Author: Daniel
Day one of the biannual international gaming conference recorded a resounding success. Nigeria hosted a gathering of influential stakeholders, industry leaders, and leading international gaming operators. Distinguished members of the gaming industry and regulators convened at the Eko Hotels and Suites, Victoria Island, Lagos, Nigeria, to network, collaborate, and discuss topical and contemporary issues affecting the growth and development of the gaming sector in Nigeria. The panels at the event were Lanre Gbajabiamila, Director General, National Lottery Regulatory Commission (NLRC); Zephaniah Jisalo, Minister of Special Duties and Intergovernmental Affairs; Ahmed Aliyu Abdullahi, Chairman of House of Representatives Committee on Intergovernmental…
In the wake of a circular restricting banks’ dealings with the cryptocurrency industry, the crypto association has refused to remit billions in taxes to the Kenya Revenue Authority (KRA). The Blockchain Association of Kenya has refused to pay the three per cent tax collected from more than four million Kenyans selling digital assets. They did so because the Central Bank of Kenya (CBK) circular restricted banks from providing services to virtual asset companies. “We have withheld the tax since the digital asset tax (DAT) came into effect on September 1, 2023. The CBK told banks not to touch the Cryptocurrencies.…
The National Lottery Regulatory Commission (NLRC) is ready for Nigeria’s first international gaming conference. The event will feature leading international gaming companies from the USA, UK, South Africa, Botswana, Ghana, and other countries on October 31 and November 1, 2023. NLRC Director General Lanre Gbajabiamila has offered comprehensive insights into the preparations for an imminent global event. He underscored the Commission’s relentless dedication and thoroughness to ensuring the triumph of this international conference. Among many guests of honour and keynote speakers on the international conference day are Professor Rachel Volberg of the University of Massachusetts Amherst, USA.; CEO of Botswana…
Betika has refuted the allegations of bettor Nelson Kipkogei Melly, who claims the sports betting company is withholding his winning prize. Melly had filed a legal complaint against Betika, alleging that the company had mishandled his account and funds. He claimed that Betika failed to pay out his winnings of Sh477,590 and had placed bets using his account without his authorization. However, Betika has denied any allegations of wrongdoing concerning Melly’s winnings or account. The renowned betting company confirmed in a letter to the law firm representing Melly that he did place virtual bets on October 16, 2023, and won a…
The Nigerian sports betting scene gets a fresh injection of energy as BetBaba arrives in the market, intending to shake up the industry and challenge established players. The company has pledged to take a responsible approach to gambling, focusing on player safety and social responsibility. With its bold ambitions and strong values, BetBaba hopes to set a new standard for the industry as it calls for the National Lottery Regulatory Commission (NLRC) to implement stricter regulations to protect players and prevent gambling addiction. BetBaba’s managing director, Francis Ifie, boldly committed to the Nigerian market during the company’s launch event at…
Betika’s integrity and accountability are now under scrutiny as the company risks a legal dispute for allegedly withholding the winning prize of bettor Nelson Kipkogei Melly. Melly alleges that Betika has breached his trust and violated his account privileges by failing to pay out his winnings and using his account to place bets on other teams without his permission. Okinyo and Company Advocates, a legal firm representing Melly, has filed a formal complaint against Betika, alleging that the company has failed to honour its obligation to pay out winnings in the amount of Sh477,590 to Melly. The letter says, “You…
The Zambia Premier League (ZPL) has announced an exciting new partnership with the leading gaming brand Betway in an annual sponsorship deal worth K10 million. The separation of the ZPL from the Football Association of Zambia (FAZ) paved the way for this historic partnership. It clearly shows the league’s positive impact on the Zambian football landscape. Also, the exciting deal will see Betway become the league’s official sponsor annually. It is a massive win for both parties, as the sponsorship comes with a bonus for Betway to secure rights in the MTN Super League, the top division in the Zambian…
The Sports, Arts, and Social Development Fund (SASDF) is set to fuel a new era of sports development in Kenya from grassroots to elite level as it hits Ksh48.2 billion in betting revenue, shattering previous records. The SASDF is a government-backed initiative to strengthen the country’s sports, arts, and social development sectors. A few days ago, the body revealed that Ksh48.2 billion was revenue from betting activities in the past five years. Ababu Namwamba, Sports Cabinet Secretary, stated that this massive funding will significantly boost the sector. He further stated that the SADF’s disbursements over the past five years had…
Bets.io, a prominent sports betting company and a leader in the iGaming industry, has announced a long-term content partnership deal with the Professional Fighters League (PFL). They are also collaborating to launch the “Road to PFL Africa.” This collaboration requires Bet.io to team up with PFL, a leading MMA organisation, to create content that entertains and creates awareness for Mixed Martial Art (MMA) and betting fans across the globe. In addition, Bet.io will have to work closely with the PFL to create unique content tailored to “Road to PFL Africa.” A documentary series that details the journey of PFL towards…
The National Lottery Regulatory Commission (NLRC) has released a clarificatory statement in response to a purported update published by the Lagos State Lotteries and Gaming Authority (LSLGA) about some gaming operators. A few days ago, LSGA announced that some operators were unlicensed, and the NLRC has expressed displeasure about it. The body listed 43 betting operators stating that they were unlicensed. The original statement issued by the LSGA warned punters to beware of the operators tagged “unlicensed and illegal” in the state and to stay clear of placing bets with them. However, the NLRC has issued a solid opposition to…