The West African country of Nigeria is the continent’s largest economy, primarily due to its petroleum production and export industries, and is well-known for its long-time love affair with gambling of all kinds. Many in the gambling industry believe that Nigeria has the potential to become the continent’s largest online betting market.
Due to its economic leadership in Africa, what happens in Naija may affect the financial state of the rest of the continent. Yet, despite the apparent success of both online and offline gambling enterprises in Nigeria (with many benefits to the state), government officials are now looking to seriously crack down on offshore and unregulated gambling operators.
Cracking down on unregulated sites
The unprecedented growth of the gambling industry in Nigeria has proved to be the largest obstacle for authorities to properly govern the actions of the operators and players…
Source: Guardian Newspaper