VeliTech, a turnkey iGaming technology provider, has officially launched in South Africa and is set to revolutionize the industry with its next-generation solutions and all-in-one platform.
This 2025 debut comes at a pivotal time, as South Africa’s iGaming market is experiencing extraordinary and exponential growth. According to data from Statista, the industry in South Africa 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.
“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,” said Petro Magos, VeliTech South Africa Regional Representative. “Our local knowledge ensures that every solution aligns with the technological and operational requirements of the South African market, driving exponential growth and allowing companies to innovate.”
VeliTech’s automated, machine-learning products address all local operator challenges, positioning them to benefit from a burgeoning betting industry. The 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 over 400 local Payment Service Providers, ensuring smooth, secure, and instant transactions. The system processes over 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 over 100,000 rewards weekly, making player engagement more dynamic and rewarding.
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 simplify 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.
VeliTech’s wide selection of services is further strengthened with comprehensive sports betting coverage, featuring over 100 sports, 2,500 markets, 30,000 live matches, and 50,000 pre-match events. The omnichannel compatibility ensures 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,” added 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. Partnerships with leading game developers like Evolution, Pragmatic Play, Spribe, Habanero, and others promise the best experiences for Mzansi players.
With customization, cross-platform compatibility, and multilingual interface support, operators can now enhance player experiences, streamline operations, and maximize profitability with ease.
VeliTech is on the path to empowering operators, elevating the gaming experience, and redefining the future of iGaming in Africa.
