The Future of Sports Betting in Nigeria

June 21, 2022
future of sports betting

Sports betting is increasingly becoming popular in Nigeria and other parts of Africa. Every sports-loving Nigerian enjoys betting on a wide variety of games which often adds elements of excitement. Whenever there is a Premier League or Champions League match, sports lovers in Nigeria come together with their friends to wager on numerous aspects of the event.

The prevalence of sports betting has given rise to the emergence of several betting companies in Nigeria. Nigerians visit these companies online or in their retail shops to place bets on numerous games. The internet has also made online sports betting easier as more and more Nigerians wager on their favourite games.

The future of sports betting in Nigeria is bright.

Future of Sports Betting in Nigeria

  • Greater acceptance

Sports betting is enjoying more acceptance in Nigeria, which will not change anytime soon. In 1990, the Nigerian government legalized multiple games of skill via the Criminal Act Code. This made it possible for land-based casinos and sports betting platforms to operate with minimal restrictions.

The National Lottery Regulatory Commission heavily monitors the industry. This government body ensures every land-based and online gaming platform pays its taxes. It also ensures Nigerians only wager on approved games like poker, blackjack, etc.

  • Movements of international brands to Nigeria

The availability of broadband internet services and the acceptance of sports betting have attracted international brands in the betting industry to Nigeria. This new generation of youthful Nigerians is tech-savvy and loves the convenience of performing several legitimate activities online.

This has created a thriving market for international betting brands. Dedicated Nigerian betting websites spring up almost daily, and more Nigerians are taking advantage of their enticing offers.

  • Mobile gaming

Technology keeps evolving and transforming every aspect of life. Betting websites have observed this trend and partnered with exceptional tech firms to keep all their customers actively engaged.

Many of these online betting platforms have developed and launched mobile applications. Their customers can visit the Google Play Store or App Store to download these apps. These applications ensure users stay connected with the goings-on of the sports event in action.

  • Live streaming

Bookmakers in Nigeria have started using live streams to actively engage their numerous customers. Streaming allows fans to watch live games on their mobile devices or laptops.

A few betting platforms have upgraded their offers by adding live sports betting that passionate fans can take advantage of. Live bets ensure a more immersive experience for players during tournaments like the Premier League, Bundesliga, etc.

Conclusion

The future of sports betting in Nigeria is assured as more and more individuals become tech-savvy. This has enabled them to take advantage of the offers on dedicated online platforms set up for the Nigerian market.

Sports betting in Nigeria can only improve as technologies emerge every day. There is no sign of slowing down anywhere as long as brands and bettors don’t break the law.

Dipo Olowookere

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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