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Is Sports Betting Legal In Nigeria?

by Demi Dowden (2021-10-25)

<p>Not only is it the most <a href="">populous black</a> <span style="font-family: Lucida Console, Monaco, Courier, Courier New, monospace;line-height:80%;text-decoration: underline;text-decoration-color: red;">nation on earth, but the</span> oil-rich country is also renowned for <a href="">repeatedly churning</a> out stars across various sports. Like most countries where sports are a tool for upward social mobility and unison, betting is <a title="click here" href="">prevalent</a>. Several sports stars like Jay-Jay Okocha, Nwankwo Kanu and Victor Ikpeba have recently featured in adverts and promotional videos for sports <a href="">betting companies</a>.<span style="text-shadow: 2px 2px 2px #ff0000;text-decoration: underline;text-decoration-color: green;">If you want to learn more</span> <span style="word-spacing:5px;text-decoration: overline;">about sports and soccer</span> events, you need to follow this link.</p>
<p style="text-justify;">The vast love and <a href="">passion</a> for sports are reflected in how <a rel='me' href="">Nigerians crowd</a> <a href="">viewing centers</a> to watch <a style="font-weight: bolder;text-decoration: none;color:rgb(192, 0, 0);" href="">football matches</a> <span style="font-family: Times, Times New Roman, Georgia, Garamond, Palatino Linotype, Palatino, Book Antiqua, New York, serif;text-decoration: underline;text-decoration-color: blue;">on weekends and global</span> competitions. Some of the highlights of <a href="">viewing centers'</a> owners include World Cups, the <a target="_blank" href="">UEFA champions</a> <a href="">league nights</a> and English Premier League. Across the country, the love for football is unmistaken with jerseys and stickers a <a style="font-weight: bolder;text-decoration: none;color:rgb(192, 0, 0);" href="">recurring sight</a>. Nigeria's passion for sports has <a rel=me href="">attained international</a> recognition, with <a href="">FIFA extending</a> an invite to the <a href="">Nigerian Supporters</a> Club during the World Cup when the country failed to qualify. It has also been recognized for its exceptional feats at the Olympics, African Nations Cup, Basketball, Athletics and tennis meet worldwide.</p>
<p>In this article, our author Kate Richardson examines the legal regulations of Nigeria's sports betting industry. You can check out her <a href="">profile</a> here.</p><a href=""><img src="" style="max-width:450px;float:left;padding:10px 10px 10px 0px;border:0px;"></a>
<p><img src="../images/advertorials/800/2021katerichardson02@@fes_width&5E250@@fes_height%5E166.jpg"><b>Sports Betting <a href="">Regulation</a> In Nigeria</b></p><a href=""><img src="" style="max-width:410px;float:right;padding:10px 0px 10px 10px;border:0px;"></a>
<p>Sports betting in Nigeria is chiefly regulated by the National Lottery <a title="click here" href="">Regulatory Commission</a> (NLRC). The NLRC is charged with registering and issuing licenses to <a href="">potential sports</a> <span style="text-shadow:2px 5px 20px red;">betting companies and bookmakers in the country</span>. The federal body was created by the National Lottery Act of 2005. By the <a target="_blank" title="click here" href="">provisions</a> of the act, the NLRC is charged with ensuring transparency and accountability in lotteries through the issuance of gambling licenses. It's also charged with protecting the general public, players, and stakeholders from fraudulent elements in the gambling space.</p>
<p>Before <a target="_blank" href="">starting</a> a gambling business in Nigeria, companies and individuals with such intentions must submit applications to the NLRC for a license. Failure to do this contravenes the <a style="font-weight: bolder;text-decoration: none;color:rgb(192, 0, 0);" href="">National Lottery</a> Act and <a href="">attracts</a> <span style="text-shadow:2px 5px 20px red;font-family: Verdana, Arial, Helvetica, Trebuchet MS, Tahoma, Geneva, Lucida Sans Unicode, Lucida Grande, MS Sans Serif, sans-serif;font-stretch: semi-expanded;font-style: italic;">suspension, closure and court</span> action against such company. The requirements for obtaining a gambling license as an <a rel=nofollow href="">operator</a> in <a href="">Nigeria</a> include the following;</p>
<h2>• The payment of a N2million application fee to cover costs of the processing;</h2>
<p><span style="text-shadow: 2px 2px 2px #ff0000;line-height:80%;font-weight: 300;">• A list of the names and</span> profiles of <a target="_blank" rel="me" href="">would-be directors</a> of the company;</p>
<h2>• Evidence of company share capital totalling a minimum of N30 million;</h2>
<p>â€<a href="">¢ Proof</a> that the <a rel="Nofollow" href="">chosen domain</a> <span style="font-family: monospace;text-decoration: underline;text-decoration-color: green;">name has been registered and</span> is effective;</p>
<h2>• Information on what type of games to be hosted, whether live betting, virtual or esports;</h2>
<p style="text-justify;">• Evidence of an optimal web security system which includes firewalls, Cloudflares, routers, among others.</p>
<p>The above shows that an <a href="">individual</a> cannot successfully apply to the NLRC for an operating license. This is because the Act requires the company to have directors, as well as minimum <a href="">share capital</a>. Such a company thus must be incorporated and registered with the Corporate Affairs Commission. It's important to note that the National Lottery Act is silent on online and land-based casinos. However, these are fully operational in the country, and none of such facilities has been penalized. Lastly, the National Lottery Regulatory Commission maintains a list of registered gambling operators on its website. It's advisable to go through this list before registering with a new sportsbook in Nigeria.</p>
<p>The National Lottery <a href="">Regulatory Commission</a> <u><span style="font-family: serif;">isn't the sole regulating body</span></u> of gambling operators in <a href="">Nigeria</a>. There is also the Lagos State Lottery Board (LSLB). The LSLB is more popular than its <a target="_blank" title="click here" href="">federal counterpart</a> because of the commercial propensity of Lagos state. The former capital is home to several industrial powerhouses, including many sports betting companies. As a result, more gambling operators have an LSLB license than those with an NLRC license. This may be because the LSLB was founded before the NLRC. The Lagos State <a rel="Nofollow" href="">Lottery</a> Law, which is the <a href="">LSLB's enabling</a> law, was passed in 2005, giving the LSLB the mandate to regulate sports betting, pool betting, lotteries, and other gaming activities within the state. This was followed by the Casino regulatory framework's <a href="">administrative</a> <a href="">transfer</a> to the LSLB by the state's Ministry of Finance.</p>
<p style="text-justify;">In essence, a gambling operator may <a href="">register</a> with either body depending on how broad its scope of <a target="_blank" style="font-weight: bolder;text-decoration: none;color:rgb(192, 0, 0);" href="">operation</a> is. If you're looking to operate across the 36 states of Nigeria, then an NLRC license is what you need. However, if your <a href="">gambling business</a> is confined to Lagos state, the LSLB license will <a href="">suffice</a>. Due to the <a href="">internet's unchecked</a> <span style="text-shadow: 2px 2px 2px #ff0000;font-family: Verdana, Arial, Helvetica, Trebuchet MS, Tahoma, Geneva, Lucida Sans Unicode, Lucida Grande, MS Sans Serif, sans-serif;font-weight: bold;">nature in Nigeria, many</span> sportsbooks operating in the <a href="">country</a> <span style="font-family: serif;font-weight: 900;">do so with the LSLB license</span>. Thus, a <a rel='nofollow' href="">sports bettor</a> in Kaduna state may place bets on a <a href="">gambling operator</a> with the <a target="_blank" href="">restrictive</a> <span style="color:rgba(255, 255, 255,0.5);word-spacing:-1px;font-style: italic;"><div id="qxfc" style="display:none;"></div>LSLB license</span>. It remains to be seen if the <a href="">regulatory bodies</a> <span style="font-family: Gill Sans Extrabold, sans-serif;font-weight: bold;">will take steps to curb this</span> <span style="text-decoration: underline;">action as many bookmakers</span> <span style="font-family: Goudy Bookletter 1911, sans-serif;font-size-adjust:0.80;text-transform:capitalize;">operate outside their license</span> scope.</p>
<p><b><span style="word-break:keep-all;font-family: Courier, Courier New, monospace;font-weight: 900;">Is Sports Betting Legal In</span> Nigeria?</b></p><a target="_blank" href=""><img src="" style="max-width:400px;float:left;padding:10px 10px 10px 0px;border:0px;"></a>
<p>In Nigeria, sports betting is legal as long as you meet the age of majority. The age of the majority, according to <a target="_blank" href="">Nigerian</a> law, is 18. This is to <a href="">prevent school</a> children and younger kids from developing gambling problems in their childhood. Although gambling used to be <a href="">illegal</a> <span style="white-space:pre;text-transform:capitalize;">by the Prohibition of Gaming</span> <span style="text-decoration: overline;">Machines Act, there are now</span> sports betting regulators <a href="">charged</a> <span style="word-spacing:-1px;text-decoration: underline;text-decoration-color: red;">with making land and online</span> gambling safe for <a style="font-weight: bolder;text-decoration: none;color:rgb(192, 0, 0);" href="">Nigerians</a>. Currently, you're free to patronize gambling operators in Nigeria without fear of breaking the law.</p>
<p><span style="color:rgba(255, 255, 255,0.5);font-family: Arial, Helvetica, sans-serif;text-decoration: underline;text-decoration-color: green;">However, punters should ensure</span> <span style="text-shadow:2px 5px 20px red;word-spacing:2px;">that such bookmakers are registered with the relevant authorities to ensure their safety</span>. <span style="line-height:2;text-decoration: underline;text-decoration-color: green;">To this end, you can find a</span> <span style="text-shadow: 2px 2px 2px #ff0000;font-family: fantasy;line-height:90%;text-decoration: overline;">list of the registered and</span> <span style="color:hsla(120,0%,50%,1);font-family: fantasy;text-decoration: underline;">trustworthy bookmakers</span> <span style="font-family: Garamond, Georgia, Times, Times New Roman, serif;font-size: 160%;text-decoration: underline;text-decoration-color: green;">operating in the Nigerian</span> <span style="white-space:pre-wrap;text-shadow:2px 5px 20px red;font-family: Trebuchet MS, Verdana, Arial, Helvetica, sans-serif;">gambling space at Mightytips</span>. You can also subscribe to our emails for betting tips, predictions and news updates on your favourite sports. In conclusion, always remember to gamble responsibly to avoid addiction and bankruptcy.</p>