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Nigerian Betting Scene in 2022

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Betting in Nigeria looks a lot different than it did prior to April 2016. At that time, PwC, Nigeria’s gaming industry publication, was a bettor’s number one source of information. Since then, betting has become a major pastime throughout the country.

Football Betting

As football is the top sport in Nigeria, betting surrounding this sport has been astronomical. It has raised excessive amounts of revenue to keep the country’s budget healthy. Sports bettors throughout the country regularly gamble on the details and outcomes of games played in the Spanish La Liga, and English Premier League.

Expansion Of The Nigerian Betting Scene

There are a few reasons why the Nigerian betting scene and gaming industry has widely expanded in recent years. Among them is the fact that many young people throughout the country consider sports betting to be the best form of entertainment. With a large population of younger people, sports betting is dominating the gambling scene.

From a technological standpoint, smartphones are now more prevalent in Nigeria than they had been before. Over the course of three years, the number of people using a smartphone to engage in sports betting grew to 50% of the country’s population.

The Nigerian betting scene has also expanded in the sense that for the first time, gaming companies are making sports betting a global past time. Thanks to the entrance of foreign parties, virtually every sports betting site has been able to offer an increased amount of content. Paired with companies that allow betting apps to pay out to bettors all over the world, the industry is currently experiencing a growth spurt.

Along the same lines, partnerships between companies have greatly expanded the number of betting options that mobile phone users have. The mobile gambling industry has grown so that now local and international lottery games can be played on a mobile device.

Change In Perception

Previously, sports betting was seen in Nigeria as something only low-income individuals engaged in. But as it has become a more prestigious hobby, and the benefits of sports betting have greatly improved, the industry is now attracting individuals that make a higher income than the average bettor.

The Future Of Nigeria’s Gaming Industry

The future looks bright for Nigeria’s gaming and sports betting industry. It calls for an increased number of acquisitions and mergers in order to keep expanding the options open to sports bettors. Since constant expansions cost money, businesses will likely come together to strengthen the industry. Mergers and acquisitions will also become necessary when mobile device users change their betting patterns and preferences.

There will likely be steps taken to attract younger sports bettors to the industry through the use of virtual fantasy sports betting. Virtual technology is something the younger generation of bettors are already being exposed to. Virtual fantasy betting has already proven popular with players, and it will continue to grow as a result.

When it comes to betting in Nigeria, times are changing in ways that will benefit much of the country’s population.

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via [email protected]

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FIFA Picks Saudi Arabia to Host 2034 World Cup

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By Adedapo Adesanya

Saudi Arabia has been confirmed as the host nation for the 2034 FIFA World Cup.

Also confirmed were the hosts for the 2030 World Cup, which was awarded to six countries and will take place across three continents to celebrate 100 years of the tournament.

Saudi Arabia was the sole bidder for the 2034 competition. Its host status was confirmed on Wednesday after an online meeting of the 211 members of the International Federation of Association Football (FIFA).

The members confirmed the unchallenged bids by acclamation – simply clapping during the virtual meeting led by FIFA president, Mr Gianni Infantino.

As well as the World Cup, Saudi Arabia is hosting football’s 2027 Asian Cup, the 2029 Asian Winter Games and the 2034 Asian Games. It also has long-term ambitions to host more major events, including the Women’s World Cup.

The 2030 tournament will be led by co-hosts Spain and Portugal in Europe, and Morocco in North Africa. Uruguay, Paraguay and Argentina will each hold an opening match to mark 100 years since the first World Cup took place in Uruguay in 1930, a tournament that the South American nation won.

The next World Cup in 2026 will be co-hosted by three proximal nations in North America— the US, Canada, and Mexico.

Saudi Arabia first published its bid for the World Cup back in August 2024 after FIFA controversially fast-tracked the process for hosting the tournaments in 2030 and 2034.

The bid for the 2034 tournament has led to criticism from activist groups, who argue that Saudi laws will not protect workers overseas.

Some of the issues echoed that of the 2022 tournament held in Qatar.

The tournament will require the construction of eight new stadiums, for a total of 15 hosting venues, plus the addition of 175,000 hotel rooms, which will rely heavily on migrant labour.

Critics of FIFA also insist a Saudi-based World Cup risks a repeat of the rights abuses seen during a decade of similar preparations for the 2022 World Cup in Qatar.

FIFA previously praised the Saudi bid in an in-house evaluation, noting that the 48-team, 104-game tournament offers “significant opportunities for positive human rights impact”.

However, it added that Saudi Arabia must invest “significant effort and time” to comply with international standards.

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Brila FM Suspends Operations in Port Harcourt, Abuja Over N200m Fraud

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By Aduragbemi Omiyale

Leading sports radio station in Nigeria, Brila FM, owned by a veteran sports journalist, Mr Larry Izamoje, has suspended its operations in Abuja and Port Harcourt in Rivers State.

The broadcast stations in these two prominent cities of the country are currently not on air as a result of the directive of Mr Izamoje.

He took the action after uncovering fraudulent activities by employees of the company.

It was alleged that Brila FM’s Head of the Port Harcourt branch, Mr Sam Victor Mpong Akakan, has not been remitting funds to the company’s account.

In a statement made available to Business Post, it was stated that Mr Akakan has been arrested by the police in connection with the issue alongside the organisation’s former Chief Accountant, Mr Ekerete Sunday.

Mr Akakan was accused of opening a company, Bricast Communications, only two months after Brila FM Port Harcourt began operations with him as the Head of Station.

It was claimed that he took the first three letters of Brila and the word ‘CAST’ from ‘BroadCASTing’ to register his business name, which he allegedly used to issue invoices meant for Brila FM.

It was said that in connivance with others, Mr Akakan issued several Bricast Communications invoices with Bricast account details to several Brila FM clients instead of the company’s invoice bearing Brila Broadcasting Services Ltd for the diversion of payments for adverts and sponsored programmes aired on Brila FM stations in Abuja and Port Harcourt particularly.

He is also being investigated for forging certificates of broadcasts of Brila FM, tendering the same to clients using his Bricast invoices and getting payments into his Bricast account from such activities.

Mr Akakan was said to have presented himself on several occasions to unsuspecting clients including churches as Brila FM’s marketer and once convinced to do business on Brila FM gave them Bricast invoices for payments to his company (Bricast) repeatedly.

It was claimed that a fraud case involving over N200 million led to the temporary suspension of the Abuja and Port Harcourt branches.

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Analysis Reveals Wilfried Zaha as Africa’s Most Handsome Athlete for 2024

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By Dipo Olowookere

An analysis has shown that an Ivorian footballer, Wilfried Zaha, is the most handsome African sportsperson in 2024.

Zaha, who opted to play for Cote d’Ivoire after the Three Lions of England snubbed by him, currently plies his trade in Turkey for Galatasaray.

He moved to Turkey from England, where he played for Crystal Palace, and was one of the stars of the football outfit.

In research conducted by Bettors, Zaha topped the list as the most attractive African male athlete of 2024, closely followed by Odion Ighalo, a former Nigerian striker, and Akani Simbine, a South African sprinter.

The Most Handsome African Athletes of 2024 rankings used the golden ratio as a benchmark for facial attractiveness.

This study carefully analysed high-quality images of athletes from various sports, offering a fresh perspective on their aesthetic appeal.

The methodology involved selecting three high-quality images per athlete, sourced from official sports archives, media outlets, and verified athlete profiles, ensuring accuracy and clarity, according to the results of the research made available to Business Post.

Fourth on the list is Alex Iwobi of Nigeria, who plays for Fulham FC in England, and a Tanzanian footballer with Greece’s PAOK, Ally Samatta, is the fifth Most Handsome Athlete in Africa.

Ghana and Arsenal’s midfielder, Thomas Partey, is sixth, Senegalese Kalidou Koulibaly is seventh, Pierre-Emerick Aubameyang of Garbon is eight, Ivorian Cheick Sallah-Cisse is ninth and Senegalese Reug Reug is number 10 on the list.

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