Africa

Betwinner and Bet24Hrs Secure Nigerian Sports Betting Licences

Published

5 years ago

February 24, 2020

EU Ranked: The Sports Betting Capitals of Europe

Reading Time: < 1 minute

Betwinner and Bet24Hrs have secured sports betting licences form the National Lottery Regulatory Commission of Nigeria (NLRC).

Upon receiving the licence, Bet24Hrs managing director Roy Jiang thanked the Commission for its help throughout the process and pledged to contribute to the process and growth of Nigeria’s regulated gambling industry.

Olatunji Idowu, managing director of Betwinner, said that the operator was dedicated to being a trusted partner of the regulator. He said he was encouraged with the Commission’s ongoing efforts to clean up the industry and ensure all stakeholders supported good causes.

Lanre Gbajabiamila, director of NLRC, called on all operators currently serving Nigerian customers without a licence to apply for certification, warning those that failed to do so would “face the full wrath of the law.”

He also warned that licensees who failed to comply with regulations were liable to have the approval to operate revoked.

Up Next

MGA Cancels B2C Gaming Service Licence of Dorobet

Don't Miss

Wizards District Selects “JBM” with First Overall Pick in 2020 NBA 2K League Draft

Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.