eGaming Review January 2014 | Page 87

OFFSIDEGAMING SPONSORED EDITORIAL AFRICA FOCUS What kind of approach will work? In markets such as Latin America we have done well with an approach of starting five to six diversified projects in different regions as a way to test the market. Therefore it is likely that our approach in Africa will be the same. Unique models such as agents’ joint ventures with shop operators and casino operators are likely to flourish in this region. We will seek and identify key marketing partners over the course of 24 months and work with five to six partners across the region, where we will try and ensure that all of these ventures succeed with the maximum support we can give them. We have already set up a hub in South Africa to service the market and ensure we have boots on the ground from the start. Type of business The nature of business in Africa is interesting. We have a licensed venture in Uganda where we are making 20% margin with strong growth month on month. However, we are learning on the job and have had to do a lot of work on the mobile channel to get it working across all handsets. In terms of operations we are working with shop operators and using shop networks as cashpoints. Step two will be to integrate various mobile payment systems. It’s basic, but it works. In particular mobile apps need to work on relatively basic feature phones using Opera Mini. At the recent Big Africa Summit, Betradar mentioned that some of its licensees in markets such as Nigeria are experiencing growth rates of over 1,000% per annum. Although likely from a low base, it is still fast growth. We are currently getting more new business enquiries from Nigeria than any other region. Nigeria is ahead of many markets in this region, with a number of operators offering European standard of live betting and covering up to 2,000 events per month. At the recent Big Africa Summit, Betradar mentioned that some of its licensees in markets such as Nigeria are experiencing growth rates of over 1,000% per annum. Although likely from a low base, it is still fast growth Overall the market is very interesting and offers real growth opportunities for operators there. It will be a mix of old fashioned business development driven business mixing up channels such as shop, mobile, agents, cashiers and various other models. But also a high level of technical aptitude is required from firms entering in terms of mobile – this is a region that may skip desktop to some extent. Indeed, 80% of our current players in this region do not have an email address! We will seek and identify key marketing partners over the course of 24 months and work with five to six partners across the region, where we will try and ensure that all of these ventures succeed www.egrmagazine.com 85