The new study has discovered that Malawi is among the emerging gambling markets in Sub-Sahara Africa (SSA).

Meanwhile, the local market has witnessed a growth in gambling at betting levels as well as the casino industry.

According to the study, gross gambling yield is reported in Malawi and South Africa, representing emerging and mature markets, respectively.

The study allowed Regulation of Gambling in Sub-Saharan Africa: findings from a comparative policy analysis found that gambling is legally regulated in 41 of 49 (83.6%) SSA countries and prohibited in 7.

Out of the 41 countries that regulate gambling, 25 had dedicated regulators and 16 countries regulated through government departments.

Malawi and South Africa are the two that have being engaging in regulatory reporting dating 2013 and 2001 respectively.

Only 2 of the 41 countries have published annual reports continuously since the formation of regulatory bodies.