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Terence Lazard

Seed Investor & Largest Shareholder


London, UK

Terence Lazard
James Lambert
Value Retail PLC
Piers Lea
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 affluent former cricketers, having left his mark in business as much as in sport.

He is the Seed Investor and largest shareholder of BetKing, one of the leading sports gaming companies in the world that focuses on Africa as one of the fastest growing sports betting brands on the continent.

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, 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.

He is one of the Founders of Squarestone Growth, a property portfolio that specialises in retail property in London. He also established football agency, High Bolt, that was subsequently acquired by the Stellar Group and has investments in 38 Entertainment Group, which specialises in esports.

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. He also formed telecom wholesaler, Cell Shack, that was sold to Massmart three years after its inception.

After retiring from his sporting career, he entered the banking and UK 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.

Terence Lazard’s Newsfeed

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

Terence Lazard’s success as Seed Investor and largest shareholder of BetKing is underlined by MultiChoice increasing its holding in the leading sports gaming company to a non-controlling stake of 49% which values BetKing at $881 million. (R13.2 billion)

Pulse Nigeria
BetKing celebrates 3 years on the throne

Terence Lazard’s venture as Seed Investor and largest shareholder of BetKing is proving triumphant as the rapidly expanding entertainment and sports technology business celebrates three years of success.

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Terence Lazard’s Background

Seed Investor & Largest 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.
High Bolt Football
London, UK
High Bolt Football is a football agency founded by former professional sportsman, Terence Lazard. The agency, that specialises in managing football, was subsequently sold to the Stellar Group.
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Terence Lazard’s Gallery

Other Business Interests

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

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

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.

Terence Lazard’s Education

UCT | University of Cape Town
MBChB, Bachelor of Medicine and Bachelor of Surgery

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