The recent news from 10bet, that they will be launching in Tanzania and Kenya, is great news for betting and online casino enthusiasts, but it also means much more than that.
The fact that a big company like 10bet, which is one of the biggest companies in the betting and online casino industry has decided to venture into South Africa is great news, and it’s certainly something that is going to have an impact going forward.
In this article, we will be discussing why the new news about 10bet ‘s new venture in South Africa is not only great for the inhabitants of said countries, but It also may show much more about how the rest of the world views South Africa.
More Connected Than Ever
Perhaps one of the main takeaways that can be seen from the launch of 10bet Tanzania and Kenya is just how far certain areas have progressed in relation to technology.
Sure, there are still very deprived areas in both of said countries, but there is also a plethora of areas which are relatively modern and developed, with the vast number of inhabitants having access to common luxuries such as the internet and phones.
This means that it now can be considered a good business decision to open online services in Kenya and Tanzania, which can be shown by 10bets recent announcement.
Previously, the people of the aforementioned locations would have extremely limited options when it comes to browsing the web, as very few businesses deem it a good financial decision to open up shop within said countries.
However, after 10bets recent move, we will more than likely see a plethora of businesses follow suit, now knowing that there is a large number of people within Kenya and Tanzania that have access to the internet and therefore make for a good financial move.
This is great news for the people of Kenya and Tanzania, as they are among some of the countries that have select locations that are technologically advanced, and they are more than capable of accessing the internet and are in dire need of entertainment services.
Higher Expendable Income
One of the main contributing factors that determines whether or not it is worth a business opening up in a location is if the residents of said location have access to expendable income, allowing them to buy products or services from said business.
With the launch of 10bet Kenya and Tanzania, this now shows that the public conception of South Africa is changing, and businesses are now seeing it as a profitable venture to open in said countries.
Like we mentioned before, there is a massive gap in the market in Kenya and Tanzania for businesses to come and fill the online space, and now we may just be seeing the start of that process.
Not only is this great news for the people of Kenya and Tanzania, but it is also amazing news for businesses, since Kenya and Tanzania are relatively untapped and have great potential, making for a mutually beneficial change.
Around 60% of the global population has access to the internet now, and this in turn, means that it is more than likely that the areas in which have this internet access also have expendable income to be spending on tech. Furthermore, Tanzania and Kenya are certainly no exception to this.
It is true that there are poorer locations within the aforementioned countries, but there are also a multitude of areas which have residents who have excess income, meaning that these areas would make for a great place for businesses to start opening up to.
To sum up, 10bets recent announcement that they will be launching their services in select countries in South Africa goes to show that the view on how
the world sees countries like Kenya and Tanzania are beginning to change.
Sure, there are certainly some poorer areas in the south of Africa, but there are also a plethora of locations which are relatively modern, although even for people who live in modern areas, they miss out on many of the amenities other people enjoy around the world.
However, 10bets recent move may be a step toward changing that, and it may encourage other companies to follow suit.
Whether you are a betting and online casino enthusiast or not, it’s undeniable that 10bets new move is a great positive for South Africa.