Sports betting and other forms of gambling are becoming a phenomenon across Africa. Betting over which sports team might win has become a multi-million dollar industry. By 2022, the global gambling market could be worth $635 billion (596 billion euros), according to new findings by Dublin-based Research and Markets.
In Africa, countries like Ghana, Kenya, Nigeria and South Africa are witnessing a huge expansion in sports betting and other forms of gambling. Lotteries, poker, sport bets, slot machines, casino games, and online gambling is the new trend. Many enterprenuers and foreign companies are pocketing millions thanks to the gambling boom.
In Ghana’s densely populated slum Nima, the situation is dire because many unemployed youth spend their few coins in the hope of "making big cash." During the English Premier League, Spanish La Liga and the Champions league, sport gambling becomes the order of the day.
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