Noticias de ultima
  • 12.00 ATFX to Headline the SBC Summit Rio 2026 Poker Tournament as Official Sponsor
  • 12.00 Michigan iGaming Revenue Hits $356,3M in January as Sports Betting Declines Sharply
  • 12.00 Indiana Senate Advances Northeast Casino Bill, Removing Referendum Requirement
  • 12.00 New Zealand Clarifies Regulatory Framework, Bans Unauthorised Prediction Markets
  • 12.00 Onlyplay launches "Pub Fruits"
  • 12.00 Structured Sponsorship in Argentina: Why Dare to Dream Reflects a Long-Term Strategic Model
  • 12.00 "7 Power Up" by R. Franco drives growth in hospitality and strengthens its market positioning
  • 12.00 Dutch Regulator Warns of Gambling Normalization as New Study Highlights Need for Open Dialogue
  • 12.00 Amusnet Will Mark 10 Years of Global Growth with Major Showcase at SBC Summit Rio
  • 12.00 France Study Highlights Rising Underage Gambling Participation, Calls for Stronger Prevention Measures
Exclusive

The Rise of Online Gambling and the Addiction It Generates in Nigeria: An Unregulated Problem

Friday 07 de June 2024 / 12:00

2 minutos de lectura

(Nigeria, SoloAzar Exclusive).-In recent years, the West African country has seen a significant increase in illegal gambling and gambling addiction, especially in the realm of online gambling. This phenomenon has created growing concern among authorities and society in general, since the country lacks effective regulation that controls this activity, which aggravates the associated social and economic problems.

The Rise of Online Gambling and the Addiction It Generates in Nigeria: An Unregulated Problem

The history of gambling in Nigeria has complex roots dating back to traditional forms of betting that have existed in various African cultures for centuries.  They often revolved around games of chance and skill, serving as entertainment and social bond within the communities.

Gambling has been a popular activity in Nigeria for decades, but a lack of regulation and oversight has allowed illegal gambling to thrive. Sports betting, underground casinos, and unauthorized lotteries are some of the most common forms of illegal gambling in the country. These activities often operate without restrictions, making them accessible to people of all ages, including the most vulnerable.

The lack of a solid legal framework allows these businesses to operate without paying taxes or complying with security and transparency regulations. This not only deprives the government of significant tax revenue, but also exposes players to unfair and potentially fraudulent practices.

 Gambling Addiction: A Growing Problem

Gambling addiction, also known as gambling addiction, has become a serious problem in Nigeria. The accessibility of the game, combined with a lack of awareness and support for treating addiction, has led to an increase in the number of people affected. Gambling addiction not only has devastating consequences for individuals and their families, but also has a negative impact on the country's economy and social stability.

In this regard, according to a study conducted by the Lagos Addiction Research Centre, it is estimated that 30% of regular gamblers suffer from some level of gambling addiction.

Online Gaming: An Unregulated Challenge

The advancement of technology has led to the rise of online gambling in Nigeria. Websites and mobile applications offering sports betting, casino games and lotteries are easily available to Nigerians. However, the lack of effective regulation in the online gambling sector has created an environment where operators can act without restrictions.

According to recent statistics, the betting industry in Nigeria has seen exponential growth, with a 40% increase in player participation in the last year, reaching a market value of $2 billion.

Recent data shows that approximately 60 million Nigerians, mainly young people between the ages of 18 and 40, participate in sports betting regularly.

The absence of clear laws and oversight mechanisms allows online gaming operators to avoid tax responsibilities and operate without ensuring consumer protection. This results in an increase in scams and dishonest practices, where players rarely have any recourse to recover their money in the event of fraud.

The Need for Regulation and Public Awareness

To address these issues, it is crucial for the Nigerian government to implement effective regulation of the gaming sector. This includes creating clear laws that address both land-based and online gambling, and forming a regulatory authority to oversee the industry.

Additionally, it is essential to increase public awareness about the risks of gambling and addiction. Educational campaigns and prevention programs can help reduce the incidence of problem gambling and provide support to those already affected. It is also necessary to establish treatment and support centers for people with gambling addiction problems.

In closing, it must be emphasized that the rise of illegal gambling and gambling addiction in Nigeria represents a significant challenge that requires an urgent and coordinated response. The lack of regulation and oversight has allowed these activities to flourish, with negative consequences for individuals and society at large. By implementing effective regulation and increasing public awareness, Nigeria can begin to address this problem and protect its citizens from the dangers associated with unregulated gambling.

Categoría:Exclusive

Tags: online gaming,

País: Nigeria

Región: EMEA

Event

ICE Barcelona 2026

19 de January 2026

Nadia Popova from EGT on ICE Barcelona 2026:"The new concept of our stand made a strong impression on visitors"

(Barcelona, SoloAzar Exclusive).- In this post-event interview from Barcelona, Nadia Popova, EGT’s Chief Revenue Officer and VP Sales & Marketing shares insights on the company’s standout presence, its “All eyes on us” stand concept, key product highlights, and the strategic partnerships forged at ICE Barcelona 2026.

Friday 20 Feb 2026 / 12:00

Luz Beatriz Jaramillo Serna of 21Viral: “Our presence at ICE Barcelona 2026 was exceptionally positive”

(Barcelona, SoloAzar Exclusive).- Following her participation at ICE Barcelona 2026, Luz Beatriz Jaramillo Serna, Head of Business Development, Marketing and Sales for Latin America at 21Viral, analyzes the commercial impact of the event, the trends set to shape the industry’s direction, and the company’s strategic priorities to consolidate growth across the region and new regulated markets.

Monday 16 Feb 2026 / 12:00

Toni Karapetrov from Habanero on ICE Barcelona 2026: Regulated Growth, Localization and Strategic Expansion Drive 2026 iGaming Strategy

(Barcelona, Exclusive SoloAzar).- In this interview, Toni Karapetrov, Head of Corporate Communications at Habanero, shares insights from ICE Barcelona 2026, highlighting premium content innovation, high-level industry engagement, key iGaming trends such as localization and gamification, and the company’s strategic focus on regulated market expansion and sustainable growth in 2026.

Friday 13 Feb 2026 / 12:00

SUSCRIBIRSE

Para suscribirse a nuestro newsletter, complete sus datos

Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.