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Terence Lazard

Seed Investor & Shareholder

BetKing

Dubai, AE

Terence Lazard

Learning Technologies Group

Terence Lazard’s Biography

Terence Lazard is a former professional cricket player, who is recognised for his great success as a businessman and entrepreneur. He is known amongst his peers to be one of the most accomplished former cricketers, having left his mark in business as much as in sport.

He is a Seed Investor and was originally the largest Shareholder in BetKing, one of the leading sports gaming companies in the world that concentrates on Africa and one of the fastest growing sports betting brands on the continent. Terence is also a significant investor in gaming, predominantly focusing on South East Asian markets.

Terence formed family office KLT Holdings with CEO, Brad Kark, and another high-net-worth entrepreneur alongside a distinctive international bank. The venture capital firm has investments in cannabis, fibre, logistics & fintech, and their property investments include residential, commercial, rural and retail, as well as mining and multiple KFC franchises. KLT International is London based and focuses on co-investments in property across Europe and the US as well as private equity investments... Terence Lazard is a former professional cricket player, who is recognised for his great success as a businessman and entrepreneur. He is known amongst his peers to be one of the most accomplished former cricketers, having left his mark in business as much as in sport.

He is a Seed Investor and was originally the largest Shareholder in BetKing, one of the leading sports gaming companies in the world that concentrates on Africa and one of the fastest growing sports betting brands on the continent. Terence is also a significant investor in gaming, predominantly focusing on South East Asian markets.

Terence formed family office KLT Holdings with CEO, Brad Kark, and another high-net-worth entrepreneur alongside a distinctive international bank. The venture capital firm has investments in cannabis, fibre, logistics & fintech, and their property investments include residential, commercial, rural and retail, as well as mining and multiple KFC franchises. KLT International is London based and focuses on co-investments in property across Europe and the US as well as private equity investments in Europe. Terence currently has investments in more than 25 businesses.

Retail Mobile Credit Specialists was co-founded by Terence and partially sold to a major telecom organisation with a listed telco specialist acquiring the remainder.

Following his sporting career, he entered the banking and futures market. He went on to establish a treasury management business that focused on Foreign Exchange, debt, and shipping for South African multinationals.

As a professional cricket player, the highlight of his career was scoring 307 runs, which saw him break the South African record. READ MORE VIEW LESS

Terence Lazard’s Newsfeed

Moneyweb

MultiChoice acquires a further holding in BetKing

Read more

Business Day

MultiChoice pays R4.4bn, taking BetKing stake to 49%

Read more

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Terence Lazard’s Background

BetKing

Seed Investor & Shareholder

2018 - Present

Lagos, NG

BetKing is one of the five most viewed sports gaming companies in the world with offices in Lagos, Malta, Belgrade, Addis Ababa, Nairobi, London and Dubai. The platform was established in 2018 and has since become one of Africa’s fastest growing sports betting businesses.

KLT Holdings

Co-Founder

2012 - Present

KLT Holdings is a family office established by Terence and CEO, Brad Kark, together with a UK based high-net-worth entrepreneur and a distinctive international banking and wealth management group. The firm invests venture capital in cannabis, fibre, logistics & fintech, and their property investments include residential, commercial, rural, and retail as well as mining and KFC.

KLT International

Co-Founder

2012 - Present

London, UK

KLT International focuses on co-investments in property across Europe and the US as well as private equity investments in Europe.

Retail Mobile Credit Specialists

Co-Founder

2004 - Present

Johannesburg, ZA

Retail Mobile Credit Specialists was established in 2004 and offers retailers comprehensive IT and business solutions, including customer care, billing & profiling, IT integration, sales, and administration.

Cell Shack

Founder

2000 - Present

Cape Town, ZA

Cell Shack is a telecommunications business that offers the wholesale of contract and pre-paid airtime, mobile phones, and accessories as well as telecommunications support solutions. The business was acquired by Massmart, parent organisation to Walmart, in 2003.

Western Province Cricket

Batsman

1983 - 1995

Cape Town, ZA

Western Province is the cricket team that represents the Western Cape province in South Africa. The team has won the SuperSport series 18 times and it is a national first-class cricket team with its main venue being in Newlands, Cape Town.

Boland Cricket

Batsman

Paarl, ZA

Boland is a first-class cricket team that competes in the CSA Provincial Competitions and represents the Boland region of the Western Cape province in South Africa. The Boland Cricket Board selects the players and is responsible for managing and promoting the team.

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Terence Lazard’s Gallery

Other Business Interests

Ozow

Investor

Johannesburg, ZA

Ozow is a payment solution business founded in South Africa that was previously known as i-Pay. The platform offers automated instant EFT and bank to bank payment solutions.

Current Board Positions

BetKing

Chairman

London, UK

As Seed Investor and largest shareholder, Terence serves as Chairman of the board at BetKing.

Media

The Baobab Network | Terence Lazard

Video

Oct 2024

Terence highlights the importance of not downplaying yourself when one is selling a vision or pitching an idea. He says it not just about having great ideas; it’s about showing passion. He reminds everyone that passion, confidence and self-belief play an important role in selling your vision.

Business Interests

MG Health Limited

Significant Shareholder

Maseru, LS

MG Health, formerly Medigrow, is a certified cultivator and manufacturer of pharmaceutical-grade cannabis extracts. Based in Lesotho, the company manufactures products for the global market. Terence is a significant shareholder in the business through KLT Holdings.

Press Releases

MultiChoice acquires a further holding in BetKing

Jun 2021

Johannesburg, ZA

MultiChoice has increased its holding in BetKing to a non-controlling stake of 49%. In October 2020, MultiChoice acquired a 20% share as part of its strategy to expand its entertainment portfolio.

Investments

FairPlay

Investor

FairPlay is one of the largest fantasy and gaming exchanges on the subcontinent and offers the opportunity to bet on sports and horseracing as well as live card games and casino.

Terence Lazard’s Education

UCT | University of Cape Town

MBChB, Bachelor of Medicine and Bachelor of Surgery