Gambling in Nigeria: Main Facts
Point | Details |
---|---|
🌐 Most Widespread Languages | English, Hausa, Yoruba, Igbo |
💵 National Currency | Nigerian Naira (NGN) |
🚫 Legal Status of Gambling | Legal but regulated; certain forms of gambling, like lotteries and sports betting, are permitted, while others are banned. |
🏛️ Gambling Regulator | National Lottery Regulatory Commission (NLRC) |
💰 Gambling Taxes | Licensed companies must remit 2% of their monthly turnover to the National Lottery Trust Fund and 1% to the NLRC. Various other fees and taxes apply depending on the type of gambling activity. |
🎲 Popular Gambling Activities | Sports betting, lotteries, casino games, poker, and bingo. |
🌐 Availability of New Online Casinos | Increasing; many international online casinos are accessible to Nigerian players. |
📱 Technology Usage | High internet and mobile phone penetration, facilitating online gambling activities. |
🃏 Most Popular New Game Type | Online slots and sports betting. |
🎁 Most Popular New Bonus Type | Welcome bonuses, free bets, and deposit matches offered by online casinos. |
🎮 Top New Casino Software Provider | Popular providers include Microgaming, NetEnt, and Evolution Gaming on international sites. |
Here's detailed information about the status of gambling in Nigeria. Now, let's dive deep into our reviewing process!