Olusegun Taiye James
In spite of the fact that it is difficult to produce a clear, real-time ranking of the “Top 10 Richest Betting Companies in Africa” for the year 2025 with specific revenue statistics, we are able to identify the major competitors based on their market presence, brand recognition, reported activities, and available industry insights. The betting market in Africa is dynamic and it is witnessing tremendous expansion. This growth is being driven by the increasing adoption of mobile devices and the young population in the continent.
List Of Top 10 Richest Betting Companies In Africa 2025
1. Bet9ja
Since it was first introduced on September 10, 2013, Bet9ja has firmly established itself as a top platform in the competitive and ever-changing scene of online sports betting in Nigeria. Bet9ja, which was initially a fledgling business and was founded by Kunle Soname, a Nigerian entrepreneur, has become a household name, considerably influencing the way in which Nigerians interact with sports and gaming. Ayo Ojuroye, who is also the current CEO, has also joined the company as a prominent player.
2. Betway
Betway, which began operations in 2006, has developed from a relatively young entrant into a worldwide recognized and respected online betting and gaming operator by the year 2025. Betway has established its position as a market leader by acquiring a wide range of regulated markets throughout Europe, the Americas, and Africa. This has been accomplished through a combination of broad product offerings, strategic sponsorships, and a persistent effort to improve the user experience. Betway, which falls under the ownership of Super Group, a prominent iGaming company that also includes Spin, a multi-brand online casino, operates under licenses in a number of different jurisdictions, which demonstrates its dedication to complying with regulatory requirements.
3. SportPesa
In 2014, SportPesa was established, and it swiftly climbed to prominence as a prominent participant in the field of online sports betting in Africa. The brand first concentrated on the Kenyan market, but it eventually expanded its operations to Tanzania and South Africa. As a result, it became a household name that was linked with high-profile sponsorships and a wide variety of betting chances. SportPesa has shown that it is resilient and continues to operate in important African markets in 2025, despite the fact that it has gone through phases of substantial growth and subsequent market exits.
4. NairaBet
NairaBet is a platform that was established in 2009 and enjoys the distinction of being one of the early online sports betting platforms in Nigeria. NairaBet, which was established by Akin Alabi, a Nigerian entrepreneur who later became a politician, swiftly and successfully carved out a considerable position for itself in the rapidly expanding Nigerian betting market. NairaBet continues to be a platform that is recognized and utilized in 2025, despite the fact that the landscape has become increasingly competitive. This demonstrates the platform’s capacity to adapt and maintain its attractiveness over time.
5. BetKing
In 2018, BetKing made its debut on the Nigerian sports betting scene. Since then, the company has rapidly expanded into a serious contender, competing for the top spot in a market market that is extremely competitive. BetKing was formed by Byron Petzer and Adekunle Adeniji, and it swiftly went on to become a prominent player in the market. This was accomplished by providing a platform that was simple to use, offering a wide variety of betting possibilities, and having a clear goal of being a “Kingmaker” in the business. From the year 2025 onward, the brand, which is currently supported by a substantial investment, will continue its efforts to dominate the betting environment in Nigeria and throughout Africa.
6. Sportingbet
Sportingbet has been a part of the online gaming market for a very long time, having been established in 1997 across the world. The British operator was initially established by Mark Blandford, and subsequent to its transformation into a publicly traded business on the London Stock Exchange, it was bought by Entain plc (formerly known as GVC Holdings) in the year 2013. As an integral part of this significant iGaming firm, which also includes brands such as Ladbrokes and Coral, Sportingbet has maintained a presence in a number of regulated markets, one of which is Nigeria.
7. BetPawa
In the highly competitive Nigerian online betting sector, BetPawa has established itself as a noteworthy competitor, and from its initial debut, it has carved out a specific place for itself. BetPawa Nigeria continues to draw a loyal customer base in the year 2025. The company is well-known for its user-friendly interface, its concentration on small stakes with the possibility for huge wins, and its rising presence across various African nations.
8. Premier Bet
Premier Bet has established itself as a big brand in the realm of online and retail sports betting throughout a number of African countries, including Nigeria. Premier Bet Nigeria’s goal is to serve a diverse range of Nigerian gamblers by providing a presence that encompasses both online betting platforms and traditional betting shops. The brand operates within the licensing and regulatory framework of Nigeria’s gambling authorities, despite the fact that exact ownership details for Premier Bet’s operations in Nigeria can be somewhat obscured due to the pan-African structure of the company.
9. 1xBet
Since its founding in Russia in 2007, 1xBet has expanded into a genuinely worldwide organization that specializes in online gaming and betting. With a presence that spans many continents, including a major foothold in Africa, 1xBet Nigeria is distinguished as one of the most well-known and widely utilized platforms in the competitive betting scene of the country in the year 2025.
10. SunBet
SunBet is positioned to have a huge effect in the Nigerian online betting market in 2025, despite the fact that it is a relatively young name in the gambling industry. In order to simplify its debut into this dynamic industry, SunBet has gained the essential licenses to operate in major Nigerian states and has forged strategic alliances. SunBet is supported by Sun International, a well-established South African gambling and hotel powerhouse.
