New Betting Companies

New Betting Markets Offer Opportunities for Expanding Gaming Companies

But new deal announcements tracked lower in January, according to Bank of America. North American companies announced $200 billion of deals in January, down from $300 billion in December. Oct 12, 2019 The company is also going international, which could open up many new markets. If you're looking to wager on the sports betting business, MGM and Scientific Games have great odds, and that's why. Even after the government suspended the licenses of 27 betting companies in the recent past, new firms have come up. Generally, betting in Kenya happens online, where people use their mobile.

New Betting Companies
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New York, NY – January 20, 2021 – We are in the middle of an unprecedented time in the legal gambling industry. New markets all over the world are opening up to regulated online and land-based gaming. Most recently, November ballot initiatives opened up US states Maryland and Louisiana to online sports betting and Nebraska and Virginia to casino gambling, joining major US markets like New York, Michigan, and Oregon as states seeing notable legislative breakthroughs in 2020. Meanwhile, key European markets like Germany or the Netherlands are seeing legal breakthroughs of their own and setting up huge opportunities for international gaming companies. As major markets in Europe, Asia Pacific, and the Americas strengthen the global betting industry, companies like Bragg Gaming Group (TSXV: BRAG) (OTCQX: BRGGF), Entain Plc (OTCPK: GMVHF), DraftKings Inc (NASDAQ: DKNG), Rush Street Interactive (NYSE: RSI), and 888 Holdings (OTCPK: EIHDF) are expanding their global footprints into new markets with nearly limitless potential.

Betting Industry Partnerships Bring Bragg Gaming Group into New Markets

A rush on online casino and sportsbook operators moving into new emerging markets is great news for betting industry-focused technology providers like Bragg Gaming Group (TSXV:BRAG) (OTCQX:BRGGF).Bragg is a provider of turnkey, digital solutions for online casino and sportsbook operators. Through its subsidiary ORYX Gaming, the company specializes in setting licensed operators up with everything they need to get their betting sites up and running. ORYX’s products include a fully functional white label desktop and mobile iGaming platform complete with an extensive library of advanced first and third casino content, as well as sportsbook, lottery, marketing, and operational services, including transaction handling in multiple currencies and more.

Bragg’s partnerships are taking the company into emerging and established online betting markets all over the world. Most recently, the company expanded its footprint in Germany through a new partnership with StarGames. The deal will see ORYX providing StarGames with its extensive portfolio content, as well as with player engagement tools and data services. This partnership comes at an opportune time for Bragg to cement its foothold in the German market as it fully opens over the next year.

Bragg also recently partnered with JVH Gaming & Entertainment Group, giving the company its entry point into the Netherlands market as well. To cement the deal, ORYX will provide JVH with its iGaming platform, which will bring JVH’s business online for the first time.

In December, Bragg announced a multi-jurisdictional deal with Finnish international casino operator Paf that will see ORYX content distributed in Sweden, Estonia, Spain, Latvia, and Finland. In November, Bragg entered the Swiss market via a partnership with online casino operator mycasino.ch by Grand Casino Luzern. The company has had an eye on the Swiss market since 2019 when legislation opened the country to online betting.

“We’ve made extraordinary progress in 2020 and are very pleased with the substantial revenue and EBITDA growth that we’ve delivered,” Bragg CEO Adam Arviv said in a recent release on the company’s Q3 revenue growth. “We continue to expand globally, enhancing our content portfolio and technology offering, and securing new customers across key geographies.”

Gaming Companies Find New Opportunities in New Markets

Gaming company Entain Plc (OTC:GMVHF)announced on January 7 that it would be moving into the Baltic gaming markets via a £250 million offer for Enlabs, a leading gaming company operating in Baltic markets like Latvia, Estonia, and Lithuania. Entain sees enormous opportunity in the locally regulated and fast-growing Baltic markets and sees Entain’s foothold in these counties as an ideal way in.

In November, leading sports betting company DraftKings Inc (NASDAQ:DKNG)launchedits mobile sportsbook app in Tennessee. DraftKings has been rapidly expanding throughout the United States in recent months, in part due to legislative momentum for online sports betting throughout the country. Tennessee is now the ninth state in which the DraftKings app is operating. The company also established itself in Illinois, West Virginia, Pennsylvania, and New Jersey in the latter half of 2020. DraftKings has been expanding internationally as well, partnering with South African casino operator Peermont Hotels, Gaming and Resorts in October.

Online casino and sports betting gaming company Rush Street Interactive (NYSE:RSI)announced in December that the company had finalized an agreement with Century Casinos to launch an online casino in West Virginia. Rush also operates online casinos in Colorado, Illinois, Indiana, Iowa, New Jersey, and Pennsylvania.

International online gambling platform 888 Holdings (OTC:EIHDF)announced in December that the company would be moving into the Iowa market through a partnership with Iowa gaming license-holder Catfish Bend Casinos. The UK-based company also announced that it would be moving into Indiana and Colorado through similar partnerships with local license-holding companies.

This wave of legalization and regulation could be the biggest opportunity in the history of the online betting industry for rapidly expanding companies like Bragg Gaming Group as they establish themselves in the early days of high-potential new markets.

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© Provided by Tuko Latest betting companies in Kenya

The betting industry is one of the fastest-growing sectors in Kenya. Estimates show that there are over 40 betting companies in Kenya. If you combine that with other gambling activities such as lotto and online casinos, that number increases significantly. While some companies have been banned from operating in the countries, others have been allowed in the market just recently. This list of new betting companies in Kenya is made up of recently licensed companies that you can use to place your bets.

A report by the Business Daily showed that the Kenyan gaming industry has grown from Ksh 2 billion to Ksh 200 billion over the last five years. Surprisingly, the majority of the firms received their operating licenses in the last year. That shows how large the industry is, with players like SportPesa and Betin enjoying a large share of the market.

Even after the government suspended the licenses of 27 betting companies in the recent past, new firms have come up. Generally, betting in Kenya happens online, where people use their mobile devices to wager. That is one of the reasons why the new betting companies in Kenya are focusing their activities online. But what are some of these companies? Here is a look at five of them and their license numbers.

1. Flooks

Flooks have taken Kenya by storm with a great 100% registration deposit bonus, 20% deposit daily bonus offer e.g. you deposit KES.100 you get 20 for FREE, 150 you get 30 for FREE, 250 you get 50 for FREE, daily KES.100,000 plus Jackpot at KES.10 consisting of only 10 matches, Midweek and weekend KES.1,000,000 plus Jackpot at KES.25 consisting of only 13 matches with bonus offers from 10 to 12 out 13 correct predictions, bonus promotions and boosted odds. They aren’t the biggest bookmakers but they have made a big impact with punters.

Flooks are arguably the best Jackpot bonus payers in Kenya. They have loads of deposit and withdrawal options as well as some of the top odds in Kenya. One can bet via SMS

Online Sports Betting Companies

Flooks have fantastic odds as well as a top desktop and mobile site, add to that their KES.10 as minimum stake, 100% deposit joining bonus offer and their great FREE jackpot for new Customers and you’re onto a winner!

With Flooks, you do not have to worry about your internet expenses. Bet for free without any limitations or data charges. One can even bet with zero bundles for as long as they want. You can bet via SMS using standard SMS betting strings.

For more info on Flooks, SMS BET to 29444.

2. Bet254

One of the new sports betting sites in Kenya is bet254. The site launched in August of 2019 and runs its operations under BCLB license number BK 0000090. As a new entrant in a seemingly crowded market, the bookmaker’s unique selling proposition is the minimum stake amount. One this site, the minimum stake amount is one shilling.

70 Gaming Companies In NYC | Built In NYC

Also, the bookmaker offers bonuses for all multiple bets you place. You can get a 3% bonus for all bets with three selections. If your bet has 30 selections, you will get a win bonus of 254%. For jackpot lovers, the company has a weekly jackpot of Ksh 25,400,000, which you can place with Ksh 10. A punter must pick 17 winners, and they will receive a prize for picking 13 correct predictions.

The bookie’s website is bet254.com. You can contact the support team through +254-711-082-009 or send an email to support@bet254.com.

3. 22bet

22bet is one of the new entrants in the Kenyan betting industry and runs its operations under BCLB license number BK 0000121. The company offers new users a 100% welcome bonus when they sign up. That bonus amount can increase up to Ksh 15,000. One of the unique aspects of the site is that it has many betting markets not provided by most of its competitors. Some of these include:

Companies
  • Shot in the Direction of the Goal
  • Fouls
  • Posts and Crossbars
  • Tackles
  • Dribbling
  • Aerial Battles
  • First to Happen
  • Saves
  • Throw-inns

New Betting Companies Australia

Furthermore, the bookmaker has competitive odds and allows wagering across multiple sports. The company’s contact information is support-en@22bet.com and its website is 22bet.co.ke.

You can also try out your luck by checking out 1XBet, BetWay and BetWinner. It is true what they say: you can’t win without trying. Why not to try it out today? Now that you know all there is to know about betting, it should be easier for you to play and even win. Why don’t you start by looking for a bet that works for you? It is easy to apply, play, and win. All you need is your smartphone or laptop, and you are good to go.

4. Palms Bet

Palms Bet is a relatively new bookmaker in the market that operates under BCLB license number 0000030. It is one of the few betting sites with bonuses. The bookie has a signup bonus of up to Ksh 100,000. Also, there are three deposit bonuses for new users. You will get a 50% bonus on your third deposit up to Ksh 20,000. You can play free money games on the site with a chance to win daily and weekly amounts that you can use to wager on any event.

Palms Bet is also a bookie that offers a multi-million jackpot. The jackpot size is Ksh 5,000,000, which is available daily. You must have at least Ksh 95 to wager on 12 games. Prizes are available for correctly predicting 10 and 11 matches. With Palm Bet, the minimum stake amount is Ksh 10, and the maximum payout is Ksh 5,000,000 on any given ticket.

You can visit the site at ke.palmsbet.com or contact support through +254-728-509-838.

Image: Twitter, @LillyMaryPinto

Source: UGC

5. BetLion

Betting

New Betting Companies In Kenya 2019

BetLion offers both online and SMS betting. It is one of the new betting sites that allow punters to place their bets on various sports. The company has many promotional offers, including:

  • Welcome offer: You enjoy a free bet worth Ksh 20 upon registration
  • Refer a friend: You win a free bet of Ksh 100 anytime you refer a friend to sign up with the bookmaker
  • Loyalty bonus: You earn every time you wager on the site
  • Price boost: The site will boost your odds up to 30%
New Betting Companies

BetLion also offers the biggest jackpot in the country of Ksh 350,000,000. The Goliath Jackpot has 20 games, and each ticket costs Ksh 100. You will get a consolation prize if you win 16-19 games. Also, there is a Ksh 15,000,000 midweek jackpot which has 15 jackpot games and each ticket costs Ksh 50.

The bookie’s website is betlion.ke. You can contact them through +254-709-515-000 or send an email to helpke@betlion.com.

6. OdiBets

New Betting Companies

OdiBets has been in operations since October 2018. But it is only until the recent ban of betting firm licenses that many Kenyans started hearing of it. The bookmaker is one of the few betting sites with free bets for new users. When you sign up, you will receive a free bonus of up to Ksh 30. OdiBets offers sports betting from Soccer to Handball.

The company also has a multi-bet bonus for all customers. It is a bonus that applies to multi-bets of five soccer games and above. You can only qualify for the bonus if you wager a minimum stake of Ksh 50. You will get a 150% bonus if you have 32 soccer games in your selection.

The minimum stake amount on any sporting event is Ksh 1.00, and the maximum is Ksh 50,000. You can place a bet either via SMS or through their website at odibets.com. Unlike other sites, OdiBets sets the maximum amount of money you can win and withdraw on any given ticket. Also, it is the only bookmaker that does not have a jackpot. You can contact OdiBets through +254-709-183-680.

You can also try out your luck by checking out 1XBet, BetWay and BetWinner. It is true what they say: you can’t win without trying. Why not to try it out today? Now that you know all there is to know about betting, it should be easier for you to play and even win. Why don’t you start by looking for a bet that works for you? It is easy to apply, play, and win. All you need is your smartphone or laptop, and you are good to go.

It is worth remembering that there are many new betting companies licensed in Kenya. Most of them did not make this list because the government suspended their licenses. But the betting industry in Kenya is growing fast. That means many more bookmakers are likely to join in and have a share of the Ksh 200 billion industry. Before joining any new betting site, ensure it is operating under a BCLB license.