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While many of the top players may reside in Europe or the US, the African continent is looking to share in a global market that pulled in over $1 billion in 2019.
It was reported that in 2018 that Nigeria, Kenya, and South Africa place bets totaling in excess of 40 billion USD. Historically, sports betting in Africa focused mainly on Soccer and horse racing. The acquisition of SUREBET coincides with a growing interest in North American football, basketball, and baseball.
TransAtlantic Capital Inc. (OTC Pink: TACI) is the first US company to acquire a gaming platform in East Africa. SUREBET, a Kenya licensed sports betting and lottery company is poised for growth in a country with 40 million Kenyans. The unique advantage Kenya has is mobile money transfer started long before Cashapp or PayPal. Kenya has a mobile market of 5 plus million daily gamers who average 20 USD in betting. TACI being the first public company to secure a footprint in East African Gaming gives an attractive opportunity for USA shareholders to participate in the financial growth of Africa.
Let’s hope so
Already did
Macquarie Research even speculates the market could reach $30 billion by 2030. In a report published Tuesday, Macquarie said that “the once disparate categories of online gaming, media, and sports are joining teams to create powerful partnerships that we believe will grow viewership, increase overall fan engagement, and drive significantly higher market values for all those connected”.
According to Morgan Stanley, 2025 will see a fast-growing $15 billion online gambling and sports betting market
As more and more gambling businesses partner up with media groups, Wall Street analysts said they expect the US gambling and betting industry to grow quickly over the next five to ten years. Breaking the walls between casino gambling, iGaming, sports betting, and daily fantasy sports, gambling companies have expanded their reach via media partnerships and combined offerings.
You think so?
Float should be very very low here
Billion $ ones
Yes lot of acquisitions lately
Yes I’m sure it can double or even triple with 50-60M volume
Hope it happens on volume
Most definitely yessss
$AURI Held at DTC 548,854,508
08/02/2021
$AURI Unrestricted 755,257,124
08/02/2021
$AURI Restricted 1,253,785,171
08/02/2021
$AURI Outstanding Shares 2,009,042,295
08/02/2021
$AURI Authorized Shares 3,000,000,000
08/02/2021
$AURI Market Cap 7,533,909 08/26/2021
52WK RANGE 0.001 - 0.0349
AVERAGE VOL (30D) 6,919,892
To set up next week
Green close would be good today here
Morning all!
I’m with you guys
Looks like it
Crypto stuff will bring a lot of eyes here soon
$$$ coming soon $$$
Still new here starred few months ago
You’re so confident
Let’s hope for some great crypto news soon
Fully in
That’s what I’m talking about
$AURI can definitely run huge with the right news and volume
Not bad, $NSAV with 6B+ ran over 0.10
So this is the next bouncer runner?
Crypto related, will run for sure
Sup here? Next one?