STAFF REPORTER
Petro Magos, VeliTech Regional Representative believes SA is leading iGaming continental charge.
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VeliTech, a leading turnkey iGaming technology provider, has launched in South Africa and is poised to disrupt the industry with its next-generation solutions and all-in-one platform. This 2025 arrival comes at a crucial time when South Africa’s iGaming market is experiencing extraordinary and exponential growth. Data research by Statista reveals that the industry is projected to reach US$ 431 million this year, with an estimated annual revenue growth of 4.71%, soaring to US$ 518 million by 2029.
Armed with an ultra-modern, broad portfolio of solutions and backed by a reputation of driving success in emerging markets, this kind of offering will bolster South Africa’s current operator services to be on par with the rest of the digital world, setting a bold new standard and benchmark for efficiency, player engagement, and market expansion.
“South Africa is on the brink of an iGaming metamorphosis, and VeliTech is here to fuel the momentum. With world-class, tech-driven solutions, operators will be able to scale rapidly and offer unparalleled gaming experiences. Our local knowledge ensures that every solution aligns with the technological and operational requirements of the South African market, driving exponential growth allowing companies to innovate,” said VeliTech South Africa Regional Representative, Petro Magos.
The automated, machine-learning products of VeliTech address all local operator challenges, positioning them to benefit from a burgeoning betting industry. This cutting-edge ecosystem is designed to equip operators with seamless market entry by adopting flexible, adaptable, and scalable growth solutions. At the forefront of its offerings is a robust payment gateway that integrates with more than 400 local Payment Service Providers, ensuring smooth, secure, and instant transactions. The system processes more than 8,000 daily transfers, providing seamless wallet integration that supports cryptocurrency transactions and allows for both automated and manual withdrawals. Operators can also leverage a multi-currency bonus engine, which delivers more than 100 000 rewards weekly, making player engagement more dynamic and rewarding.
South Africa’s iGaming industry is set to reach US$ 431 million in 2025, marking a period of rapid expansion. VeliTech has entered the SA Market, bringing world-class, tech-driven solutions that enable greater efficiency, engagement, and market growth. VeliTech is set to bolster SA’s current operator services to be on par with the rest of the digital world.
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Beyond payments, VeliTech equips operators with data-driven decision-making tools, including 360-degree player insights and real-time analytics, allowing businesses to make smarter, faster strategic moves. Its advanced Player Account Management (PAM) system and no-code CRM simplifies player engagement and retention, ensuring operators can optimize customer relationships without technical expertise.
With game aggregation capabilities, operators can now gain access to an expansive selection of gaming content, effortlessly diversifying their offerings. For those managing both physical and digital gaming operations, the omnichannel solution ensures operations across multiple platforms.
Their wide selection of services is further strengthened with comprehensive sports betting coverage, featuring more than 100 sports, 2 500 markets, 30 000 live matches and 50 000 pre-match events. What’s more is the omnichannel compatibility will ensure real-time experiences across desktop, mobile, retail, and POS/terminals, allowing operators to reach players wherever they are. Its Provably Fair Technology also guarantees transparency and fair gaming outcomes.
“This cutting-edge technology provides a robust foundation that enables speed to market for companies, and the ability to remain agile in an ever-changing landscape. It creates a competitive edge for companies wanting to grow in emerging markets and boost player engagement,” said Magos.
Transforming the Future of iGaming in Africa
The expansion of VeliTech into South Africa underscores its commitment to driving technological advancements in the iGaming industry. Having partnered with leading game developers like Evolution, Pragmatic Play, Spribe, Habanero, and others promises the best of the best experiences for Mzansi players.
With customisation, cross-platform compatibility, and multilingual interface support, operators can now enhance player experiences, streamline operations, and maximise profitability with ease. The timing of VeliTech’s arrival in South Africa coincides with the prestigious Sigma Africa Conference taking place in Cape Town between 10-12 March 2025, with VeliTech being shortlisted for the Best Platform Award 2025.