Cynthia Areh

Supreme Court nullified National Lottery Act, causing major changes in Nigerian gaming industry. FSGRN leads the shift, promising opportunities for operators. State regulators aim for a harmonized approach, but concerns about taxation, ROI, and regulatory framework linger. Uncertainty looms as industry players await clarity on new regulations. Nigeria's gaming future hangs in the balance.

The decision to scrap the Ministry of Sports Development in Nigeria has implications for the sports betting industry. Veteran Toyin Ibitoye believes the move is due to financial constraints and hopes for a grassroots-focused National Sports Commission. He emphasizes the importance of betting integrity and private sector involvement in advancing the sports sector. The merger could signal a transformative era for Nigeria's sports landscape, with potential for growth and development.

As 2024 ends, Nigerian sports betting faces a new tax regime set for 2025. Experts warn taxing players could drive them to illegal operators, while urging the government to focus on operators instead. The rushed regulation could create chaos in the gaming industry. Time for a re-evaluation.

Should gaming be part of financial literacy in Nigeria's schools? Explore the debate on its potential to teach risk management and responsibility versus concerns about addiction and youth vulnerability

1win enters Nigeria's sports gaming market, challenging industry norms with bold strategies and strong community-focused commitments. Amid regulatory shifts, 1win and the LSLGA are reshaping Nigeria's i-gaming landscape with innovative growth and responsible gaming.

Explore how Nigerian sports betting platforms like Frapapabet and Yanga Sports are navigating economic challenges under President Bola Tinubu's administration.