Opinion: clamp-down on underage gambling and the entrance of a new betting company In Nigeria

 

A lot of people don't know what is happening day to day in the Nigerian gaming scene and I think it's time someone starts to talk about it. 

As the name implies, this is my opinion,  I also understand my position as a thought leader, so I will be as factual as possible in my excerpt. 

So please let me know in the comment section, what you would want me to add or remove in my next weekend post.

Lottery Commission To Clampdown On Underage, Remote Gaming: 

There was a webinar last week, the focus of the webinar was to educate stakeholders of the stand of the NLRC (National lottery regulation commission) in regards to under-age Gambling. Emphasis was made on compliance, and also operators were made aware of the punishment involved if caught going against the ethical standard.  

I think its a good development and something to take seriously before it becomes a serious issue. 

Obviously, the first step to take is to talk about it, educate the stakeholders then run a campaign on national tv, radio stations and dailies. This will drive the information to every nook and cranny of the country, the point for running the media campaign is to educate parents and guidance and, everyone involved that it's not business as usual. 

The Conversation must go beyond talking to operators, steps should be taken to inform the masses of the danger of underage gambling.

After these have been taken care of, then the regulator can now start to talk about penalty and fine.

I trust everyone involved from the DG Mr Lanre Gbajabiamila to our honourable chairman Mr Akin Alabi. 

To be honest, Im excited about the future of our industry because of the type of people that we have at the helm of policymaking at the national level. States are also getting better with lagos, Oyo state, Anambra leading. 

All hope is not lost after all.

We have a new entry into the Nigeria gaming industry:

Booster99 is a new sports betting company in Nigeria offering sports betting service online, a quick look at their website shows they possessed the national lottery license meaning they are legal can accept bet online in Nigeria. From the look of things, they have no plan to go retail so makes them not a direct competitor to betBonanza. lol 

Btobet is their official software partner, this shows the determination of btobet to succeed in African most populous country. I understand they have tried with a few other companies previously.

 I wish both companies all the best.

Have a great week!