PowerBet was once a recognizable name in Ethiopia’s online betting industry, offering sports wagering, casino games, and virtual entertainment. However, recent regulatory changes have raised questions about the platform’s future. Players searching for information about Power Bet Ethiopia are increasingly interested in one question: Is the casino still operational in 2026?
Although the brand previously maintained an active presence in the Ethiopian market, its current operational status remains uncertain. The country’s nationwide betting restrictions have significantly affected local operators, including established gambling platforms.
What Happened to PowerBet Ethiopia?
PowerBet Ethiopia established itself as a betting brand offering various gambling products, including sports betting, virtual football, Keno, crash games, and casino entertainment.
The company, reportedly founded in 2021, operated from Addis Ababa and promoted its services across different Ethiopian regions. Its platform attracted attention through its selection of virtual games and sports betting options.
However, Ethiopia’s gambling industry experienced major disruption in December 2025 when authorities revoked all sports betting licences following investigations into alleged financial irregularities and regulatory violations.
These measures affected the entire licensed sports betting sector, creating uncertainty for brands such as PowerBet.
Is PowerBet Casino Still Operational in 2026?
As of November 2026, there is no reliable confirmation that PowerBet is operating as an authorized gambling platform in Ethiopia.
The brand’s historically associated website, powerbet.et, has reportedly experienced accessibility problems, while independent reviews have been unable to verify active registration, deposits, or withdrawals.
Nevertheless, website availability alone cannot establish whether a company has permanently closed.
In July 2026, the Ethiopian Lottery Service confirmed that no sports betting operators held valid licences in the country. Consequently, PowerBet cannot currently be considered a verified, legally authorized Ethiopian betting operator.
Why Did Ethiopia Shut Down Betting Operations?
The restrictions followed regulatory investigations into financial compliance, taxation, and other alleged irregularities within the gambling industry.
Authorities also introduced measures restricting betting-related financial transactions and warned consumers against using unauthorized platforms.
In October 2026, reports indicated that Ethiopia was preparing to potentially restart regulated sports betting under stricter supervision.
However, no official reopening date or new licensing procedure has been announced.
Could PowerBet Return to Ethiopia?
A potential return would depend largely on Ethiopia’s future gambling regulations.
If authorities introduce a new licensing framework, former operators could potentially seek authorization to resume their activities, provided they meet all regulatory requirements.
For PowerBet, this could mean an opportunity to rebuild its market presence. However, there has been no verified official announcement confirming a relaunch.
Final Thoughts
PowerBet remains a recognizable name in Ethiopia’s betting history, but its current operational status is unconfirmed.
With the country’s gambling regulations undergoing significant changes, the future of PowerBet and other betting platforms remains uncertain.
Until further official developments emerge, players should avoid assuming that websites using the PowerBet name are licensed or operational.
