Africa
Betway Provides Solar Powered Kiosks to 10 Fintech Point of Sale Operators in Lagos
Nigeria’s premium online and gaming brand, Betway, is making a significant impact on the lives of entrepreneurs and small business owners in Lagos. The brand has announced its support for 10 Fintech point of sale (POS) operators in the city with solar powered kiosks to aid their businesses. This is part of the company’s commitment to support small businesses and entrepreneurs in Nigeria.
Understanding the pain that these POS operators go through daily due to the power situation in the country and their lean business capital that makes acquiring a power-generating setup a difficult necessity for most of them, the solar-powered kiosks are equipped with a solar panel and inverter to ensure that the Fintech POS operators have access to reliable and efficient power supply. This will enable them to conduct their transactions with ease and provide an enhanced customer experience. The kiosks are also weatherproof and can withstand harsh environmental conditions, making them suitable for use in any location.
Betway has been at the forefront of supporting communities, small businesses, and entrepreneurs in Nigeria. In 2022, the company supported flood-ravaged communities in Bayelsa state with a donation of ₦5,000,000 in food supplies and daily needs products, the distribution of which was coordinated by the Bayelsa State Emergency Management Agency in conjunction with the National Emergency Management Agency. The brand’s CSR initiatives have made a significant impact on the lives of people in these communities.
Otunba Kunle Olamuyiwa, Chief Operations Officer for Betway in Nigeria, said: “We are committed to supporting small businesses and entrepreneurs in Nigeria. Our focus is on empowering these businesses to thrive and contribute to the growth of the economy. The solar-powered kiosks will help these Fintech POS operators to operate more efficiently and serve their customers better.”
Otunba Olamuyiwa further said that many of the POS operators do not have good enough kiosks or shops to do their businesses with lots of them operating under umbrellas and being at the mercy of the weather. He noted that for the beneficiaries of the kiosks, this will be a great upliftment and their businesses will surely thrive better than before.
The Fintech POS operators who have received the solar-powered kiosks expressed their gratitude to Betway for the support. They noted that the kiosks have improved their businesses and enabled them to provide better services to their customers. They also commended the betting company for its commitment to supporting small businesses in Nigeria.
Larry, one of the beneficiaries and a Polytechnic graduate who went into the POS business because he could not secure employment after graduating from the higher institution, said: “I am still in shock, and I have not yet fully realised the fact that I now have a state-of-the-art kiosk to do my business. I saw the video requesting that any POS operator in Lagos who is in need of one should indicate so on Betway’s Twitter handle, and I immediately took the step of faith and asked my friends to support me so I could be selected. I am indeed grateful to Betway for this support.”
Dotun Adepegba, Marketing Manager for Betway in Nigeria said that this initiative is in line with Betway’s Corporate Social Responsibility (CSR) efforts to support the development of small businesses in Nigeria. According to him, the company is committed to making a positive impact in the lives of people in the communities where they operate.
“We did not stop at giving the beneficiaries kiosks to enhance their businesses, we also ensured that they passed through a short financial training program that will allow them run their businesses profitably,” he said.
Africa
Springbok Casino Honours South Africa’s Strongest Mother’s in the Wild and Gives Away 25 Free Spins
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The post Springbok Casino Honours South Africa’s Strongest Mother’s in the Wild and Gives Away 25 Free Spins appeared first on European Gaming Industry News.
The Association of Gaming Operators in Kenya (AGOK) in partnership with government agencies, regulators and civil society are spearheading a set of proactive initiatives designed to shape the future of the gaming industry and protect innocent Kenyans from addiction to gaming.
In a press release, the Association says nationwide awareness campaigns promoting informed, mindful participation in gaming will be carried out across the country.
Advocacy for tools such as time-out mechanisms, betting and deposit limits will be put in place to ensure a healthy and controlled gaming behaviour among Kenyans.
“The gaming industry in Kenya continues to evolve rapidly, creating opportunities for economic growth, digital innovation, and employment. However, with this growth comes a heightened responsibility to safeguard the welfare of players, particularly young people and vulnerable populations,” the statement by AGOK’s board reads in part.
“AGOK acknowledges the complex challenges associated with gaming, particularly around mental health, addiction prevention, and ethical standards. These are global concerns which members of AGOK take seriously. They are at the forefront of our agenda.”
The Association furthers contends that all its members operate under a “shared code of conduct” rooted in principles of fairness, transparency and social responsibility.
Among meaningful steps it says it has taken to prevent exploitation and minimise harm include putting into place advanced age-verification systems to block underage access, self exclusion tools that provide options for and permanent restrictions to gaming activities and round-the clock toll free helplines that offer confidential mental health and addiction support.
The regulatory measures comes amid calls to regulate the sector following increase in cases of mental health and some suicide cases attributed to betting.
The post Association of Gaming Operators in Kenya Announces New Regulations appeared first on European Gaming Industry News.
Readen Holding Corporation, a venture capital specialising in Fintech, Digital Payments and E-commerce, has announced the successful signing of the final agreement to acquire an 80% controlling stake in Morrich Lottery Limited, a fully licensed lottery operator in Nigeria. This milestone marks RHCO’s official entry into the African gaming market — one of the fastest-growing and most promising sectors globally.
With the closing of this acquisition, RHCO now holds active licenses in Nigeria for lottery, sportsbook and casino operations, unlocking access to an estimated $2.5 billion gaming market projected to grow over 9% annually through 2030. This move positions RHCO to become a major international force in regulated gaming, entertainment and fintech infrastructure.
Ridzky Berg, CEO of RHCO, said: “This is more than an acquisition — it’s a strategic launchpad into one of the most dynamic gaming markets in the world. Nigeria’s youthful population, expanding internet access, and growing appetite for digital gaming make this a prime market. With our proven fintech backbone and seasoned leadership, we’re ready to set a new standard for integrated, secure, and user-friendly gaming platforms across the region.”
The post Readen Holding Corp Finalises Acquisition of Morrich Lottery Limited appeared first on European Gaming Industry News.
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