{"id":3956,"date":"2018-10-19T16:24:48","date_gmt":"2018-10-19T16:24:48","guid":{"rendered":"https:\/\/www.top10casinowebsites.net\/news\/?p=3956"},"modified":"2018-10-19T16:24:48","modified_gmt":"2018-10-19T16:24:48","slug":"ice-africa-to-discuss-issues-facing-south-africas-gambling-industry","status":"publish","type":"post","link":"https:\/\/www.top10casinowebsites.net\/news\/ice-africa-to-discuss-issues-facing-south-africas-gambling-industry\/","title":{"rendered":"ICE Africa To Discuss Issues Facing South Africa\u2019s Gambling Industry"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.top10casinowebsites.net\/news\/wp-content\/uploads\/2018\/10\/ice-africa.jpg\" alt=\"ICE Africa\" width=\"300\" class=\"alignright size-full wp-image-3957\" \/>The future of South Africa\u2019s gambling sector looks bright as recent figures show the <strong>country\u2019s gross gambling revenue (GGR) is set to exceed R35 billion (\u00a31.85 billion) in 2021<\/strong>. This represents a 5.1 percent compound annual increase. <a href=\"https:\/\/www.pwc.co.za\/en\/assets\/pdf\/gambling-outlook-2016-2020.pdf\">PricewaterhouseCoopers<\/a> is also predicting gambling levies and taxes will rise to R3.5 billion in 2021, at a 5.2 percent compound annual rate.<\/p>\n<p>However, the auditing giant warns of not being too optimistic as South Africa\u2019s slow economic growth may become a stumbling block for the gambling industry.<\/p>\n<p>Representatives from the gaming industry throughout the African continent will come together and discuss relevant issues facing the sector at the upcoming <a href=\"https:\/\/www.iceafrica.za.com\">ICE Africa<\/a> event which is due to take place on <strong>Oct 24 \u2013 25 in Sandton, South Africa<\/strong>. This marks the first time ICE is being held outside the UK.<\/p>\n<p>Among the companies taking part in the event is iGaming software developer <strong>BOSS Gaming Solutions<\/strong>. The firm will present its new betting product SIMPLE BET which offers a ready-made solution, making it easy for land-based operators to manage their own shops from scratch. BOSS COO <strong>Catalina Lukianenko<\/strong> said betting is a promising branch of iGaming in South Africa, enjoying a 40 percent increase in gross gambling turnover share in the country during the 2016-2018 period. The upward trend is set to continue through 2023 at a growth rate of 7 percent. <\/p>\n<p>During the two-day ICE event, BOSS Gaming will set up a stand to enable visitors to explore BOSS platforms such as <strong>AGames, SIMPLE BET, SIMPLE GAMES<\/strong>, as well as the firm\u2019s Affiliates Platform.<\/p>\n<h2>BOSS Background<\/h2>\n<p><a href=\"https:\/\/bossgs.com\">BOSS<\/a> has been providing top of the line land-based and online gaming solutions for years. It is an independent world-class software developer offering a wide array of gaming products which include sportsbook and betting services, gaming platforms, affiliate system, land based casino software, own online casino slots, payment solutions, as well as White label solutions.<\/p>\n<p>The company also provides consulting services to its clients and offers support in getting licenses, managing online casinos and developing strategies. It assists clients in the technical and operational aspect of their business and helps them get desired results.<\/p>\n<p>Though the <a href=\"https:\/\/www.top10casinowebsites.net\/news\/south-africas-casino-industry-to-get-more-stringent-gambling-laws\/\">gambling industry has faced numerous challenges in Africa<\/a>, the sector has done well and contributes to the country\u2019s economic growth by creating jobs for locals and generating significant taxes for the government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The future of South Africa\u2019s gambling sector looks bright as recent figures show the country\u2019s gross gambling revenue (GGR) is set to exceed R35 billion (\u00a31.85 billion) in 2021. This represents a 5.1 percent compound annual increase. PricewaterhouseCoopers is also predicting gambling levies and taxes will rise to R3.5 billion in 2021, at a 5.2 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,13],"tags":[],"class_list":["post-3956","post","type-post","status-publish","format-standard","hentry","category-general","category-industry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ICE Africa To Discuss Issues Facing South Africa\u2019s Gambling Industry<\/title>\n<meta name=\"description\" content=\"The future of South Africa\u2019s gambling sector looks bright, however, the industry has bee warned that slow economic growth may become a stumbling block\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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