IGABroker is pleased to present this investment opportunity on behalf of an established, multi-channel sports betting and gaming operator with a proven track record across Sub-Saharan Africa. The business is fully licensed in 4 jurisdictions, operates under a single unified brand, and has built a diversified revenue model across retail, online, and physical slots - a structure that is rare in African iGaming and highly defensible against single-channel risk.
The retail network comprises 475+ betting shops operating under both corporate and franchise models, positioning the business as the largest retail operator in one of its core markets and the second-largest in another. The franchise structure is a key commercial differentiator: it enables rapid geographic expansion with significantly lower capital deployment compared to fully owned rollouts, while maintaining consistent brand standards and compliance oversight across all locations.
The online channel is a high-growth segment, with 4,000+ active players and 300% year-on-year growth. The platform supports multi-currency transactions including cryptocurrency, and the operator holds recognition as Africa's first Premier Crypto Gaming site - a distinction that positions the brand ahead of the market in a region where crypto adoption is accelerating rapidly. The platform is integrated with 15+ tier-1 content and technology providers, covering sports betting and a full iGaming product suite.
The third revenue stream is a physical slot machine network, currently comprising 75 machines placed in partner venues, with a clear expansion pathway built into the capital deployment plan.
The 2024 financial performance reported revenues exceeding €2.5M and EBITDA of €250,000+. The five-year projections, supported by the €3M capital raise, target total wager volume growth from €24M in 2024 to €428M in 2028, with EBITDA expanding from €256,000 to €24.7M over the same period. The retail network is projected to grow from 475 to 849 locations, and the slot estate from 75 to 1,125 machines.
The €3,000,000 capital raise is structured with a clear use of funds: €1,000,000 allocated to marketing and player acquisition, €500,000 to corporate infrastructure, €500,000 to the acquisition of 300 slot machines for placement in high-end venues, €500,000 for entry into 2 new African markets, and €500,000 to strengthen operations across existing territories.
The management team brings 30+ years of combined industry experience across the African iGaming and sports betting sector, providing the operational depth and regulatory relationships required to execute the expansion roadmap. All licences, contracts, and operational infrastructure are in place and active.
This is a mandated instruction. IGABroker acts exclusively on behalf of the operator. Full financial documentation, jurisdiction details, and investor materials are available to qualified investors under mutual NDA.
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