3 Reasons that fuel the betting craze in Kenya
With the rise of the betting industry, Kenya has become one of the African continent’s premier in the field of this lucrative business.
Betting, most notably sports betting, has become a norm with many Kenyan households. And though many Kenyans regular engage in different types of gambling, three major reasons illustrate why the betting business has been fueled so much in the nation.
The first important factor lies of course with the temptations that betting can offer. With large amounts of money at stake, which can be earned in just one night even without spending much, gambling has enthralled has received a lot of engagement from a wide range of demographics across the country.
As a matter of fact, with multiple Kenyans becoming instant millionaires, the betting business has boomed further, under the prospect that anyone, from anywhere, can become a millionaire at any time too!
Besides, failing silently and wasting money on betting is a lot more bearable for Kenyans than getting this publicly under a failed business.
The second factor dives into the current Kenyan society. With unemployment plaguing the growing young population, the young adults turn towards gambling as a means to counter the joblessness issue they’re currently facing.
And with an increasing number of makeshift casinos and small businesses, gambling is even made more accessible to the public.
The last reason, which also serves as a major catalyst, is the technological boom that’s happening alongside the prevalence of the gambling industry. With wider-access to a quality internet connection, people now have better ways to engage in free bets in Kenya, especially with sports betting.
And though there may be many more reasons why Kenya has ended up with a robust and thriving betting industry, these three sums everything up.
Want to find out more? Check out this infographic brought to you by Chezacash: