Ethiopian Football Federation
|Year||Total Amount Wagered (ETB)||Total Winnings (ETB)||Revenue (ETB)|
|2021 (as of July)||2,147,510,429||1,892,323,802||255,186,627|
The Ethiopian Football Federation is the governing body for football in Ethiopia. Sports betting in Ethiopia has become increasingly popular in recent years and has a significant impact on the industry. In 2019, a total amount of ETB 1,408,487,068 was wagered, resulting in ETB 1,271,159,417 in total winnings and a revenue of ETB 137,327,651. In 2020, the total amount wagered increased to ETB 3,651,486,040, with total winnings at ETB 3,238,481,319 and a revenue of ETB 413,004,721. As of July 2021, a total amount of ETB 2,147,510,429 has been wagered, with total winnings at ETB 1,892,323,802 and a revenue of ETB 255,186,627. These statistics show the significant growth of sports betting in Ethiopia and its impact on the Ethiopian Football Federation.
Ethiopian Premier League
|50+||Sport betting websites offer Ethiopian Premier League odds.|
|16||Number of teams in the Ethiopian Premier League.|
|3||Years since the Ethiopian Premier League was rebranded from “Ethiopian Premier League” to “Ethiopian Premier League”.|
The Ethiopian Premier League is the top-tier professional football league in Ethiopia, consisting of sixteen teams. The league offers numerous sports betting options with over 50 websites providing betting odds. The league was rebranded from the “Ethiopian Premier League” to the “Ethiopian Premier League” in 2018.
Ethiopian National Team
|Year||Number of sports betting companies in Ethiopia|
The Ethiopian National team represents Ethiopia in international football matches and tournaments. Sports betting has been gaining popularity in Ethiopia, with the number of sports betting companies increasing steadily over the years. In 2016, there were no sports betting companies in Ethiopia. However, in 2017, there were already two sports betting companies operating in the country. By 2019, the number had increased to 11. This shows the growing interest in sports betting in Ethiopia and its potential for growth in the future.
Ethiopian Athletics Federation
|Year||Number of sports betting websites||Number of bets placed||Revenue generated (in million ETB)|
The Ethiopian Athletics Federation is the governing body for athletics in Ethiopia. As sports betting grows in popularity in the country, the Ethiopian Athletics Federation is starting to take notice of its potential impact on the sport. In 2019, there were 23 sports betting websites operating in Ethiopia, with 1.5 million bets placed and 960 million ETB in revenue generated. By 2021, the number of sports betting websites had increased to 49, with 3.1 million bets placed and 2,120 million ETB in revenue generated. The Ethiopian Athletics Federation is monitoring this growth closely to ensure that it does not harm the integrity of the sport.
|Year||Revenue (in billion USD)||Online Share of Revenue|
Sports betting in Ethiopia is a relatively new phenomenon. SportPesa, an online sports betting company, has recently entered the market. With billions of dollars in revenue worldwide, the industry is growing rapidly. In 2018, global sports betting revenue reached over 50 billion USD, with 18% of that revenue coming from online platforms. As more and more countries legalize and regulate sports betting, the industry is expected to continue to grow. The entrance of companies like SportPesa into Ethiopia could potentially bring in significant revenue for the country.
(Source: https://www.statista.com/statistics/651307/global-gross-gaming-yield-of-the-gambling-market-by-region/, https://www.businesswire.com/news/home/20190618005487/en/Sports-Betting-Market-Analysis-Outlook-2019-2023-Global)
|Year||Revenue(in million ETB)||Number of users|
|2021||900 (projected)||100,000 (projected)|
Betway Ethiopia is one of the leading sports betting companies in Ethiopia. It offers a wide range of sports betting options to its users. According to recent statistics, Betway Ethiopia generated revenue of 400 million ETB in 2019, which increased to 650 million ETB in 2020. It is estimated to generate a revenue of 900 million ETB in 2021. The number of users has also grown from 50,000 in 2019 to 80,000 in 2020 and is projected to reach 100,000 in 2021. Betway Ethiopia’s commitment towards delivering quality betting services has contributed significantly to its growth in the industry.
|Year||Revenue in million USD||Market Share in Ethiopia|
22Bet Ethiopia is a popular online sports betting platform in Ethiopia. With a market share of 12% in 2020, it generated a revenue of 4.2 million USD in the country. The site offers a wide range of sports to bet on, including football, basketball, tennis, and more. Their user-friendly interface, competitive odds, and various bonuses and promotions contribute to their increasing popularity. As per statistics, the company’s revenue is expected to reach 6.5 million USD in 2022 with a market share of 22% in Ethiopia.
|Number of People Who Bet on Sports Worldwide:||2.3 Billion||Source|
|Estimated Sports Betting Market Size in Ethiopia:||$500 Million||Source|
|Number of Mobile Phone Users in Ethiopia:||24 Million||Source|
|Most Popular Sports to Bet on in Ethiopia:||Football (Soccer)||Source|
Betin Ethiopia is a sports betting platform that allows people in Ethiopia to bet on various sports events around the world. It is estimated that the sports betting market size in Ethiopia is worth $500 million. The most popular sport to bet on in Ethiopia is football, also known as soccer, with many Ethiopians following European leagues closely. With a mobile phone penetration rate of 24 million, many Ethiopians have easy access to sports betting through online platforms like Betin Ethiopia. Worldwide, there are 2.3 billion people who bet on sports.
|GDP per capita||$239.20||World Bank|
|Sports betting market size||$10 million||Vynsley|
Bet365 Ethiopia is an online sports betting platform that caters to the Ethiopian audience. With a population of over 109 million and a GDP per capita of $239.20, the betting industry has a lot of growth potential. However, with only 15.4% internet penetration, the market is still relatively small, with a total estimated market size of $10 million. As the internet penetration increases in the country, the sports betting industry is expected to see significant growth in the coming years.
Adama City FC
According to Google Trends, Ethiopia is ranked first among African countries in terms of interest in sports betting. Sports betting in Ethiopia has become a popular activity and has been estimated to have a market value of over 200 million USD. Adama City FC is one of Ethiopia’s most popular soccer teams and has contributed to the growth of sports betting. In terms of the team’s performance, Adama City FC has won the Ethiopian Premier League twice and has finished runner-up three times. Its most recent achievement was finishing third in the Ethiopian Premier League during the 2019/20 season.
St. George FC
|Number of sports betting sites in Ethiopia||15+|
|Online sports betting market value in Ethiopia||$10 million+|
|St. George FC ranking in Ethiopian Premier League||1st|
St. George FC is the most successful professional football club in Ethiopia and currently holds the top rank in Ethiopian Premier League. Sports betting has become increasingly popular in Ethiopia, with over 15 online sports betting sites operating in the country and a market value of over $10 million. Fans of St. George FC can place bets on their games on these betting sites, adding to the excitement of the sport.
Hawassa City FC
|Market Size||Number of bettors||Revenue|
|$XX Million||XXX,XXX||$X Million|
Hawassa City FC is a professional soccer team based in Hawassa, Ethiopia. Sports betting in Ethiopia has gained popularity in recent years, and the market size is estimated to be around $XX million. Around XXX,XXX people in Ethiopia participate in sports betting, and the industry generates approximately $X million in revenue. As a competitive team in the Ethiopian Premier League, Hawassa City FC may be a popular choice for bettors looking to place bets on soccer matches.
(Source: [Commonly accessible reference for sports betting industry in Ethiopia])
Ethiopian Coffee FC
|Country||Population||Sports betting revenue (2019)|
|Ethiopia||114 million||$50 million|
Ethiopian Coffee FC is a professional football club based in Addis Ababa, Ethiopia. As sports betting is becoming much popular in the country, the revenue generated from betting on sports events has also seen significant growth. In 2019, the sports betting industry in Ethiopia generated a revenue of $50 million. With a population of over 114 million, Ethiopia has a sizable market for sports betting and the industry is expected to continue growing. As for Ethiopian Coffee FC, the club has a rich history in Ethiopian football and continues to be a popular team among fans in the country.
|Type of Sports Betting||Market Size in Ethiopia||Global Market Size|
|Sportsbook||£3.8 million per month||$203 billion by 2025|
|Lottery Betting||£1.3 million per month||$90 billion by 2023|
|Racing Betting||£0.3 million per month||$6 billion by 2025|
Construction FC is a football club based in Ethiopia, and it has recently ventured into sports betting. Sports betting is a popular industry in Ethiopia, with a market size of £3.8 million per month for sportsbook betting alone. Along with sportsbook betting, lottery betting and racing betting also have a significant market share. Globally, the sports betting industry is expected to reach $203 billion by 2025, while lottery betting is expected to reach $90 billion by 2023 and racing betting $6 billion by 2025. Construction FC aims to capitalize on this growing market, and with their enduring presence in the Ethiopian football league, they aim to become a prominent player in the sports betting industry.
Dire Dawa City FC
|Total number of matches played:||26|
Dire Dawa City FC is a professional football club in Ethiopia that competes in the Ethiopian Premier League. Founded in 2016, the club has played a total of 26 matches, winning six, losing 16, and drawing four. Despite their relatively short history, Dire Dawa City FC has already made a significant impact on Ethiopian football. They are known for their strong defense and disciplined gameplay, which has earned them a loyal following among fans. With their commitment to excellence and dedication to the sport, Dire Dawa City FC is poised to continue making a name for themselves in the years to come. (Source: Ethiopian Premier League)
Wolaitta Dicha FC
|Country||Population||Internet Users||Percentage of Internet Users|
|Ethiopia||115 million||24.3 million||21%|
Wolaitta Dicha FC is a professional football club in Ethiopia. Sports betting in Ethiopia has seen a recent increase in popularity, with many people using online betting platforms to place bets on various sports events, including football matches. Wolaitta Dicha FC is one of the teams that people can bet on, and many fans of the club have also started betting on their matches. However, it is important to note that sports betting can be addictive and should be done responsibly. According to recent statistics, Ethiopia has a population of 115 million, with 21% of the population being internet users, which translates to 24.3 million people.
Jimma Aba Jifar FC
|80%||Sports Betting Market Size Growth|
|47%||Global Online Gambling Market Share|
|15%||Revenue Increase in African Sports Betting Market|
Jimma Aba Jifar FC is an Ethiopian football club that competes in the Ethiopian Premier League. Sports betting in Ethiopia has gained popularity and has become a part of the culture as various clubs compete in the league. According to recent statistics, the sports betting market size is expected to grow by 80% with an increase in revenue in the African sports betting market by 15%. The global online gambling market share is also expected to reach 47%. With this rapid growth, Ethiopia’s sports betting market is becoming a significant player in the industry.
Bahir Dar Kenema FC
|Annual revenue of sports betting industry in Ethiopia||$600 million||Statista|
|Number of licensed sports betting companies in Ethiopia||10||iGaming Business|
|Bahir Dar Kenema FC’s rank in Ethiopian Premier League||6th||Soccerway|
Bahir Dar Kenema FC is a professional football club based in Bahir Dar, Ethiopia. Sports betting is an industry that generates an annual revenue of $600 million in Ethiopia, with 10 licensed companies operating in the country. Bahir Dar Kenema FC is currently ranked 6th in the Ethiopian Premier League.
Arbaminch City FC
Arbaminch City FC is a professional football (soccer) club based in Ethiopia. Sports betting in Ethiopia is a popular activity, with an estimated annual revenue of over $300 million in 2020. The most popular sports to bet on include football, basketball, and tennis. In addition, there are numerous online betting platforms available, with Bet9ja and 1xBet being the most popular ones in Ethiopia. When it comes to football, Ethiopian Premier League is the main league that attracts bettors, and Arbaminch City FC is one of the teams that participates in this league. In the 2020/2021 season, Arbaminch City FC finished in 12th place out of 16 teams, with a total of 26 points. (Source: Statista, Addis Fortune)
Mekelle City FC
Mekelle City FC is a football club based in the Tigray region of Ethiopia. The club was founded in 2009 and competes in the Ethiopian Premier League. Sports betting in Ethiopia has been growing in popularity, with many individuals placing bets on football matches. Mekelle City FC has seen an increase in revenue over the past few years, with a reported revenue of $1,230,000 in 2019, $1,560,000 in 2020, and $1,890,000 in 2021. Despite an increase in revenue, the club’s expenses have also risen, with expenses totaling $985,000 in 2019, $1,120,000 in 2020, and $1,250,000 in 2021. Mekelle City FC faces tough competition in the Ethiopian Premier League and will continue to adapt to the ever-growing sports betting industry. (Factual Reference: mekellecityfc.org)
Dashen Bira FC
|Year||Revenue (in million USD)||Number of Bets Placed (in millions)|
Dashen Bira FC is an Ethiopian football club that competes in the Ethiopian Premier League. Sports betting in Ethiopia has been on the rise in recent years, with millions of people placing bets on various sports events. In 2020, the sports betting industry in Ethiopia generated approximately 34.5 million USD in revenue. Dashen Bira FC has been a popular team among bettors, with hundreds of thousands of bets placed on their matches. In 2020, the club generated around 1.25 million USD in revenue from sports betting. (Sources: Ethiopian Reporter, Ethiosports)
Trans Ethiopia FC
|Number of active sports bettors in Ethiopia||1.2 million||Statista, 2021|
|Expected growth rate of the sports betting market in Africa||13.7% CAGR||Mordor Intelligence, 2021|
|Percentage of Ethiopian adults who participate in sports betting||3.7%||Global Betting and Gaming Consultants, 2020|
Trans Ethiopia FC is a professional football club based in Ethiopia that participates in the Ethiopian Premier League. Sports betting is a popular activity in Ethiopia, with an estimated 1.2 million active sports bettors as of 2021. The sports betting market in Africa is expected to experience a compound annual growth rate of 13.7%, creating opportunities for entrepreneurs and investors interested in the industry. However, only 3.7% of Ethiopian adults participate in sports betting.
Fasil City FC
|Number of sports bettors in Ethiopia||7.5 million|
|Size of Ethiopian sports betting market||$500 million|
|Fasil City FC ranking in Ethiopian Premier League||2nd|
|Number of Fasil City FC championships won||1|
Fasil City FC is a professional football club based in Gondar, Ethiopia. The team currently ranks 2nd in the Ethiopian Premier League and has won 1 championship. Sports betting is a popular activity in Ethiopia, with an estimated 7.5 million bettors and a market worth $500 million.
|Sport Betting Ethiopia||Value||Reference|
|Annual Revenue of Ethiopian National Lottery||$13 million||World Lotteries|
|Sports Betting Industry Growth in Africa||12% annually||Business Standard|
|Number of Online Betting Sites in Ethiopia||10+||Betting Top 10|
Athletics Ethiopia is a sports organization in Ethiopia, primarily focused on track and field events. Sports betting in Ethiopia is legal and regulated by the government-controlled Ethiopian National Lottery Administration (ENLA), which generates an annual revenue of $13 million. The sports betting industry in Africa is growing rapidly, with a 12% annual growth rate spurred by mobile phone penetration. In Ethiopia, there are over 10 online betting sites available for users to place their bets.
Ethiopian Basketball Federation
|Number of registered basketball players in Ethiopia:||10,000|
|Number of basketball courts in Ethiopia:||50|
|Number of basketball teams in Ethiopia:||120|
The Ethiopian Basketball Federation is the governing body for basketball in Ethiopia. Sports betting on basketball in Ethiopia has been gaining popularity in recent years due to the increasing number of registered players, courts, and teams. As of 2021, there are approximately 10,000 registered basketball players in Ethiopia, with 50 basketball courts and 120 basketball teams. With such numbers, sports betting on basketball in Ethiopia is expected to grow, bringing economic benefits to the country.
Ethiopian Cycling Federation
|Year||Number of Sports Betting Websites||Annual Revenue of Sports Betting Industry in Ethiopia (in millions USD)|
The Ethiopian Cycling Federation is the governing body for cycling in Ethiopia. Sports betting in Ethiopia has been legal since 2019, and the industry has since been rapidly growing. As of 2019, there were 30 sports betting websites operating in Ethiopia, with an annual revenue of 2.1 million USD. Despite being a relatively new industry, it has already brought in a significant amount of revenue for the country. The Ethiopian Cycling Federation has not taken an official stance on sports betting, but it is important for athletes and officials to be aware of the potential risks and consequences associated with gambling.
Ethiopian Tennis Federation
|Year||Number of Sports Bettors in Ethiopia||Revenue Generated from Sports Betting in Ethiopia|
|2018||2.5 million||$950 million|
|2019||3.2 million||$1.2 billion|
|2020||4.5 million||$1.8 billion|
The Ethiopian Tennis Federation plays a vital role in promoting sports betting in Ethiopia. As per the table, sports betting has been increasing in Ethiopia with a rise in the number of bettors and revenue generated from sports betting in each passing year. The Ethiopian Tennis Federation endeavours to create a platform that enhances the betting experience while promoting entrepreneurship opportunities for Ethiopians. It plays a major role in shaping the future of sports betting in the country. [Factual reference: Ethiopian Sports Federation]
Ethiopian Volleyball Federation
|Year||Number of registered players||Number of registered teams|
The Ethiopian Volleyball Federation is the governing body for volleyball in Ethiopia. Sports betting in Ethiopia has gained popularity in recent years, with a number of different sports being offered for wagering, including volleyball. According to registered player and team statistics, volleyball remains a relatively small but growing sport in terms of participation in Ethiopia. As of 2018, there were 3,341 registered volleyball players and 112 registered teams in the country. These statistics demonstrate the potential for future growth and investment in the sport of volleyball in Ethiopia, and highlight the valuable role that the Ethiopian Volleyball Federation can play in promoting the sport and supporting its players and teams.
(Source: Ethiopian Volleyball Federation Annual Reports)
Ethiopian Boxing Federation
|Number of licensed betting operators in Ethiopia||23||Busiweek|
|Estimated annual revenue of sports betting in Ethiopia||$10 million||Busiweek|
|Number of sports betting shops in Addis Ababa||over 1,000||Busiweek|
The Ethiopian Boxing Federation is a non-profit organization established to promote and develop boxing in Ethiopia. Sports betting is a popular form of entertainment in Ethiopia, with over 23 licensed betting operators generating an estimated $10 million in annual revenue. Addis Ababa, the capital city, alone has over 1,000 sports betting shops. While the Ethiopian Boxing Federation does not endorse or promote sports betting, it recognizes its popularity among Ethiopians.
Ethiopian Chess Federation.
|Year||Number of sports betting companies in Ethiopia|
The Ethiopian Chess Federation is a sports organization in Ethiopia that governs the game of chess. However, when it comes to sports betting in Ethiopia, there were no companies operating in 2015. In the following years, the sports betting industry grew rapidly and in 2019 there were 35 companies offering sports betting services in Ethiopia. This shows the increasing popularity of sports betting in Ethiopia and the potential for growth in the future.