1. Market Potential
- Western Cape retains its advantage of a high internet penetration rate and a growing domestic player base for online gambling.
2. Regulatory Considerations
- The National Gambling Board (NGB) offer a clear regulatory framework for online gambling operations.
3. Cost Advantages
- Licensing fees and ongoing regulatory costs may still be lower compared to some established international jurisdictions.
4. Limitations to Consider
- A Western Cape license likely remains unrecognized by many countries and financial institutions, potentially restricting your target market.
- The South African online gambling market is still evolving, with the potential for future regulatory changes that could impact operations.
- As the South African market grows, competition from established international operators may increase.
Get in touch with us to learn more about heaving a gaming license in Western Cape