MeridianBet has received full regulatory approval from the Lagos State Lotteries and Gaming Authority (LSLGA), enabling it to take a step further in its African expansion plans. Tapping into Nigeria’s £1.5bn betting industry, the operator will now supply its offerings to players in the country via the company’s newly licensed local operation – Masterlive Network Limited. The move follows 20 …
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Soft2Bet: bringing market-leading conversion power to Nigeria
In January, Soft2Bet announced its debut in Africa, as it unveiled a multi-year turnkey agreement with Channels Media Group, one of Nigeria’s largest media organisations. The deal sees the launch of Waddibet.com/ng which will compete in the Nigerian online casino and sports betting market. Combining Soft2Bet’s turnkey Player Account Management (PAM) solution and Motivational Engineering Gamification Application (MEGA) tool alongside …
Read More »Google prohibits gambling ads for Nigeria market
Google has implemented new comprehensive restrictions on gambling advertising in Nigeria, following a recent court ruling. On Wednesday, 8 January, Google updated its ‘country-specific policies‘ related to the advertising of gambling and games for Nigerian audiences. Effective immediately, Google will prohibit the advertising of online gambling products and offers in Nigeria. The ban on “gambling-related products” extends to promotional items …
Read More »William Scott: Sustainability is key as gambling markets in Africa reach inevitable maturity
The SBC Summit in Lisbon will place a spotlight on leadership’s view of the evolving dynamics and makeup of African gambling markets. William Scott, Chairman of Golden Matrix Group (GMGI), believes that there is no doubt that African markets will grow in significance for Western operators. As such, Western stakeholders must respect the regulatory frameworks, which are at different stages …
Read More »Blask expands intelligence coverage to Latin America & Africa
Blask has expanded the coverage of its AI-engineered market intelligence solution to include the majority of Latin America and Africa. New upgrades will enable Blask’s intelligence solution to provide real-time datasets and estimates on First-Time Depositors (FTDs) and Gross Gaming Revenues (GGR) for the Latin American markets of Brazil, Mexico, Argentina, Peru, Chile, and Ecuador. In Africa, Blask’s intelligence now …
Read More »Nigeria’s House of Representatives corrects “ban misconceptions” on sports betting debate
Rep. Kelechi Nwogu of Nigeria’s People’s Democratic Party has issued a correction to the widely circulated news that the House of Representatives is making moves to ban sports betting in the West African nation. The House of Representatives held a plenary meeting in Abuja last week where it directly addressed the National Lottery Regulatory Commission (NLRC), which is in charge …
Read More »Nigerian national regulator clarifies Lagos state situation
Nigeria’s National Lottery Regulatory Commission (NLRC) has sought to address ‘confusion’ in the country’s betting market caused by an apparent statement from the Lagos State Lotteries and Gaming Authority (LSLGA). The LSLGA update, published last week, contained a list of 43 operators which the state regulator alleges have been taking bets in Lagos State without a licence. The authority encouraged …
Read More »Lagos regulator orders customers to stop betting with 43 online firms
A total of 43 betting and lottery operators have been singled out for unlicensed activity in the Nigerian state of Lagos, according to a statement from the Lagos State Lotteries and Gaming Authority (LSLGA). Operators on the list include some notable names, such as Yolo Group’s Sportsbet.io, Malta-based European multinational NetBet and prominent Nigerian local player Cloudbet, a crypto sportsbook …
Read More »Abios powers Oyawin esports vision for Nigeria
Abios, the esports technology unit of Kambi Group Plc, has expanded its partnership with Nigerian media group 1337Pro to support the launch of the ‘Oyawin’ sportsbook brand. Bringing new dynamics into play for the Nigerian sportsbook market, the Oyawin brand will utilise Abios’ fully-customised esports solutions, providing full coverage and market pricing on leading esports titles of CS:GO, Dota 2, …
Read More »James Everett, BetGames: we have our sights firmly set on African expansion
We’ve seen many betting and gaming companies look to expand their international footprint in recent years, with a number turning their attention towards the African market. One such company which is continuing to expand its presence within the region is BetGames. For James Everett, VP Africa at BetGames, Africa has always been a strong-performing region for BetGames. But with the …
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