By SectorWire desk ·
The report said that Gaming Compliance International put African online gambling revenue at $23bn for 2025. The study attributed 77% to unregulated operators and 23% to licensed businesses.
The estimates show licensed operators receiving a minority of the region’s online gambling revenue.
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The findings identify illegal sports streams as an advertising channel for unregulated gambling, without quantifying customer recruitment or betting revenue.
GCI’s estimates highlight unregulated channels’ dominance of online World Cup stakes and their advertising presence on illegal streams.
The commissioned estimates place illegal-market revenue above the regulated online market.