led to many sportsbooks in Kenya to drop out of the market. The budget will still … Read more

Coronavirus Kills 99% Of East African Sports Betting Market

Kenyan Sports betting

Millions of dollars are being lost from the East African sports betting market because of the lack of sports occurring due to the Coronavirus. East Africans prefer to wager on real sporting events at actual land-based sportsbooks rather than internet sportsbooks and their current virtual … Read more

Sports Betting In Africa Is Booming Thanks To Mobile Phones

Africa

African sports betting is surging among younger people. The introduction of mobile devices in Africa helps fuel sports betting. Not many protections for sports betting addiction are available in Africa. LAS VEGAS – Sports betting in Africa has been surging in the last few years … Read more