Nigeria bans operators over unlicensed gambling
In a public notice, the LSLGA names a host of operators that do not hold the relevant licence or approval in Nigeria. The LSLGA says operating without a licence breaches Section 33(3) of the Lagos State Lotteries and Gaming Authority Law 2021.
As such, the LSLGA deems each of the named operators as illegal and not approved to offer gambling in Nigeria. It is also urging players to cease gambling with any of the operators.
“The LSLGA wishes to reaffirm its commitment to regulating and promoting the Lagos gaming industry to ensure the interests of all stakeholders are adequately protected,” the LSLGA said.
Nigeria open to offshore operators
The Nigerian market is by no means closed to operators but requires any business to hold a licence to offer gambling.
In October last year, it was revealed Nigeria was to introduce a new remote operator permit for offshore-licensed operators. This allows businesses to offer online gambling in Nigeria without a local presence.
Businesses are eligible for a remote operator permit if they already hold a licence in another jurisdiction. The permit covers casino games, bingo, slots, sports betting and poker.
Each permit is valid for five years. Operators must pay an initial $100,000 for the permit, plus fees of $50,000 in each of the next four years.
Holders will also be allowed to advertise in the country across print media or via affiliate programmes.
igaming Business
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