The gambling industry in Nigeria has seen significant development in recent years, with the country's gambling market including casinos, sports betting, lotteries, and other forms of gambling.
Driven by countries such as Nigeria, South Africa, and Kenya, the African gaming market is rapidly expanding. According to the latest report by Market Data Forecast, the Compound Annual Growth Rate (CAGR) of the African digital gaming market is expected to reach 11.65% from 2024 to 2033. This growth
The 2025 SBC Summit will be held on September 16 at the Lisbon International Exhibition Center (FIL), featuring for the first time a dedicated Emerging Markets segment focusing on the African betting market, to deeply explore the rapid development and potential opportunities of the African gaming in
The crackdown on the Nigerian "Eagle Flush" telecom fraud continues to progress. The fifth batch of Chinese suspects pleaded guilty in the Federal High Court of Lagos Ikeja, receiving a sentence of one year in prison and a fine of 1 million Naira (approximately 4500 RMB), with deportation following
The Federal High Court of Nigeria recently ruled on a major transnational cyber fraud case, sentencing 15 Chinese nationals, 2 Filipinos, and 1 Pakistani to one year in prison each, and imposing a fine of 1 million Naira (approximately 4,800 RMB) per person. After serving their sentences, all foreig
Recently, law enforcement agencies in Nigeria dismantled a large multinational telecommunications fraud hub hidden in Lagos, shocking the international community with the broad scope of the case, the number of people involved, and the complexity of the methods used. According to the Economic and Fin
According to AFP, Nigeria's largest transnational cyber fraud case has been adjudicated, with a Lagos court convicting 15 foreign nationals of Asian descent on charges of cyber fraud and "cyber terrorism." This is the largest international cybercrime case cracked in Nigeria in recent years.The Econo
Nigeria is rapidly emerging as Africa's most promising online gambling market, with a young population that makes up 60% of its 200 million people and the rapid adoption of mobile payments, the market size is expected to exceed $2 billion by 2025.The National Lottery Regulatory Commission (NLRC), as
In the context of globalization, more and more game developers are turning their attention to overseas markets, especially those with great potential such as the Philippines, Brazil, Indonesia, India, Kenya, and Nigeria.However, how to quickly scale up and reduce promotion costs in these markets has
Readen Holding Corporation (RHCO) has signed a final agreement to acquire an 80% controlling stake in Morrich Lottery Limited, a fully licensed lottery operator in Nigeria.This acquisition includes licenses for lottery, sports betting, and casino operations in Nigeria, marking RHCO's official entry
Recently, Google has updated its advertising policy, allowing online gambling ads to be placed in Nigeria again. This marks a significant adjustment in Google's policy towards gambling ads in Nigeria.Background: The Implementation and Lifting of the BanIn January 2025, following a ruling by the Supr
Due to significant changes in the regulatory environment, Google has completely banned the placement of gambling-related advertisements in Nigeria, including online betting products, promotions, educational resources, betting tips, odds, and handicaps, causing a significant impact on the affiliate m
BackgroundThe Philippine government once implemented the Philippine Offshore Gaming Operators (POGO) policy, allowing domestically licensed companies to operate online gambling businesses targeting overseas markets (mainly China). This model flourished during Duterte's administration, forming concen
MeridianBet has received regulatory approval from the Lagos State Lotteries and Gaming Authority (LSLGA) to offer B2B products in the Nigerian market.This latest development is achieved by the subsidiary of Golden Matrix Group, which has been operating in the African continent for 20 years. Now, wit
