Betway Named As New Psl Sponsor

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betway named as new psl sponsor

Premier Soccer League (PSL) Chairman Irvin Khoza has announced Betway as the new sponsor of South Africas Premiership League.

This comes after DStv withdrew from its sponsorship deal a year before its conclusion.

DStv replaced 13-year sponsor ABSA when the cable television company, also the PSLs official broadcaster, signed a five-year deal in September 2020.

Revenue loss, caused mainly by a sharp decline in subscriptions, forced DStv to abandon its Premiership sponsorship.

Betway says this is the single biggest investment in South African Sport worth about R900 million over three years.