Tag Archives: Akin Alabi

NairaBet nets Betgenius as in-play betting partner

Copyright: alphaspirit / 123RF Stock Photo

NairaBet is set to see its sports betting offering gain an in-play boost following a fresh link up with Betgenius, the supplier of sportsbook technology to regulated bookmakers and lotteries. The Nigerian bookie has selected to utilise Betgenius’ in-play coverage across all major sports, with an overall aim of giving customers ‘a premium live betting experience’ across it’s online platform …

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OPTIMA rises to the challenge of the Nigerian market with Nairabet

Nigerian bookmaker Nairabet has just signed a long-term deal with betting systems supplier OPTIMA to power its bookmaking operations. CEO Akin Alabi and OPTIMA CEO Jacob Lopez Curciel took time out to answer some questions about the deal. _____________________ SBC: How are Nairabet and OPTIMA working together? What is the extent of your partnership? Akin Alabi: OPTIMA will be powering …

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Nigeria betting stakeholders want end to ‘double taxation’

Nigerian sports betting industry stakeholders have put pressure on the Federal Government to tackle the lingering issue of double taxation, claiming that current tax-inefficiencies are stagnating sector growth. At a summit hosted by industry body the Association of Nigerian Bookmakers (ANB), syndicated operators were all in agreement that taxes charged by the National Lottery Regulatory Commission (NLRC) and individual states were …

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Colossus Bets products launched in Nigeria by 1960Bet and NairaBet

Two betting operators based in Nigeria, 1960Bet and NairaBet, have agreed a deal with Colossus Bets to launch the company’s products on their sites. Both are leading bookmakers in the country. The terms of the agreement will see both 1960Bet and NairaBet launch the Colossus collection, including the flagship Pick 7 Colossus, which is live now on both sites. Akin Alabi, Founder and CEO …

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Online football betting on the rise in Nigeria

Concerns are growing in Nigeria regarding the growing popularity of European football betting and the expansion of digital sports betting operators targeting male consumers. The News Agency of Nigeria (NAN), has published a report stating that Nigerians of all age groups spend almost NGN 2 billion (£7.5 million) daily on betting. NAN further estimates that over 60 million Nigerians (population: …

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