BetPawa Exits Senegal Market Due to Taxes

In Senegal, the operator betPawa will exit the local market on September 22 due to high taxes and a monopoly on payment systems. The company stated that it is unable to compete with offshore operators under the current conditions and assured that all player funds will be fully refunded.

Reasons for BetPawa’s Exit from Senegal

The company pawaTech, licensor of the betPawa brand across Africa, noted that current market conditions in Senegal pose significant challenges for local operators. Key factors include:

• High taxes that make local operators uncompetitive.
• Payment system monopolies that limit access to convenient payment methods.
• Regulatory fees that significantly increase operational costs for local companies.

These conditions create an uneven playing field between local and offshore operators, making continued operations in the market unfeasible.

Impact on the Gambling Market

In other African countries with open payment systems and competitive taxes, local operators like betPawa contribute significantly to:

1. Industry growth in gambling.
2. Increased tax revenue for the government.
3. Job creation in the local market.

However, in Senegal, due to restrictions, most activity has shifted to offshore operators, reducing the positive impact licensed companies have on the economy and community.

Commitment to Customers

The company pawaTech and its local partners remain committed to transparent and responsible operations in the African market. Despite the closure in Senegal, all player funds will be fully refunded, ensuring customer security.

Step-by-Step Refund Process

Outlook for the Future

The company expressed hope that conditions in Senegal may improve in the future, allowing betPawa to return to the local market and continue making a positive impact on the economy and community.