However, it still lags behind other African nations that have taken their place on the international iGaming stage. Success is possible for online casinos in Ethiopia, but the road to get there is very bumpy.ĭespite being one of the world’s poorest countries, Ethiopia’s economy has grown by an average of 10 percent over the last 15 years, and overall poverty levels have been decreasing. Both have larger economies (and in Nigeria’s case, a much larger population) but there’s a similar love of sports and betting.Ĭhallenges but potential: online gambling in Ethiopia Kenya and Nigeria have, in some ways, modeled what the Ethiopian market could become in a few years. When it comes to Africa, most eyes slide over Ethiopia on their way to countries like Kenya, Nigeria, and South Africa. Growing economies and a wave of liberal regulation are creating opportunities for established brands looking to expand as well as new entrepreneurs looking for the right market. With only a handful of domestic operators, Ethiopia is still a wide-open field.Įmerging markets in Latin America and Africa have been one of the biggest stories in iGaming in the past few years. Less competition means there’s plenty of room for new operators to get their foot in the door. ![]() While rich markets promise healthy revenues, smaller markets have their own appeal.
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