The state of gambling in Nigeria is a complex beast .there is no doubt that in any nation ,the gambling industry does provide significant benefits in the form of jobs,revenue to healthcare and education and of course general entertainment for the population.
For many years ,Nigeria offline sport betting and gambling industry saw significant year-to-year growth with its online gambling counterpart gaining strength in the last decades or with an increase in the countrys population and widespread access to the Internet.in 2018,it was reported that Nigeria was the second largest online betting market in African with gross gaming revenue of $58 million for that year.
The downsides can be just as significant without proper regulations.federal and state regulatory agencies have never been on the same page about current laws,licensing or legal procedure for dealing with gambling entities.
For many years ,Nigeria offline sport betting and gambling industry saw significant year-to-year growth with its online gambling counterpart gaining strength in the last decades or with an increase in the countrys population and widespread access to the Internet.in 2018,it was reported that Nigeria was the second largest online betting market in African with gross gaming revenue of $58 million for that year.
The downsides can be just as significant without proper regulations.federal and state regulatory agencies have never been on the same page about current laws,licensing or legal procedure for dealing with gambling entities.