Nigeria Awards New Betting Licences In Regulatory Push

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Having banned all foreign lotteries firstly of the yr Nigeria has awarded two new online sports activities betting licences - part of a renewed push in direction of a completely regulated market. The National Lottery Regulatory Commission (NLRC) gave Betwinner and Bet24Hrs the two permits for on-line betting and gaming, whereas escalating efforts towards unregulated websites, all designed to boost transparency in the business. Bet24Hrs’ managing director Roy Jianf praised the newly formalised software process, thanking the Commission for serving to them guarantee approval, and pledging to help the expansion of the regulated sector.

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