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.
htmlSuper Group delivered a fully profitable report card in the first quarter of 2026, but CEO Neil Menash focused his clearest goals on the African continent—Nigeria during the earnings call. This gambling operator saw its revenue soar 18.4% to $612 million, with adjusted EBITDA skyrocketing 36.9%
As multiple African countries tighten their gambling tax nets, Uganda, Kenya, and Lagos State in Nigeria are each taking three distinctly different paths to increase taxes, each drawing different boundaries between the legal market and the gray area. Last week, the Ugandan Parliament passed the "Lot
Cryptocurrency gambling operator BC.GAME recently announced its official entry into the Nigerian market, following the acquisition of a sports betting and casino license issued by the Lagos State Lottery and Gaming Authority, its localized domain bcbet.ng has also gone live. This marks the second re
The Lagos State Lotteries and Gaming Authority (LSLGA) in Nigeria recently announced a 5% withholding tax on all online gambling winnings for licensed platforms, effective immediately. This tax will be automatically deducted at the time of withdrawal and remitted to the state tax office. In plain t
Nigeria's gambling industry is facing a tug-of-war over regulatory authority between the federal and state governments. Last December, President Bola Tinubu vetoed the Central Gambling Act, which aimed to establish centralized regulation, on the grounds that it contradicted the Supreme Court's 2024
Many people only see the potential of Nigeria's 220 million population and extremely low CPI when looking at the Nigerian market, but the real key variable that changes the market structure is the reshaping of the payment system.The explosion of the Nigerian gambling market, in addition to leveragin
Recent highlights in the global gambling industry include Nigeria entering a new phase of regulation through interstate cooperation, potentially challenging South Africa as Africa's top gambling market; multinational companies are also launching innovative services and marketing activities, enrichin
After the President of Nigeria vetoed the central gambling bill, various states have started a new phase in the gambling industry through cooperative regulation, hoping to challenge South Africa as the top gambling market in Africa. Meanwhile, Waterhouse VC, focusing on gambling technology investmen
In the 2026 Barcelona ICE exhibition, SmartSoft CEO Guga Gotsadze and Logifuture CMO Ben Koff had an in-depth conversation, focusing on the uniqueness of the African market — it is not merely about "catching up" with mature markets, but operates on a completely different logic, especially in region
Nigerian President Buhari Ahmed Tinubu has explicitly vetoed the "Central Gambling Act", emphasizing strict adherence to the Supreme Court's 2024 ruling — gambling and lottery regulatory authority belongs to the jurisdiction of state legislation. Related African gambling regulatory cases can be quer
Nigeria is modernizing its regulatory framework, enhancing international cooperation, and implementing local reforms to elevate the standards of the gambling industry. The regulatory body in Enugu State emphasizes that this initiative aligns with global best practices and boosts investor confidence.
Recently, Nigeria has made several new moves in gambling regulation, upgrading their regulatory framework and signing a memorandum of understanding with a Swiss institution. Alinze Arum, the regulatory head of Enugu State, believes these measures are reliable and can make Nigeria's online gambling m
Since its establishment, 42 Gaming Group (42GG) has always adhered to a clear goal: to create iGaming products and brands with differentiated competitive advantages in regulated markets.The Meaning Behind the Name"42" originates from the sci-fi classic "The Hitchhiker's Guide to the Galaxy," represe
The cryptocurrency betting platform Sportsbet.io recently announced the appointment of four new ambassadors for its "Join the Cryptocurrency Experience" program, including three well-known figures from Nigeria, further highlighting the brand's strategy to target the African tech-savvy youth demograp
In Africa, particularly in Nigeria and Kenya, artificial intelligence technology is rapidly changing the face of traditional sports betting. More and more bettors are beginning to use data analysis and AI tools to assist their betting, gradually replacing the previous intuition-based decision-making
