African Gambling Elite – Marketplace

Nigeria

A National Online License issued from Abuja state and the NLRC authority. Around 4 years remaining and totally free of tax debt.
A motivated seller and a local partner and banking already in place.

Asking: $200,000 USD

Mozambique

A sportsbetting license for sale valid thru to 2023. 100% overseas ownership is possible and can be negotaiated.

Asking: $150,000 USD +

Tanzania

A Sportsbetting license available and in hand, valid thru 5th June 2022 but renwable at a cost of $30,000 USD plus due dilligence. Solid local partner in place, license has never been traded but is fully registered with the TRA and ready to give a fast market entry to Tanzania.

Asking: $100,000 USD + for 90%

Ethiopia

A Sportsbetting license that is 4 years old and has been traded with both retaill and online operations. Local shareholder is available (legal requirement) or a 100% equity sale is possible (but buyer will need a Ethiopian citizen to be the license holder). 

Asking: $100,000 USD + $30,000 USD Security Bond

Kenya

Sportsbetting license available without any KRA debt and with pre-integrated paybills (rare). Looking for a quick exit so the vendor will consider a heavily discounted exit with a quick closure time.

Asking: $75,000 USD 

Fees:
A brokering fee of  not less than 10% will be levied on all sales and acquisitons brokered by African Gambling Elite, unless otherwise agreed or negotiated. A retainer may also be requested in certain cases, on a case by case basis.

New Licnense Applications

The team at African Gambling Elite can secure a license in any of the below territories within Africa. These are countries where a license can be security swiftl;y and with trusted third parties, with the prices as accurate as possible, and excluding any fees charged to African Gambling Elite. 

Kenya – 6-8 Weeks – From $80,000 USD
Tanzania – 6 Weeks – From $70,000 USD
Ugnada – 13 Weeks – From $50,000 USD + $135,000 USD Security Bond
Zambia – 8 Weeks – From $60,000 USD
Ghana – 16 Weeks – From $150,000 USD
Nigeria (National online) – 26 Weeks – From $100,000 USD
Ethiopia – 6 Weeks – From $150,000 USD

Lotteries

African Gambling Elite has vast experience of helping clients, both governments and privater companies in setting up lotteries. These can be state run National Lotteries, private “numbers games” or Public Private partnerships.

African Gambling Elite will help with licensing and legislation, as well as platform and payment solutiions. Experience in the following countries:
Uganda
Ghana
Kenya
Tanzania 
Mozambique

This is just a sample of what African Gambling Elite can help you with in the African Gambling Marketplace, be it as an investor, a vendor or anything in between. No country is out of bounds, albeit we are far more experienced in certain countries. 

Please email keith@afgamelite.com for any information and to see where we can help.