Now, nothing holds you back. We then look for modest improvements thereafter as economic conditions stabilise and operators such as Sun International and Tsogo Sun expand certain of their properties. Of the three countries included in the analysis, South Africa has the largest overall gambling market. In 2015 annual gross-gaming yield for the online bingo industry from UK customers along £128.64 million, or 3% of the entire online gambling market share. A derivative work was created by turning the popular film into a video game. Gauteng was the leading province in gross casino gambling revenues in 2014 at R7.2 billion, up 2.4% from R7 billion in 2013. Pietro Calicchio, Gambling Industry Leader for PwC South Africa, says: “Overall, the South African gambling industry continues to remain a vibrant and exciting sector, but is facing significant challenges, in particular a slowing economic climate and changes in regulation. 8, p 18. Start by clicking here, Dentons achieves top rankings in Legal 500 Asia Pacific 2020. Attorney Advertising. 10. In the future this, combined with high data costs, could be a constraining factor given the international shift to mobile platforms. Newzoo, p 6. Delon Tarentaal, a lecturer of Economics at Rhodes University and a researcher at the South African Cultural Observatory, which is funded by the Department of Arts and Culture. Blockchain and Distributed Ledger Technology, Smart Cities & Connected Communities Initiative and Think Tank, Transformative Technology and Data Strategy, US Telephone Consumer Protection Act (TCPA), Polycentric™: Leveraging our diversity for your competitive advantage, Connecting you to talented lawyers around the globe, South Africa Newsletter - January Edition. The rapid evolution of gaming has seen drastic changes to business models, gaming platforms, game mechanics, marketing and game content4. Native American Law and Policy (United States), Pensions, Benefits and Executive Compensation, Venture Technology and Emerging Growth Companies, White Collar and Government Investigations.

In order to protect its ever-increasing capital investment, it would not make commercial sense for developers not to take active steps to legally protect their IP from competitors or pirates. In South Africa, gross casino gambling revenues totaled R17.2 billion in 2014 compared with R497 million in Nigeria and R218 million in Kenya. In South Africa: According to PwC, in 2014 the total video game market in South Africa was at R2.62 billion, which will increase to R3.61 billion by 2019. Laptops. In Kenya, growth will remain relatively stable during the next five years compared with the increase in 2014. The South African gambling industry – including casinos, sports betting, the National Lottery, limited payout machines and bingo – achieved gross gambling revenue of R26.3bn in 2016. Please see www.pwc.com/structure for further details. Social and casual gaming is … With 64 practice rankings, Dentons continues to be highly ranked by leading legal publisher Legal 500 in the Asia Pacific region. In addition, increasing competition from legal online gambling and from a new national lottery may also have contributed to the slowdown for the 13 licensed casinos. View Trends, Analysis and Statistics. The publication focuses on segments within the gambling industry with detailed forecasts and analysis. 6. This demonstrates how video game companies have forged new ways of engaging and entertaining consumers while simultaneously creating improved business models to suit the ever-changing digital age. In 2018, the global gaming industry consisted of 2.3 billion consumers, who spent nearly US$ 138 billion on games.

It is estimated that the turnover for the gaming and animation industry (that is, companies based in South Africa who develop video games or offer animation services) in the 2017/2018 financial year was R476m. To understand the size, international growth potential of the local market, and to identify challenges and opportunities, the Department of Arts and Culture commissioned the South African Cultural Observatory to produce a study of the sector.

The growth is partly because of the rise of mobile gaming via smartphones which has meant that many more South Africans can afford to play. The publication focuses on segments within the gambling industry with detailed forecasts and analysis. Learn more about our Asia Pacific capabilities, Learn more about our Australasia capabilities, Learn more about our Central and Eastern Europe capabilities, Learn more about our Central Asia capabilities, Learn more about our Latin America and the Caribbean capabilities, Learn more about our Middle East capabilities, Learn more about our Russia, CIS and the Caucasus capabilities, Learn more about our United Kingdom capabilities, Learn more about our United States capabilities, At Dentons, we bring together top tier talent found at the intersection of geography, industry knowledge and substantive legal expertise. While useful for development, the F2P business model means that only those who can afford to have periods of no, or low, income can afford to work in the industry. This too is driving the popularity of online gaming.

Dentons launches Market Insights publication: “Digital Transformation and the Digital Consumer”. “Copyright” has not been defined in the Copyright Act, No. If you need oversight of the latest local government announcements or a comparison guide to the regulations that apply to your employees across markets, we are here to help you. However, competition from electronic bingo terminals is likely to lead to slower LPM growth over the forecast period. PwC has released its fourth annual edition on the gaming industry entitled ‘Taking the odds: Gambling outlook for 2015 - 2019 (South Africa – Nigeria – Kenya)’.

However, betting on sports events has been driving the market, accounting for 75% of the increase over the past five years. The biggest challenge the gaming industry faces is primarily its laws and regulations. In this business model, game developers release early versions of their game that users can play at no cost, in exchange for user feedback that aids development. A deep dive into Maldraxxus, the defenders of Death. On 31 October 2015, the Department of Trade and Industry gave notice of intention to increase the set number of maximum casino licences that may be granted throughout South Africa from 40 to 41. The gaming industry already holds key market positions in capturing and entertaining a wider consumer audience than most traditional media companies. No. The casino market was not harmed by the recent terror attacks or the Ebola outbreak that hit the country in July 2014. Online games are also being used to test and develop artificial intelligence (AI) programs that could be put to more serious uses in the future.

“We anticipate slower economic growth to lead to slower growth in gross casino gambling revenues in South Africa and Nigeria, while Kenya’s casinos will face increasing competition from legal online and mobile gambling.”. Sports betting is projected to rise at a 12.5% compound annual rate to R2.9 billion in 2019. Although growth will be substantially lower than during the past five years, Nigeria is expected to continue to expand at a faster rate than either Kenya or South Africa. The video game industry will continue to push the boundaries of how society interacts with IP and its laws. 2.Newzoo (see note 1 above), p 6. The commercial risks faced by the gaming industry have led to a significant need for IP protection. All rights reserved. In this hub you will find our latest global legal news as well as guidance on how to progress a digital strategy at this time; quick pivots you might like to consider; how to scenario plan for the months ahead; the importance of taking time out to reflect on your leadership skills and guidance on supply chain resilience issues and environment, social & governance performance opportunities. The Dentons US Public Policy Team is pleased to release its annual Policy Scan, our comprehensive overview of the policy and political landscape in 2020. Each segment details the key trends observed as well as key challenges and future prospects. A copyright, however, is not eternal. Dentons is a global legal practice providing client services worldwide through its member firms and affiliates. Firstly, most people who work in it are white men. Even similar game ideas may be expressed in various ways within copyright. It is not necessary to register copyright over a developer’s creative work; however, it is highly advisable to do so in order to enforce ownership should a dispute and/or subsequent litigation arise over such work. OMEN Gaming Family. Kenya, like Nigeria, has been troubled with terrorism, which has hurt the tourism industry. Get real time updates on the Gaming Industry with the latest reports, critical insights and stats from official sources. “In the three market regions as a whole, gross casino gambling revenues will total an estimated R19.9 billion (USD1.8 billion) in 2019, a 2% compound annual increase on the R18 billion (USD1.7 billion) in 2014.”, COVID-19: South African Government Resource Portal, Senior Manager, Media Relations, PwC South Africa. Amazon announces its own cloud gaming service called Luna. Write an article and join a growing community of more than 113,700 academics and researchers from 3,707 institutions. Each derivative work has its own copyright, and any material in a derivative work that is not confined to the underlying work is also copyrightable as new work. With respect to Kenya, figures are derived and extrapolated from casino taxes.

These are some of the highlights from PwC’s fourth annual edition on the gaming industry entitled ‘Taking the odds: Gambling outlook for 2015 - 2019 (South Africa – Nigeria – Kenya)’. In 2015, it is anticipated that the absence of wagering related to the FIFA World Cup will have an adverse effect on the market.