BtoBets Chief Executive Officer, Alessandro Fried, will deliver a presentation at the Cape Town iGaming Africa Summit, focusing on the promising prospects within the esports wagering sector, particularly in the South African market.
The iGaming Africa Summit serves as a prominent assembly for industry leaders and innovators. This year’s event, taking place in Cape Town, will encompass discussions on pivotal subjects including regulatory frameworks, ethical gaming practices, and the trajectory of iGaming on the African continent. Esports is poised to be a central point of discussion at the summit due to its surging global popularity. Significant stakeholders such as investors, corporations, marketing entities, and game developers are keenly observing its development. Industry specialists foresee esports becoming a substantial element within the sports betting landscape, projecting the global market to reach an impressive \$23 billion by 2020. South Africa is actively engaging with this trend, and the summit presents a valuable opportunity for operators to acquire insights into capitalizing on this burgeoning sector.
The South African gambling industry currently holds a value exceeding 2.6 billion Rand and is anticipated to expand to 3.6 billion Rand by 2019. To illustrate the scale of interest, South Africa boasts approximately 16 million distinct Twitch connections (Twitch being analogous to YouTube for video games and esports content), and over 330,000 individuals attended the rAge expo in 2015, a major gaming convention in South Africa.
Alessandro Fried’s presentation, titled “Esports: The Next Big Thing?”, is scheduled for October 25th at 12:00 PM at the Century City Conference Centre in Cape Town. Those intrigued by the future of esports betting in South Africa are highly encouraged to attend this significant event.
Fried elaborated, “The focus of this assembly is a thorough exploration of the African market. Our objective is to analyze recent information regarding African esports enthusiasts and, importantly, to demonstrate how established wagering firms in Africa can utilize technology and strategic promotion to engage and retain those millennial and Generation Z players.”