Nigeria is a good region to venture into especially in the betting industry considering that around 60 million Nigerians between the ages of 18 and 40 are involved in active sports betting. They spend almost ₦2 billion ($4.8Million) on sports betting daily. This translates to about ₦730 billion ($89.9 Million) annually, a boost to gambling companies in Nigeria.
Cameroon on the other end, Sports betting is a big business and continues to grow as more bettors wager on football and sports every day. Many Cameroonians enjoy gambling and can do it at land-based casinos and online sportsbooks around the country. Gambling is legal in Cameroon (officially the Republic of Cameroon – République du Cameroun, a Christian Sub-Saharan African country that was a former French colony, has a population of 26.5 million), since 1960. Online gambling is legal in Cameroon since 2019. This is a good market to venture into especially for either online or retail gaming businesses. The level of competition is relatively low and thus an opportunity worth giving a shot.
Licenses in other African countries are also available.
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