I-gaming stakeholders are meeting in Cape Town this week as the 4th Annual BiG Africa Summit gets underway today.
Compliance issues, responsibilities and the future of the market in South Africa will be major topics discussed at the summit.
ESports will be a significant point of interest for discussion as it continues to grow in popularity, not unnoticed by the major investors, brands, advertisers, and gaming houses worldwide. International analysis speculates eSports will play a key role in the future of sports betting, with an estimated global wagering market of $23bn by 2020.
South Africa is quickly catching up to this international trend and operators will have the opportunity to discover more about this at the summit in Cape Town.
The South African gaming industry is currently worth over R2.6bn, with estimations to reach R3.6bn by 2019. Unique Twitch connections, a streaming service connecting consumers to the eSports market, from South Africa are around 160,000 and over 33,000 people attended rAge-South African eSports Expo in 2015.
Bto Bet’s CEO Alessandro Fried will make a speech on the eSports’ market in South Africa and the business opportunities related to eSports betting during his speaking slot: eSports: The Next Big Thing?, on 25th of October at 12.00 at the Century City Conference Centre & Hotel Cape Town.
Fried explains, “The speaking session will give an insight into the African market, providing indications about eSports consumers in Africa and showing how African traditional bookmakers can attract Millennials and retain bettors through technology and marketing strategies.”