Nigeria’s National Lottery Regulatory Commission (NLRC) has sought to address ‘confusion’ in the country’s betting market caused by an apparent statement from the Lagos State Lotteries and Gaming Authority (LSLGA). The LSLGA update, published last week, contained a list of 43 operators which the state regulator alleges have been taking bets in Lagos State without a licence. The authority encouraged …
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A total of 43 betting and lottery operators have been singled out for unlicensed activity in the Nigerian state of Lagos, according to a statement from the Lagos State Lotteries and Gaming Authority (LSLGA). Operators on the list include some notable names, such as Yolo Group’s Sportsbet.io, Malta-based European multinational NetBet and prominent Nigerian local player Cloudbet, a crypto sportsbook …
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Vermantia is strengthening its presence in Africa, and the nation of Nigeria in particular, via an expansion of racing partnerships with growing operator Fortune Bets. Fortune Bets, headquartered in the Nigerian city of Ibadan in the Oyo State, is to receive the Ultimate Live Greyhound Channel, which is being offered with a daily schedule of more than 40,000 live greyhound …
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An industry platform and software supplier for developing markets, Sirplay has made another move in the Nigerian sports betting market in partnership with BetaBet2000. Informing the market, BetaBet2000 has switched its legacy betting solution to Sirplay’s modular platform, as it seeks to continue its Nigerian expansion within the coming months. Moving forward, BetaBet2000 has gained tailored online sports betting solution with access …
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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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